(HBO) - Statistics from the Vietnam Bank for Social Policies (VBSP)'s branch in Hoa Binh province showed that as of October 31, the total policy credit balance in the locality reached over 3.57 trillion VND.
The bank has been deploying 11 policy credit programmes for poor and near poor households, and other policy beneficiaries. In the first ten months of 2021, more than 30,000 customers had got access to loans with a total value of over 1.1 trillion VND.
The outstanding loan growth mainly focused on lending programmes for business households in difficult areas (269 billion VND), near-poor households (202 billion VND), households newly escaped from poverty (185 billion VND), and poor households (176 billion VND).
In addition, the bank has also had a loan programme worth 3.2 billion VND for employers to help them pay wages to their labourers that have to stop working due to the COVID-19 pandemic, and restore their production activities.
In the context of complicated developments of the COVID-19 pandemic, policy credit programmes in Hoa Binh have contributed to ensuring social security, promoting sustainable poverty reduction and new-style rural construction in the locality.
In the first ten months of 2021, policy credit programmes helped generate jobs for over 3,500 labourers, and develop nearly 16,000 clean water and sanitation projects./.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
