(HBO) – The Representative Committee of the Board of Directors of the Vietnam Bank of Social Policy (VBSP) branch in Lac Son district held a conference to review credit activities in 2018 and launch tasks for 2019.
In 2018, outstanding loans under the branch’s 15
credit programmes in the district totalled 388.13 billion VND (16.73 million
USD), up 25.43 billion VND from the start of the year.

Leaders
of the VBSP provincial chapter present reward to 12 communes posting no overdue
debts in 2018.
The bank had a total of 18,115 customers in
the district, who were members of 492 saving and borrowing groups. On average,
each commune or town has 17 operating groups, with an average membership of 37 and
average outstanding loans worth 787 million VND each.
Twelve out of 29 communes and towns in Lac Son,
or 41.38 percent, recorded no overdue debts. As many as 402 groups received good
ratings, while 88 others gained fair ratings and two groups ranked average,
with no underperforming groups.
Social policy credit has provided financial
resources for more than 18,000 households living below or just above the
poverty line along with beneficiaries of the State’s preferential policy to
develop household production or business, thereby creating new jobs and
ensuring social welfare.
At the event, the VBSP branch in Lac Son
district outlined nine key tasks for 2019.
On the occasion, the bank’s provincial branch presented
rewards to 12 communes recording no overdue debts in 2018. Meanwhile, the
People’s Committee of the district handed over rewards to 11 collectives and 13
individuals with outstanding performance in social policy credit in 2018./.
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To make it easier for the residents to handle administrative procedures, Yen Bong Commune (Lac Thuy District) has identified the administrative reform as one of its key tasks. By implementing a range of synchronized solutions, the commune has seen the positive changes in the administrative reform, meeting the needs of its people.
Mai Chau district has firmly established itself as a standout destination on Vietnam’s tourism map, attracting both domestic and international visitors with its breathtaking landscapes, rich ethnic culture, and warm hospitality. However, beyond its natural and cultural charm, a secure and well-managed tourism environment has added to Mai Chau’s appeal.
As Vietnam enters a new phase of economic and administrative reform in 2025, Hoa Binh province is stepping up its efforts to streamline governance, boost economic growth, and attract investment.
The Hoa Binh provincial People's Committee held its monthly meeting on March 26 to review the progress of key projects, assess budget revenue and public investment disbursement, provide feedback on draft documents for submission to the provincial Party Committee's Standing Board, and discuss other important matters related to the committee's governance activities.
Playing a key role in Hoa Binh province’s economic development, Luong Son district has been focusing on science and technology development, innovation, and digital transformation.