(HBO) - According to the State Bank's provincial branch, the total debit balance of banks and credit organizations in the area reached nearly VND 21,000 billion, rising by 1.2% in comparison with this at the end of 2018. Of which, short-term debit balance was VND 8,467 billion, accounting for 40.4% of total debit balance; medium and long-term debit balance was VND 12,499 billion, accounting for 59.6% of the total.
In
terms of debit balance for credit programs: Agricultural and rural loans were
VND 12,949 billion, accounting for 61.8% of total debit balance; loans ato
support small and medium enterprises reached VND 4,287 billion, accounting for
20.4% of total debit balance; industrial loans supporting was VND 22 billion
and export loans was VND 22 billion. Particularly, outstanding loans to
preferential subjects and social policies reached VND 2,917 billion, accounting
for 13.9% of total debit balance.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
