(HBO) – Loans from the Vietnam Bank for Social Policies’ branch in Mai Chau district have contributed to supporting local poor people and policy beneficiaries to overcome difficulties in the context of the complicated developments of the COVID-19.
Mr. Ha Cong Sinh’s family in Bang
village, Bao La commune of Mai Chau district, has got out of poverty thanks to
using social policy loans in breeding cows.
Over recent years, the Vietnam Bank for Social Policies (VBSP)’s branch in Mai
Chau district has worked hard in mobilising capital to promptly meet the credit
demand of local people, thus helping thousands of households create sustainable
livelihoods.
Mrs. Dinh Thi Dua’s family in Bang hamlet, Bao La commune, was previously a
poor household and met economic difficulties because they had no capital for
production. Her family has escaped from poverty thanks to effectively using
social policy loans in raising buffaloes.
Mr. Ha Cong Sinh's household in the same hamlet also got a loan of 42 million
VND to develop cow husbandry, thanks to which his family’s economy has
gradually stabilised.
Directorof the transaction office of theVBSP in Mai Chau district
Vu Hoai Nam said despite the impact of the COVID-19 pandemic, the bank well
performed tasks and plans set in 2021, with loans provided quickly to those who
needed.
The bank lent 122 billion VND to about 3,400 poor and near-poor households and
other policy beneficiaries, helping them promote economic development and
construct clean water and environmental sanitation works.
In the first two months of this year, the policy credit loans topped 16 billion
VND. The total outstanding loans of credit programmes stood at over 321 billion
VND, up 6.8 billion VND compared to the beginning of the year.
Nam said his agency will focus on lending growth credit sources; and
classifying debts to assess credit quality in the locality in order to have
solutions to irrecoverable debts.
Attention will be also paid to effectively performing the interest rate support
policy to assist people affectedbythe COVID-19pandemic, 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.
