(HBO) - According to a report by the transaction office of Lac Son District’s Bank for Social Policies, in the first two months of this year, the sales of policy credit loans in the district reached over 23 billion VND, there were 678 households receiving loans. Up to now, the total credit debt in the district has reached over 470 billion VND, having 18.7 thousand of the customers in debt.
Among the credit programs,
lending to poor households has the highest debt (136 billion VND, having 4,890
customers in debt), followed by lending to near-poor households (131 billion
VND, 4,715 customers in debt), lending production households and the business
ones in the difficult areas (66 billion VND), the households who have just got
out of poverty (nearly 39 billion VND).
Being a district with many
difficulties, the poverty rate is still high, so the policy capital has played
a very important role in the process of hunger eradication and poverty
reduction in Lac Son district in recent years. In the first 2 months of the
year, the District’s Bank for Social Policies has actively implemented the
programs of the policy credit, timely transferring capital to the borrowers.
Accordingly, in the district, 111 workers were created jobs, 129 clean water
and sanitation works were built thanks to policy capital.
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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