(HBO) – As of September 30, the branch of the Vietnam Bank for Social Policies (VBSP) in Hoa Binh province had disbursed more than 3,400 loans worth 212.3 billion VND (over 8.5 million USD) for socio-economic recovery and development under the Government’s Resolution 11/NQ-CP.
In particular, the lending programme for job creation,
maintenance, and expanson saw 100 billion VND (fulfilling the target) disbursed
for more than 2,000 borrowers, and the lending programme for social housing
over 101 billion VND for 309 borrowers. About 9.8 billion VND (nearly 90% of
the target) was lent out to more than 1,000 disadvantaged students to buy
computers and other devices for online learning. A total of 1.24 billion VND
was also allocated for 15 non-public kindergartens and primary schools affected
by the COVID-19 pandemic.
However, funding hasn’t been disbursed for the
national target programme on socio-economic development in ethnic minority and
mountainous areas. The borrowing demand under this programme is 153.2 billion
VND.
The VBSP branch said the credit programmes under
the Government’s Resolution 11/NQ-CP have been carried out effectively, adding
that they are meaningful to helping with social security and socio-economic
recovery and development after the pandemic./.
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.
