(HBO) – As one of the four local organisations entrusted by the Vietnam Bank for Social Policy (VBSP) in the province, the farmers’ association at all levels in the northwestern mountainous province of Hoa Binh has closely followed the province’s socio-economic development targets.
The association has
worked with the VBSP to instruct its chapters to carry out concerted measures to
promptly hand over the Government’s preferential loans to poor households and
policy beneficiaries, thus improving members’ lives and ensuring social
stability.
With
preferential loans from the VBSP, farmers in Yen Thuong commune in Cao Phong
district develop buffalo and cow breeding to stabilise their lives.
As of the end of
September, outstanding debts in
social policy credit programmes for poor households and policy beneficiaries
managed by the farmers’ association stood at 807.78 billion VND (34.77 million USD).
The loans were provided for 27,062 families, with overdue debts hitting
771 million VND. The association accounts for the largest share of loans among
four entrusted organisations.
Therefore, the preferential credit programmes have timely supported poor
and near-poor households and other policy beneficiaries, helping farmers to
overcome difficulties and enrich themselves./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
