(HBO) – Over the past years, the credit programme for poor households has significantly contributed to poverty reduction and the implementation of the national target programme on sustainable poverty reduction in the northern mountainous province of Hoa Binh.
With
preferential loans from the Vietnam Bank for Social Policies (VBSP), people in
Toan Son commune, Da Bac district, Hoa Binh province, has invested in cow
breeding.
During
2002-2007, the province gave loans of more than 2.4 trillion VND to 217,370
households, with debt collection at over 1.6 trillion VND and outstanding debt
exceeding 863 billion VND, making up 32.4 percent of total outstanding debt.
At
the end of March 2018, accumulated outstanding debt of the programme was more
than 873 billion VND, with 33,018 households in debt, each with 26 million VND.
To
help eligible people access credit loans, improve the quality of credit loans and
support the poor in the context of reduced management and social costs, the
bank has launched entrusted loans via four social-political organisations.
At
the same time, transaction venues have been set up in 210 wards, communes and
towns, which publicise preferential credit policies and address relevant
procedures. More than 90 percent of transactions of the bank have been handled
at these sites with the same quality as in the headquarters.
Vu
Dinh Hoai, Director of the bank’s provincial chapter, said the programme has
opened up opportunities for poor households to access preferential loans,
meeting their demands for capital for production and education while creating
conditions for them to improve living standards and escape from poverty.
Between
2002-2017, more than 90,000 households in the province escaped from poverty,
and the rate of poor households dropped by 3 percent annually.
It
can be said that the credit programme has created a momentum for the poor
households to develop economy and reduce poverty sustainably, he said.
However,
Hoai added that to make the best use of the loans, the localities should pay
attention to vocational guidance, integrate agricultural and forestry
programmes, encourage people to shift economic structure, effectively utilise
local potential and strength, and accelerate poverty reduction./.
In the afternoon of January 15th, at the Industrial Park of the Left Bank of Da River, the Trade Union of the Provincial Industrial Parks organized the program "Reunion Tet – the Spring Being Grateful to the Party” in 2025.
On January 9th, the Department of Education and Training held a conference to summarize the school year of 2024, reviewing the semester I and deploy tasks for 2025, semester II of the 2024-2025 school year. There was the attendance of Mr. Nguyen Van Chuong, the Vice Chairman of the Provincial People's Committee.
In the spirit of mutual support, charitable groups and donors in and outside Hoa Binh province have come together and joined hands with local authorities and organisations to hold meaningful, humanitarian activities for the poor, vulnerable, and those in need, spreading love and kindness from the "golden hearts" in the community.
The "Volunteer Youth" movement is the pride of Vietnamese youth. Along with the spread of the movement in Hoa Binh province, the volunteer youth movement in Lac Son district has many imprints, creating a vibrant emulation atmosphere for the youth, contributing to building a rich and civilised homeland.
Kim Boi district, a revolutionary land rich in cultural heritage, is "awakening” with major opportunities to become a tourism and eco-urban hub in Hoa Binh province and the region as a whole.
Thanks to the support of local authorities, Hoa Binh’s education system continues to achieve significant progress, contributing to meeting comprehensive reform targets and students' learning needs as well as supplying high-quality human resources for the province.
