(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./.
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.
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