(HBO) - As one of four local organisations in charge of credit loans from the Vietnam Bank for Social Policies (VBSP), the Hoa Binh farmers’ associations have closely followed the provincial socio-economic goals and worked with the bank in directing its chapters at all levels to implement measures to help poor families access the preferential loans.
From the VBSP’s preferential
loans, farmers in Yen Thuong commune, Cao Phong district, have invested in
buffalo and cow breeding to stabilise their lives.
As of the end of September, the total outstanding credit
managed by the association amounted to 807.7 billion VND (34.7 million USD),
with the number of borrowers reaching 27,062 and the amount of overdue debts
hitting 771 million VND.
As a result, needy residents have promptly enjoyed
preferential credit policies to overcome poverty./.
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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