(HBO) - Realising the Prime Minister’s Decision No. 28/2015/QD-TTg on regulations on credit for households who have just escaped from poverty, the Hoa Binh chapter o the Vietnam Bank of Social Policies (VBSP) has coordinated with the local administration to implement the policy for the benefit of the local community.
In May, the bank
lent loans worth 5.96 billion VND (256,280 USD), pushing the total figure since
the beginning of the year to over 46.32 billion VND (1.99 million USD) to 1,218
households who received 35 million VND (1,505 USD) each on average.
Since the
beginning of this year, the bank collected over 18 billion VND (774,000 USD) of
loans.
Total outstanding
balance of the programme to offer loans for households that newly escaping from
poverty has so far reached nearly 202 billion VND (8.68 million USD) on 5,672
customers.
Surveys show
that the recipients have effectively used the capital, mostly in production and
business operations.
Currently, the
Hoa Binh chapter of the VBSP has enhanced communications, while giving advice
to the People’s Committees at all levels to review and supplement the list of
households managing to escape from poverty, thus laying a foundation for the
bank to provide loans.
Alongside, the
bank has created optimal conditions for the households to access concessional
capital to invest in production, thus stabilize their life and getting rid of
poverty in a sustainable manner.-VNA
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
