(HBO) - As one of four local organisations in charge of credit loans from the Vietnam Bank for Social Policies (VBSP), the Hoa Binh farmers’ associations have closely followed the provincial socio-economic goals and worked with the bank in directing its chapters at all levels to implement measures to help poor families access the preferential loans.
From the VBSP’s preferential
loans, farmers in Yen Thuong commune, Cao Phong district, have invested in
buffalo and cow breeding to stabilise their lives.
As of the end of September, the total outstanding credit
managed by the association amounted to 807.7 billion VND (34.7 million USD),
with the number of borrowers reaching 27,062 and the amount of overdue debts
hitting 771 million VND.
As a result, needy residents have promptly enjoyed
preferential credit policies to overcome poverty./.
Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.
Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.
Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.