(HBO) - Since the beginning of this year, Bank for Social Policies, Hoa Binh branch has been allocated the additional credit capital of VND 198 billion for 9 credit programs.
Specifically, the additional capital is
allocated as follows: 30 billion dong for the program of poor households; 35
billion dong for near-poor households; 20 billion dong for poverty-escaped
households; 30 billion dong for the program of rural clean water and
environmental sanitation; one fifty-billion loan for production households and
businesses in disadvantaged areas; a loan of ten billion dong for residential
houses of poor households; a loan of eight billion dong for socio-economic
development assistance in ethnic minority and mountainous areas in the 2017-2020
period; a loan of five billion dong for social houses; a loan of ten billion
dong for afforestation, production and livestock farm.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
.jpg)
