(HBO) – Da Bac district has carried out 14 preferential credit programmes with total outstanding loans of more than 350 billion VND (15 million USD). As many as 9,634 clients were provided with the loans.
The
quality of credit has been improved, and overdue loans account for only 0.06 percent
of the total outstanding loans.
Since the outset of the year, over 80 billion VND worth of loans was provided
for 2,174 customers, according to the transaction office of the Vietnam Bank
for Social Policies’ chapter in Da Bac district. The office has recovered over
50 billion VND in debt, and cleared bad debts worth 60 million VND.
The district is now having 243 savings and lending groups with 9,532 members. Each
commune has an average of 12 groups and 40 members.
In the past years, the Vietnam Bank for Social Policies have accompanied local
farmers, helping them enhance incomes and improve livelihoods. The preferential
loans have made significant contributions to carrying out the national target
on sustainable poverty alleviation and ensuring social welfare in the
district./.
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.
