(HBO) - Preferential credit policy has accompanied poor and policy beneficiaries households in Hoa Binh, a mountainous province with many difficulties, for decades. It has become an important driving force to help the poor gradually overcome challenges, making steady progress in poverty reduction and hunger eradication.
Photo: Thanks to social policy loans, the
family of Bui Thi Hoa, residing in Kho hamlet, Chi Dao commune (Lac Son
district) has invested in animal husbandry and escape poverty.
Chi Dao is a remote commune of Lac Son district where people's living
conditions are facing difficulty. Poor and near-poor households account for
over 40 percent of the commune's population.
Quach Cong Thai, Chairman of the commune People's Committee, emphasised that
social policy loan is one of the most important driving forces in the commune's
hunger eradication and poverty reduction.
In recent years, thanks to access to social policy loans, many poor, near-poor
households and social beneficiary policy families have raised buffaloes and
cows, pigs and chickens, and growing doi (Talauma), also known asMichelia
Tonkinensis,for economic development and increase their income.
Up to now, the total outstanding loans under social policy credit programmes in
the commune has reached over 11 billion VND with over 500 households receiving
loans. According to the chairman of the commune People's Committee, as many
people lost their jobs due to the COVID-19 pandemic, the timely disbursement of
policy capital has helped reduce difficulties for them.
Not only people in Chi Dao commune but also those in other localities have
benefit from social policy loans.
The COVID-19 pandemic has affected all aspects of people’s social life over the
past two years, however, the Vietnam Bank for Social Policies’ branch in Hoa
Binh province has strived to mobilise sources and provide loans for poor
households and other policy beneficiaries.
Nguyen Minh Hung, Director of the branch said the total outstanding loan
balance from policy credit programmes in the province has surpassed 3.5
trillion VND (over 153.8 million USD), with over 123,000 needy households as
borrowers.
From the beginning of the year until now, the loan turnover has reached over
896 billion VND, helping over 25,000 customers access loans for production,
business, and social security.
Through preferential credit policy, nearly 2,000 workers got jobs and over
12,000 clean water and environmental sanitation works were constructed. As many
as 19 houses were built, 39 workers were able to go abroad for working, and 31
students and students in difficult circumstances could continue study thanks to
such loans.
Social policy loans have continued to make practical contributions to
sustainable poverty reduction, acting as a driving force to accelerate the
progress of the new-style rural development programme as well as to limit shark
loans in the province./.
In late March, 29 labourers from Da Bac district were sent to work as seasonal farm workers in Buyeo county, Chungcheongnam province, the Republic of Korea (RoK). Upon arrival, they quickly settled into their jobs, enjoying good working conditions and benefits, with wages aligned with the terms of their signed contracts. The programme is now being expanded, with relevant departments and sectors actively seeking additional seasonal employment opportunities in various localities across the RoK.
Luong Son Industrial Park has invested in standardised wastewater and emissions treatment systems, enforced tight emission controls, reduced noise, dust, and solid waste, and expanded green spaces, contributing to protecting the environment and promoting sustainable development.
Hoa Binh police are collecting public feedback on amendments to the 2013 Constitution via the national identification app VNeID. This innovative approach marks a giant leap towards modernising grassroots democracy and enhancing transparency in public consultation.
A total public investment capital of 113 billion VND (over 4.3 million USD) was disbursed for a project to upgrade infrastructure and stabilise residents in the vicinity of the Da River reservoir between 2021 and the first quarter of 2025, giving a facelift to local rural areas and improving the quality of people's life.
Since the end of 2023-2024 academic year, Cu Yen Primary and Secondary School in Luong Son district has deployed e-study records for all of its 500 primary students, said the school principal Nguyen Thi Tuyen.
The Labour Federation of Hoa Binh city has actively worked to protect the rights and welfare of nearly 8,000 local workers and union members at 152 grassroots unions. Through regular dialogues, education campaigns, and welfare programmes, the federation has helped foster stable, progressive labour relations.
