(HBO) - According to a report of the Provincial Bank for Social Policies, in the first 2 months of the year, the branch has made loans to 10 programs of the policy credit, the lending sales reached 216.6 billion VND, more than 5.6 thousands of the poor households and those who are under the preferential policies have been eligible for loans.

In the first two months of the
year, the policy capital was promptly transmitted to the poor households and
those who are under the preferential policies. Photo: the credit officer of
VBSP in Mai Chau district are dealing with customers.
The credit programs with high
loan turnover such as: the poor households (63.5 billion VND), the near-poor
households (more than 39 billion VND), the job creation (more than 31.6 billion
VND), the production households, the business households in the difficult areas
(more than 30 billion dongs), clean water and rural sanitation (more than 29
billion dongs). Up to now, the total credit debt in the province has reached
more than 3,673 billion VND, having 119,868 customers in debt.
In the context that Covid-19
pandemics continues to develop complicatedly, affecting all aspects of the
social life, the policy capital has contributed to ensuring the social
security. In the first 2 months of the year, through the policy capital, 872
workers were created jobs, 16 workers received loans to work abroad, over 3,000
projects of the rural clean water and sanitation were built.
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.