(HBO) – The State Bank of Vietnam (SBV)’s branch in Hoa Binh province (SBV Hoa Binh) has proactively implemented measures to remove difficulties facing its individual and corporate clients who are affected by the COVID-19 pandemic.
Customers
have body temperature checked at the transaction office of the Bank for
Investment and Development of Vietnam (BIDV) in Tran Hung Dao street (Hoa Binh
city)
According to reports from credit institutions operating in the locality, as of
March 15, as many as 166 borrowers in Hoa Binh were impacted by the COVID-19 outbreak,
with a total debt of over 552 billion VND. Of which, short-term outstanding
loans, medium and long-term outstanding loans, and overdue accumulated interest
valued at over 190.5 billion VND, nearly 362 billion VND and over 4.76 billion
VND, respectively.
Under the direction by the central bank’s provincial branch, credit
institutions have taken many measures to support their clients, including cutting
interest rates, providing new loans to clients and rescheduling debt repayment to
suit the actual condition and ability of each borrower.
Accordingly, a total interest of 26.52 million VND for combined loans of 9.38 billion
VND will be reduced for four borrowers. Meanwhile, six new borrowers will be
given new loans worth 34.4 billion VND, and three others will be allowed to postpone repayment of their existing loans totaling3.3 billion VND.
Vice Director of SBV Hoa Binh Ngo Quang Loi said the entire banking system in
the locality needs to coordinate with the local authorities to implement the
work well, thus helping enterprises and individuals overcome difficulties,
and contributing to promoting economic
growth and controlling inflation.
According to Loi,
credit institutions should actively monitor business and production of
enterprises operating in the province, timely make reports on impacts caused by
the Covid-19 outbreak on borrowers, and implement measures to support and
remove difficulties facing those affected by the pandemic, such as rescheduling
repayment, lowering interest rates and fees, and keeping debt groups unchanged
in line with the sector’s regulations.
He stressed the
necessary for credit institutions to work with communication agencies to
popularize support measures of the banking sector, and actively coordinate with
the local authorities, and relevant departments and sectors to swiftly give
support to those impacted by the pandemic.
Attention should be also paid to addressing issues arising in implementing
solutions to support enterprises and people, and preventing the abuse of the disease
to avoid the repayment for credits that are not subject to assistance, he
added./.
During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.
The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.
The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.
Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.
In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.
An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.
