(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.
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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./.
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.
