According to the provincial branch of the Vietnam Bank for Social Policies (VBSP), in January 2025, the entire branch disbursed loans under 11 key policy credit programs. The loan disbursement amounted to 204.1 billion VND, benefiting 3,369 poor households and other policy beneficiaries. Among this, over 16 billion VND was disbursed to the poor households, more than 17 billion VND to near-poor households, and over 14.6 billion VND to households that have recently escaped poverty. The program with the highest disbursement was the employment solution program, with nearly 29 billion VND loaned to 1,271 customers.
Since the beginning of the year, more than 3,300 poor households and other policy beneficiaries in the province have accessed preferential loans. The photo was taken in Tu Ne commune (Tan Lac).
By the end of January 2025, the total outstanding balance of policy credit in the province reached 5,415.5 billion VND, with 130,787 customers still having outstanding loans. Since the beginning of the year, through policy credit loans, 1,212 employees have been provided with employment, 655 clean water projects, and 552 household-scale sanitation projects have been built. These efforts have played a significant role in ensuring the social security in the province.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
