(HBO) - The Representative Committee of the Board of Directors of the Hoa Binh branch of the Vietnam Bank for Social Policies (VBSP) held a conference to review its performance in 2018 and implemented tasks for 2019. Bui Van Cuu, Vice Chairman of the provincial People's Committee, and head of the representative committee attended and directed the conference.
Leaders of VBSP’s Hoa Binh branch present
awards to four collectives with outstanding achievements in mobilising capital
in 2018.
In 2018, under the direction of the
Representative Committee of the Board of Directors, the VBSP’s Hoa Binh
branch implemented well capital mobilization and lending to poor households and
other policy beneficiaries. During the year, total lending in the whole
province reached 1.01 trillion VND, while total debt payment was 784 billion
VND.
As of December 31, 2018, total outstanding
loans under policy credit programmes were 2.93 trillion VND, reaching 99.93
percent of the plan, and increasing 227.16 billion VND year on year. There were
139,136 customers holding loans. A number of credit programmes registered high
credit growth including those designed for poor households, households living
close to poverty line and having just escaped from poverty, business households
in difficult areas, as well as programmes on clean water and rural sanitation,
housing for poor households and households from ethnic minority groups under
Decision 2085, and employment.
Overdue debts in the whole province were 4.13
billion VND, accounting for 0.14% of the total outstanding loans. As many as
119 communes, wards and towns had no overdue debt, while on-time debt payment
reached 89 percent. With the current credit policies, 99.8 percent of credit is
entrusted through four socio-political organisations.
Participants noted that the preferential
lending activities of VBSP has helped 38,700 poor households and welfare policy
beneficiaries develop their economic production and improve their living
conditions, while creating new jobs for 3,063 labourers, providing loans to 207
students with disadvantaged background to continue studying, building and
repairing 9,820 clean water supply works and 9,485 sanitation facilities in
rural areas, along with 1,054 new houses for poor households.
On this occasion, VBSP’s Hoa Binh branch
presented reward to the representative committees of VBSP’s Board of Directors
in four districts for their outstanding performance in mobilizing capital
resources. As many as 119 communal People's Committees were also awarded for
not having overdue debts in 2018./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
