Trung Thanh commune has positively changed from preferential capital

2/25/2019 - 3:03:23 PM

(HBO) - Recently, the credit activities of the policy have timely supported the ethnic minorities in Trung Thanh commune (Da Bac) to get loans and support the production. This is really one of the bridges to help people get loans for hunger eradication and poverty alleviation. As a result, people's life has been improved, contributing to the implementation of the programme for sustainable poverty alleviation.

Through the loans from the Social Policy Bank, people in Trung Thanh commune (Da Bac) have invested in growing tea to develop their family economy.

Mr. Ha Van Quay’s family in Ha hamlet has borrowed the capital from the Social Policy Bank of the district to invest in building houses, growing tea and developing livestock. Mr. Quay says "The capital from the Social Policy Bank is very useful for the people. However, if the loans can be extended to many people with larger amounts, people will have more money for production and further economic development ".

Currently, in Trung Thanh commune there are nine saving and borrowing groups with 476 households, who are allowed to get loans from nine preferential credit programs of the Social Policy Bank with the total loan balance is over 14.6 billion VND. The program for the poor households and the ones with a poverty threshold has a higher debt. Thanks to the credit capital, the households have developed animal husbandry, cultivation, construction of clean water and rural environmental sanitation projects and building and repairing new houses.

The capital from the Social Policy Bank has supported the farmers develop production, eradicate hunger, alleviate poverty and raise income, helping many households escape poverty. However, the people’s demand is increasingly growing while the maximum loan amount is currently 50 million VND. The desire of the people is to borrow a greater maximum amount of money to invest in developing production and business, increasing income and gradually escaping poverty.

Mr. Luong Van Duong, the vice chairman of Trung Thanh Commune People's Committee says that being a particularly difficult commune, hunger eradication and poverty alleviation is a difficult task. Thanks to the preferential credit, the poverty rate of the households in commune is reduced by 5-6% annually. By the end of 2018, the commune has had 229 poor households, accounting for 45.89%, down 6% compared to those of 2017. The capita income per person reached 16 million VND a year.

Six-month industrial production index estimated to rise 20%

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.

Exports exceeded 1.1 billion USD in 6 months

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 effectiveness of professional models of association and group in Tan Lac district

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.

Building the brand of Muong village clean food

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.

Hoa Binh ethnic farmers join forces through collective economic models

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 farming area codes: Key to bringing Hoa Binh farm produce to global market

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.