(HBO) -Statistics from State Bank of Vietnam - Hoa Binh province branch showed that as of June 30, the total capital mobilised by credit institutions in the locality reached 26.9 trillion VND, up 2.5 percent compared to that at the end of 2019.
BIDV – Hoa Binh branch well conducts capital
mobilisation, thus meeting demand for loans in service of socio-economic
development.
Of the total, the capital mobilised from
economic organisations and local residents surpassed 19.4 trillion VND, up 7.8
percent.
Although the COVID-19 pandemic is having
huge impact on production and business activities, total credit balance reached
23.3 trillion VND, up 1.5 percent against that on December 31, 2019. Of the total,
policy credit balance was 3.18 trillion VND, accounting for 14 percent. Bad
debts of local credit institutions were valued at 184 billion USD, or 0.81
percent of of total credit balance./.
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.
