(HBO) - Total capital that banks and credit institutions had by January 31 increased 1 percent from that of late 2019, according to Hoa Binh province’s State Treasury.
Vietnam Bank for Investment and
Development – Hoa Binh province branch meets demand on capital for
socio-economic development in the locality.
Of the total, amounts
mobilised from economic institutions and local people were up 1 percent
compared that on December 31, 2019, meeting 78.4 percent of loans. Bank deposits
from locals made up 81.2 percent of these amounts.
As of the end of
January, total outstanding balance in the province increased by 1.2 percent
year-on-year to nearly 23 trillion VND. Banks and credit institutions lent 14.1
trillion VND for agricultural and rural development purposes, accounting for
61.4 percent of the total. Loans worth 4.64 trillion VND were provided for small-
and medium-sized enterprises, 40 billion VND for exporters, and 22 billion VND
for those operating in the support industry./.
In Hoa Binh province, 11 traditional craft villages with more than 400 small-scaled production households have put in place a clean and green production model, establishing new standards for sustainable development. Waste collection sites and wastewater treatment facilities have been meticulously managed by local residents.
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.