(HBO) – A high-ranking delegation from the World Bank led by Eva Gutierrez has visited and held a working session with the provincial branch of the Vietnam Bank for Social Policies.
The
delegation learns about operation of the branch at Cham Mat ward, Hoa Binh city
At the working session, leader of the
provincial bank welcomed the visit and briefed the guests about the bank’s
operations since 2003, the role and importance of the bank in poverty reduction
and ensuring social welfare in the locality. He introduced the model to help
the poor stabilise lives and escape poverty sustainably, contributing to the
province’s poverty reduction effort.
The bank is offering 18 credit programmes, including loans for poor households
and those recently escape poverty, students living in need, and water supply
and environment hygiene in rural areas.
As of the late September, non-performing loans hit over 2.9 trillion VND, or
99.7 percent of the 2018 plan with 105,756 clients in debt status. Credit
quality was improved. The rate of debt reclamation reached over 90 percent
while overdue debts surpassed 3.324 trillion VND, or 0.11 percent of the total.
Up to 121 wards, communes and towns recorded no overdue debts, accounting for
57.6 percent of the total. Generally, loans were used effectively and to the
right purpose.
Gutierrez, head of the delegation, thanked the General Director of the branch
for his reception, giving the WB an insight into the bank’s role in effectively
carrying out loan programmes for the poor and policy beneficiaries in
Vietnam./.
Over recent years, the Farmers' Union of Mai Chau district has implemented numerous specific programmes and activities to support its members in developing products under the One Commune One (OCOP) programme. These efforts have contributed to enhancing local agricultural branding, increasing goods value, and improving incomes and living standards for residents.
Since 2022, the Hoa Binh Department of Education and Training has provided advice for the provincial People's Committee to issue Plan No. 219/KH-UBND on November 17, 2022, which outlines the implementation of a project titled "Enhancing the application of Information Technology (IT) and Digital Transformation in Education and Training for the 2022–2025 period, with a vision to 2030.” As of now, the local education sector has made significant progress in IT adoption and digital transformation.
Hoa Binh allocated over 30 trillion VND (nearly 1.18 billion USD) to develop infrastructure systems in ethnic minority and mountainous areas during 2019 - 2024. Priority was given to transport and irrigation infrastructure; markets; schools; medical stations; communal houses; and power grid, telecommunication, radio, and television systems.
The Hoa Binh provincial organising committee for anniversary activities on December 17 held a ceremony to unveil a ceramic mural on the local military-civilian ties and release a book on the Party and political work of the provincial armed forces during 1947 – 2024, in commemoration of the 80th anniversary of the Vietnam People’s Army (VPA) and 35th anniversary of the All-People Defence Festival.
In recent years, Hoa Binh has allocated significant resources to foster cooperative economy, helping ethnic minorities capitalise on their potential and advantages to escape poverty.
As a mountainous district still facing numerous challenges, Da Bac has made notable progress in advancing administrative reforms across various areas. The district has prioritised reorganising and streamlining its administrative apparatus, operating "one-stop-shop” units, and applying information technology (IT) in the handling of administrative procedures. Efforts have also been directed toward upgrading infrastructure and equipment to enhance service quality for residents and businesses.
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