In July, credit institutions in Son La province saw stable operations, with total cash collection through bank funds estimated at 8.6 trillion VND (341.6 million USD) and total cash expenditure at 8.2 trillion VND.

In the first seven months of this year, Son La province granted in-principle approvals to six projects with a total registered capital of nearly 128 billion VND (5.1 million USD).

Over the past time, Son La province has issued and applied many mechanisms and policies to support the establishment of cooperatives and create favourable conditions for them to develop and expand production and business.

Under credit programmes, more than 510 households in Muong Khoa commune, Bac Yen district, have accessed concessional loans worth over 24 billion VND (950,589 USD) from the Vietnam Bank for Social Policies, while over 230 others got loans worth 21 billion VND from the Vietnam Bank for Agriculture and Rural Development for production and business.

In the first seven months of 2024, Son La province had 13 main products showing increases in production compared to the same period last year, reported the provincial Statistics Office.

Son La province currently has 154 one commune one product (OCOP) products rated three to five stars.

Since the beginning of this year, trade and services in Moc Chau district have seen good developments, with total retail sales of goods and services in the first six months reaching 2.29 trillion VND, up 11.4% over the same period last year.

With innovations in production and business activities, the Quyet Thanh Agricultural Cooperative is a model in fruit cultivation and processing, enhancing agricultural product value and contributing to the diversification of OCOP (One Commune One Product) products on the plateau.

Son La province is maintaining the operation of 285 safe agricultural and aquatic product supply chains.

Bac Yen district currently has 43 licensed cooperatives, including 31 operating in the agricultural sector and 12 in the fields of industry, services, and construction.

The People's Committee of Mai Son district on July 19 held a conference to evaluate the direction of production, sale and export of agricultural products.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) held a ceremony on July 19 in Son La city to open its Son La provincial branch.

Participating in the "Rural Youth Startup Project" Contest 2024, th Son La provincial Youth Union proposed five projects by local young people to compete at the central level.

Vice Chairman of the provincial People's Committee Nguyen Thanh Cong, who is head of the provincial Steering Committee for production, processing, sale and export of agricultural products (Steering Committee 598), chaired a conference in Song Ma district on July 3 to review the committee’s performance in the first six months of 2024 and launch tasks in the second half.

Since the beginning of 2024, localities in Son La province have focused on protecting raw agricultural product areas, especially the fruit tree area. The work of issuing and maintaining growing area codes to ensure quality and safety to serve processing for factories, domestic and foreign markets continues to receive due attention.

Implementing the project on applying high technology in agriculture and developing organic agriculture, in recent years, Dong Sang commune, Moc Chau district has encouraged organisations and individuals to invest in high-tech and organic agriculture; comply with farming processes, techniques and standards; and gradually change farming habits.

Effectively tapping potential and advantages, in recent years, Van Ho district has implemented many solutions to promote high-tech agriculture and formed many concentrated commodity production areas, creating products with high productivity and quality, contributing to increasing locals’ income.

Since the beginning of this year, Son La province has focused on directing and promoting the development of high-tech agriculture, clean agriculture, and organic agriculture in association with the expansion of raw material areas for processing.

On these days, farmers in Phieng Khoai, Yen Son, Long Phieng, Chieng On communes of Yen Chau district are excited to enter the pear harvest. This year, this fruit continues to have a good harvest and good prices. Along with other fruits such as banana, mango, plum, pear trees have been grown by farmers in mountainous and border communes of Yen Chau district, initially bringing about high economic values.

The province has 83,460 hectares of industrial crops, including 51,455 hectares of annual industrial trees (41,325 hectares of cassava, 10,033 hectares of sugarcane, and 97 hectares of soybeans), down 2.8% year-on-year; and 32,005 hectares of perennial industrial trees (5,857 hectares of tea, 20,926 hectares of coffee, and 5,222 hectares of rubber), up 4.9% year-on-year.