(HBO) – The Hoa Binh branch of the Vietnam Bank for Social Policies (VBSP) said its total outstanding concessional loans for low-income households in the province had reached 856.5 billion VND (36.6 million USD), with more than 20,600 borrowers in debt, by the end of June. This is the programme with the biggest outstanding loans among the preferential credit programmes the branch is implementing.
So far this year, more than 5,000 households in Hoa
Binh province have accessed loans from the bank’s credit programme for the poor
to improve livelihoods. Photo taken in Bao La commune of Mai Chau district.
In the first half of 2022, the programme
provided 248.7 billion VND in concessional loans for over 5,000 low-income
households. Besides, debt recovery has also been stepped up, with over 140
billion VND collected.
The VBSP branch said borrowers have used loans
properly and effectively. Amid the COVID-19 pandemic’s impacts, preferential
loans have continued assisting poor households to develop livelihoods, thereby
helping guarantee local social security./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
