Banks in Hoa Binh province have proactively grasped local people and businesses' demand for cash to ensure sufficient supply in various denominations during the Lunar New Year (Tet) holiday.
Employees at VPBank Song Da guide customers to use self-service options, ensuring smooth transactions for customers as Tet approaches.
Since the beginning of January, there has been a significant surge in demand for small currency exchange for payment, consumption, and Tet lucky money, among others at the local Agribank branch, compared to normal days. In addition to securing cash reserves, the branch has developed plans and proposed full cash supply to meet the needs of individuals and businesses.
In recent times, commercial banks in the province have encouraged customers to use electronic banking services in line with the government's directive on cashless transactions. However, as Tet nears, the demand for small currency exchange from the public remains high.
Tran Thi Huong Giang, Director of VPBank Song Da, said that based on customers’ needs, the branch has proactively implemented measures to regulate cash supply and allocate human resources to ensure smooth and convenient transactions.
At this time, the demand for cash exchange, especially for small denominations, at VietinBank Hoa Binh has also increased.
It is noted that the State Bank of Vietnam has issued a circular on ensuring the safety of banking activities during the Tet holiday.
Accordingly, its branch in Hoa Binh has directed local credit institutions to effectively organise the regulation, circulation, and supply of cash, ensure security and safety of cash reserves, and step up crime prevention efforts.
A leader of the branch said it has ensured timely and sufficient cash supply in various denominations to meet the needs of credit institutions for payment, salary disbursement, and goods trading during the Tet holiday and of locals for daily expenditures.
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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