According to the SBV Hoa Binh branch, the affected customers are in the fields of transport, catering, karaoke and accommodation service supply, and trading (import and export, automobile, spare parts, and retail).

As of early June, 2020, the province had 1,383 affected customers with total loans of over 3.22 trillion VND. In order to give timely support to them, the SBV Hoa Binh branch has directed banks and credit institutions to promptly implement measures to remove obstacles facing the influenced customers.

The credit institutions have rolled out specific measures such as adjusting payment time, reducing and exempting interest and fees, maintaining major debts under regulations stated in Circular No. 01 issued on March 13, 2020 by the SBV and the regulations of the headquarters to ease difficulties for them in line with the real situation of each customer.

Accordingly, the banks have erased 428 million VND as interest from an amount of 68.68 billion VND of loans for 22 customers. The debt structure on 1.543 trillion VND of 869 customers has been maintained, and nearly 60 billion VND of new loans given to nearly 150 customers.

For the Vietnam Bank for Social Policies in provinces, 115 customers were affected. Payment date for a 1.35 billion VND of loans has been extended. The bank has extended the payment date for 37 borrowers with a total amount of nearly 1.4 billion VND. Meanwhile, interest rateshave been reduced by 0.5-2 percent per year for borrowers affected by COVID-19.

In the future, the SBV Hoa Binh branch will continue keeping a close eye on the implementation of measures to support customers and businesses, while preventing those who take advantage of the support policies.

Meanwhile, the bank will continue taking urgent measures designed by the banking sector to enhance the effective of efforts to ease difficulties caused by the COVID-19 pandemic, while cooperating with departments and sectors to evaluate the impact of the pandemic so as to give timely support measures, helping businesses, especially small- and medium-sized enterprises and those in priority sectors access assistance from banks. At the same time, banks and credit institutions will also be supervised to make sure they strictly implement regulations related to depositsand saving interests./.

Related Topics

Public investment fuels infrastructure breakthroughs in Hoa Binh's transformation journey

Public investment paves way for breakthrough development in Hoa Binh

Hoa Binh tourism is estimated to welcome over 3 million visitors

Total policy credit outstanding balance reaches over 5,670 billion VND

---

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.