(HBO) - According to the report of the provincial branch of Bank for Social Policies (VBSP), implementing the credit program on the socio-economic recovery and development according to Resolution No. 11/NQ-CP, dated on January 30, 2022 of the Government, the whole branch has lent 3,161 loans with an amount of nearly 177.5 billion VND, completing 70% of the plan by the end of July 31, 2022,.
Implementing the loan program
for the economic recovery and development in accordance with Resolution No.
11/NQ-CP of the Government, the provincial branch of VBSP has disbursed over
177 billion VND by the end of July 2022.
In which, the loan program
supporting the job creation, job maintenance and expansion has disbursed 100
billion VND with over 2 thousand loans; the loan program for the social housing
has disbursed over 66.8 billion dongs with 159 loans; over 9.5 billion VND has
been disbursed for the students with difficult circumstances to buy computers;
they have allowed 13 non-public preschools and primary schools affected by
Covid-19 to get loans of over 1 billion VND.
According to the provincial
VBSP, the branch has reviewed the demand for the loan program for the economic
recovery and development, with a new loan demand of 145.9 billion dongs
recently. In which, the program for the social housing loan has the greatest
demand, with 137 billion VND. Currently, the whole branch continues focusing on
implementing the loan programs in accordance with Resolution No. 11/NQ-CP of
the Government to ensure the timely and right beneficiaries.
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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