(HBO) - Total capital that banks and credit institutions had by January 31 increased 1 percent from that of late 2019, according to Hoa Binh province’s State Treasury.
Vietnam Bank for Investment and
Development – Hoa Binh province branch meets demand on capital for
socio-economic development in the locality.
Of the total, amounts
mobilised from economic institutions and local people were up 1 percent
compared that on December 31, 2019, meeting 78.4 percent of loans. Bank deposits
from locals made up 81.2 percent of these amounts.
As of the end of
January, total outstanding balance in the province increased by 1.2 percent
year-on-year to nearly 23 trillion VND. Banks and credit institutions lent 14.1
trillion VND for agricultural and rural development purposes, accounting for
61.4 percent of the total. Loans worth 4.64 trillion VND were provided for small-
and medium-sized enterprises, 40 billion VND for exporters, and 22 billion VND
for those operating in the support industry./.
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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