Accompanying ethnic minority youth in starting a business

Not choosing to leave their homeland, many young ethnic minority people in the Land of the Ancestors have confidently stayed and determined to get rich in their homeland, which is still full of hardships. Although the process of starting a business has encountered many difficulties and challenges, the Youth Union members always take that as motivation to overcome with their youth, the spirit of daring to think, daring to do, and being ready to innovate.

Ethnic minority youth union members who successfully started businesses were honored by the Provincial Youth Union at the Festival to introduce and promote agricultural products associated with local tourism.

Typical examples of overcoming difficulties

Through the introduction of the Secretary of the Yen Lap District Youth Union, we visited the comprehensive farm of Mr. Nguyen Van Thoai's family in Tam Buoi area, Dong Thinh commune, Yen Lap district. The farm is more than 6 hectares of lush green with red-fleshed dragon fruit gardens, Dien grapefruit, green-skinned grapefruit, oranges, Thai jackfruit, and a pond raising snails and commercial fish, which is a testament to the tireless efforts and diligence of the young man from Muong.

After graduating from Hung Vuong University, Mr. Thoai returned to his hometown to realize his dream of starting a business and getting rich on the land he had cherished since he was a student. The capital of 50 million VND with the support of the Dong Thinh Commune Youth Union, borrowed from the District Social Policy Bank (CSXH) was the motivation for him to start building the model from the first seedlings.

Starting with 200 Dien grapefruit trees, green-skinned grapefruit trees, 100 red-fleshed dragon fruit trees, intercropping more than 200 Thai jackfruit and orange trees, 4 hectares of acacia trees to increase income, by 2017, Mr. Thoai started to renovate the swamp area to raise nearly 0.3 hectares of snails, 0.36 hectares of commercial fish. With his hard-working and diligent nature, he both works and learns from experience, up to now, Mr. Thoai's farm has brought a stable income for his family from 200 - 250 million VND/year.

Leaving Dong Thinh commune, we visited the fashion business model of Ms. Dinh Hong Nhung, in Vuon 1 area, Lai Dong commune, Tan Son district. Ms. Nhung is one of the "Gen Z" ethnic minority youth who successfully started a business, and is also a dynamic and enthusiastic Secretary of the Youth Union, with many contributions to the activities of the Youth Union and the youth and children's movement in the district. Realizing the increasing demand for fashion and beauty of the people, in 2019, Ms. Nhung started importing and selling goods on social networking platforms Tiktok and Facebook with an initial capital of 50 million VND borrowed from the district's Social Policy Bank through the support of the Lai Dong Commune Youth Union.

By 2022, when she had enough capital and experience, Ms. Nhung rented a space and opened a store in Lai Dong commune, Tan Son district with a diverse source of goods, designs that were constantly updated for all audiences, from students to office workers. In addition, she still maintained sales through livestream sessions on social networking platforms, attracting thousands of views, many items were consumed well. With guaranteed quality and diverse designs, the Hong Nhung fashion store owned by her has a stable number of customers, earning an income of over 200 million VND/year.

“The fact that I was able to borrow capital from the District Social Policy Bank was a practical “support” from the Youth Union when I was still facing many difficulties when I first started my business. In the future, I will continue to research the market and expand the scale of the store to further improve economic efficiency,” said Ms. Nhung.

The path of starting a business and getting rich on the homeland of ethnic minority youths like Mr. Thoai and Ms. Nhung has demonstrated the spirit of daring to think, daring to do, and the will to rise up of the youth, contributing to affirming the position and role of the youth, especially the youth in ethnic minority and mountainous areas with many difficulties.

The comprehensive farm model of Mr. Nguyen Van Thoai in Tam Buoi area, Dong Thinh commune, Yen Lap district is highly economically efficient.

Startup "fueling" group

Mr. Nguyen Van Thoai and Ms. Dinh Hong Nhung are 2 of 15 ethnic minority youths who were recognized and awarded in the program "Festival to introduce and promote agricultural products associated with local tourism and commend and reward ethnic minority youth who successfully started businesses; typical volunteer clubs, teams, and groups in 2024" organized by the Provincial Youth Union and the Provincial Youth Union Committee. They are all owners of effective economic models with creative and innovative ways in production development, bringing high economic efficiency.

The festival displayed and introduced 20 booths of agricultural products and local specialties from businesses and cooperatives... Among them, there are many businesses and cooperatives owned by ethnic minority youth with key products and OCOP products of the province such as: Tan Son salted chicken, Long Coc tea, Ga Gay sticky rice, Tinh Nhue honey...

At the same time, the Provincial Youth Union has built a fanpage "Dat To Youth Booth" to introduce and promote the province's products that have been certified as OCOP products and start-up products of the Youth Union. Although it has just been put into operation, the fanpage currently has over 1,000 followers and many shares and positive comments about the products. The construction of the fanpage "Dat To Youth Booth" has caught up with the trend of applying digital transformation in all areas of life, contributing to promoting the development of the digital economy, helping to improve the production and business efficiency of units, enterprises, and cooperatives producing OCOP products in the province.

In the first 6 months of 2024, the Youth Union and Association at all levels in the province organized communication, consultation, orientation, and job introduction for over 17,000 young union members. Effectively deploying the loan capital from the National Employment Fund of the Central Ho Chi Minh Communist Youth Union (capital source 120), by the end of June 2024, Phu Tho Provincial Youth Union managed 34 loan projects with a total outstanding debt of over 3.2 billion VND. By the end of June 2024, the Provincial Social Policy Bank signed contracts with Youth Union organizations at all levels to entrust loans with a total outstanding debt of over 1,327 billion VND for 24,440 borrowers.

With the support loan capital from the Youth Union, many ethnic minority youth union members have boldly built and expanded production and business models, creating jobs for many local workers. On average, each year, about 5,000 ethnic minority youth union members are consulted, oriented, and introduced to jobs by the media, and more than 800 ethnic minority youths are given loans from the entrusted loan capital from the Provincial Social Policy Bank...

To "fuel" the entrepreneurial journey of ethnic minority youth, the Youth Union and Association at all levels in the province have implemented many programs and activities such as: Promoting propaganda and encouraging young people to start businesses; coordinating orientation and vocational training associated with supporting the transfer of scientific and technological knowledge; supporting information, knowledge and entrepreneurial skills. Coordinating with agencies, departments and branches to advise the Provincial Party Committee and the Central Youth Union to develop flexible mechanisms and policies to support young people to start businesses and establish businesses; increasing support for young people to borrow capital for economic development; organizing festivals and competitions on startups; praising and rewarding successful examples of ethnic minority youth starting businesses...

Comrade Nguyen Van Ky - Deputy Secretary of the Provincial Youth Union, Vice Chairman of the Provincial Vietnam Youth Union said: The start-up movement has spread among the Youth Union members, more and more examples of young people daring to think, daring to do and getting rich right in their homeland appear. To encourage start-up activities in general, start-up activities among ethnic minority youth in particular, in the coming time, the Provincial Youth Union will continue to propagate, arouse, and encourage young people to be aware of self-reliance and career building, focusing on starting a business in their hometown, at the same time connecting organizations and businesses to support economic models owned by young people, implementing mechanisms and policies on supporting young people to start a business, preferential loans for young people to do business.

Ha Trang

Source: https://baophutho.vn/dong-hanh-voi-thanh-nien-dan-toc-thieu-so-khoi-nghiep-221328.htm