(HBO) - According to the provincial branch of the State Bank of Vietnam (SBV), the total capital of banks and credit institutions in Hoa Binh topped 42 trillion VND (1.78 billion USD) as of May 31 this year, an increase of 5.6% from December 31 last year. Of the sum, the money mobilised from economic organisations and individuals approximated 31.4 trillion VND.
Transactions at BIDV Hoa Binh which works to meet
demand for loans serving locals’ business and production activities.
The local debts as of May 31 amounted to over 34.7 trillion
VND, an increase of 2% compared to the end of 2022. Short-term and long-term
debts, meanwhile, accounted for 44.3% and 55.7% of the total debt,
respectively.
Statistics from the SBV’s provincial branch show that
outstanding loans in priority sectors such as agriculture and rural areas; and
to support small- and medium-sized enterprises were close to 17.1 trillion VND,
and more than 7.64 trillion VND, accounting for 49% and 22% of the total debt.
Interest rates for deposits with terms of less than one
month ranged from 0.1 - 0.5% per year, while those with a term from one to less
than six months, from 4.6 - 5.5% per year in commercial banks and from 3.5 to
5.6% per year in people's credit funds./.
With an allocation of 44 billion VND (1.72 million USD) under the national target programme on socio-economic development in the ethnic minority-inhabited and mountainous areas for the 2021-2025 period, Hoa Binh city has invested in the target areas, creating many changes in the living conditions of local ethnic minority communities.
The social security system at all levels in Hoa Binh province has been making concerted efforts to ensure benefits of citizens and workers when they participate in social insurance and health insurance.
With the motto "for the interests of the union members and employees”, in 2024, Tan Lac District’sLabor Federation has implemented many activities towards the grassroots. They have been paying attention and protecting the legitimate and the legal rights of the union members, employees, the civil servants, and laborers, which has been contributing to motivating and encouraging the spirit of the union members and the laborers to enthusiastically compete in labor production, actively contributing to the development of the agencies, units and enterprises.
On December 23, the Department of Education and Training held a meeting to encourage the selected team participating in the national high school excellent student competition for the school year of 2024-2025. There was the attendance of Mr. Nguyen Van Chuong, the Vice Chairman of the Provincial People's Committee.