(HBO) - According to the transaction office in Cao Phong district of the bank for social policies, total outstanding loans provided for policy beneficiaries in the locality reached nearly 311.8 billion VND as of the end of June 2021, equivalent to 100 percent of the target set for the year, and up 20.5 billion VND from the figure reported in the end of 2020.
During
the period, growth was seen in a number of credit programmes, including loans
for near-poor households (up 4.6 billion VND), loans for building
water,sanitationandhygiene facilities (up 7.9 billion VND),
loans for business households in difficult areas (up 9.7 billion VND), and
creating jobs (up 1.3 billion VND).
Meanwhile, credit programmes reported decreases
in outstanding loans include those providing housing support for poor
households (down 1.6 billion VND), loans to ethnic minority households (down
1.4 billion VND).
During the period, as many as 2,417 poor
households, near-poor households and other policy beneficiaries in Cao Phong
district accessed socialpolicyloanstotaling 80 billion VND
with each household averagely receiving 33 million VND.
Loans was disbursed swiftly, helping 1,180 poor
and near-poor households, and those in disadvantaged areas further invest in
production and business, and contributing to constructing over 2,100 clean
water and environmental hygiene projects for rural households./.
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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