Yen Bai strives to have 80 more cooperatives in 2023
- Wednesday, January 11, 2023
YBO - As many as 97 new cooperatives were established in Yen Bai in 2022, lifting the total of cooperatives in the locality to 652, with nearly 60% of them operating in the fields of agriculture, forestry and fishery.
Production of alcoholic beverages is distilled at Nhat Nguyet Cooperative in Lien Son Farm town, Van Chan district.
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Branded products of Yen Bai province have received warm welcome from the market. In recent years, many enterprises have paid due attention to developing their brands and secure a foothold in the market.
Defining public investment disbursement, including foreign capital, is the most important task, Yen Bai province has proactively devised plans on how to use the funding and repay loans in line with local resources as well as arrange resources to pay debt and fulfill repayment obligations, ensuring that outstanding debt is closely controlled.
Instead of just making a living from and taking advantage of forests, the Mong ethnic minority people in Yen Bai province now considers forests invaluable assets and know how to create livelihoods and get rid of poverty.
After five years of implementation, the One Commune, One Product (OCOP) programme in Yen Bai province has developed strongly.