(HBO) – As of September 30, the branch of the Vietnam Bank for Social Policies (VBSP) in Hoa Binh province had disbursed more than 3,400 loans worth 212.3 billion VND (over 8.5 million USD) for socio-economic recovery and development under the Government’s Resolution 11/NQ-CP.
In particular, the lending programme for job creation,
maintenance, and expanson saw 100 billion VND (fulfilling the target) disbursed
for more than 2,000 borrowers, and the lending programme for social housing
over 101 billion VND for 309 borrowers. About 9.8 billion VND (nearly 90% of
the target) was lent out to more than 1,000 disadvantaged students to buy
computers and other devices for online learning. A total of 1.24 billion VND
was also allocated for 15 non-public kindergartens and primary schools affected
by the COVID-19 pandemic.
However, funding hasn’t been disbursed for the
national target programme on socio-economic development in ethnic minority and
mountainous areas. The borrowing demand under this programme is 153.2 billion
VND.
The VBSP branch said the credit programmes under
the Government’s Resolution 11/NQ-CP have been carried out effectively, adding
that they are meaningful to helping with social security and socio-economic
recovery and development after the pandemic./.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
