(HBO) - According to the transaction office in Cao Phong district of the bank for social policies, total outstanding loans provided for policy beneficiaries in the locality reached nearly 311.8 billion VND as of the end of June 2021, equivalent to 100 percent of the target set for the year, and up 20.5 billion VND from the figure reported in the end of 2020.
During
the period, growth was seen in a number of credit programmes, including loans
for near-poor households (up 4.6 billion VND), loans for building
water,sanitationandhygiene facilities (up 7.9 billion VND),
loans for business households in difficult areas (up 9.7 billion VND), and
creating jobs (up 1.3 billion VND).
Meanwhile, credit programmes reported decreases
in outstanding loans include those providing housing support for poor
households (down 1.6 billion VND), loans to ethnic minority households (down
1.4 billion VND).
During the period, as many as 2,417 poor
households, near-poor households and other policy beneficiaries in Cao Phong
district accessed socialpolicyloanstotaling 80 billion VND
with each household averagely receiving 33 million VND.
Loans was disbursed swiftly, helping 1,180 poor
and near-poor households, and those in disadvantaged areas further invest in
production and business, and contributing to constructing over 2,100 clean
water and environmental hygiene projects for rural households./.
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.
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 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.
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.
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 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.
