(HBO) – There are 1,153 business establishments subject to security and order conditions in Hoa Binh province. Of them, 106 establishments are pawnshop and 128 others are car and bike-rental service providers and financial consultants that pose potential risks of social disorder and legal violations.


An investigator of Hoa Binh police reads a warrant of individuals who engaged in "black credit” activities in Lac Son district.

"Black credit” refers to a practice of borrowing from individuals at high interest rates agreed on between borrower and lender, without collateral and with only the borrower’s signature. 

Black credits activities in the province are highly sophisticated and complicated, are disguised in various forms, resulting in an increase in crimes like illegal arrest and asset deterioration.

From April 2017 to December 2018, the provincial police received and handled 36 pawn service and "black credit” cases, including four illegal arrests, nine intentionally causing injury cases, one asset extortion case, two asset destruction cases, and eight moral threatening.

Local competent authority commenced criminal procedures against five cases involving 15 people, busted two groups with 12 people for illegally capturing people as part of their foreclosure measures.

According to Lieutenant Colonel Bui Duc Thinh, deputy head of Hoa Binh city police, besides pawnshops, usury activities are now popular at many business establishments that offer bike and car rental services and financial services.

The loan sharks hire a group of ruffians to create pressure on borrowers to pay back the money, affecting the borrowers’ safety. 

Most of the borrowers are those who lead a life of debaucher or are eager for ill-gotten gains by borrowing for lending to enjoy interest rate differences.

Last year, the province had five intentionally causing injury cases and one public order disturbance case./.


 

Related Topics


Hoa Binh enhances awareness of "Safe and happy school" Project

The Department of Education and Training of Hoa Binh province held a conference on March 18 to review the performance of the "Safe and Happy School" Project and set out tasks for 2025. The project, funded by the Taiwan Fund for Children and Families (TFCF), aims to create a safe, inclusive, and supportive learning environment for students. The event saw the attendance of representatives from the TFCF and 26 beneficiary schools.

Industrial zone trade unions enhance support for female workers

With over 70% of their workers being women, trade unions across industrial parks (IPs) in Hoa Binh have been actively safeguarding their legal rights and interests while implementing initiatives to improve their income and well-being.

Provincial General Hospital innovate to better medical check-ups, examination

In recent years, the Hoa Binh provincial General Hospital has continuously innovated itself and improved the quality of medical services to meet the increasing needs of local people. With substantial investments in infrastructure and modern equipment, along with a team of highly qualified doctors and nurses, the hospital has gradually established itself as one of the leading medical units in the Northwestern region and a trusted destination for healthcare for people inside and outside the province.

Le Van Tam Primary School’s programming club shines on national stage

From mastering the fundamentals of programming to achieving national recognition, the Programming Club of the Le Van Tam Primary School (STAR LVT28) in Hoa Binh city has made remarkable strides in the field of robotics.

Hoa Binh youth launch “digital literacy” team

The Ho Chi Minh Communist Youth Union Committee and the Vietnam Youth Federation chapter of Hoa Binh province organised a programme on March 12 to launch the "Digital Literacy" movement and an online quiz on the resolutions of the Vietnam Youth Federation congresses at all levels, as well as the Politburo's Resolution No. 57-NQ/TW on breakthroughs in the development of science, technology, innovation, and national digital transformation.

Sustainable forest development tied to environmental protection

As climate change grows more unpredictable, the development of production forests has become essential - not just for economic growth, but for safeguarding the environment and maintaining ecosystem balance. By boosting local incomes, curbing natural disasters, preventing soil erosion, and protecting water resources, these forests play a crucial role in sustainable development.