HBO - The credit programme targeting needy households under Decree 78/2002/ND-CP is among major credit programmes and accounts for the biggest proportion of the Viet Nam Bank for Social Policies (VBSP)’s credit structure.

In the past years, this source of preferential loans had reached all villages and hamlets in Hoa Binh province, basically meeting local poor households’ demand for capital. The financial assistance was mostly invested in animal husbandry, afforestation, and citrus fruit cultivation, helping improve the group’s livelihoods and living standards while changing their methods of doing business.

 According to the VBSP, as of the end of February, more than 10.5 billion VND had been lent to 296 customers under the programme, while the bank collected a total debt payment of over 15 billion VND. Outstanding debt balance surpassed 917 billion VND with 31,605 customers.

The programme has so far helped needy households earn better incomes and reduce poverty.


Related Topics


Hoa Binh promotes family values, human standards in new era

The people in Hoa Binh province are aware of the need to build and preserve the cultural traditions and unique customs of their communities, especially those related to ethnic identities and family values which serve as foundation for a vibrant, tradition-rich Hoa Binh, enriching community life. In recent years, the province’s Party Committee, authorities, and residents have paid heed to building and developing family values and fostering human standards in the new era.

Festival of great national solidarity, culture held in Da Bac district

The festival of great national solidarity and culture in 2024 was held at the communal house of Da Bac district on November 5. Vice Chairman of the provincial People’s Committee Nguyen Van Toan and leaders of departments and sectors attended the event.

Da Bac district actively responds to patriotic emulation movements

The Labor Federation of Da Bac district has focused on protecting workers' rights while actively participating in patriotic emulation movements to enhance the creativity and productivity of the local workforces across agencies, organisations and enterprises.

Yen Thuy women have joined hands to protect the environment

In recent years, the Women's Union of Yen Thuy district has actively contributed to the implementation of the National Target Program on building new the rural areas. The Union's activities not only help raise awareness of environmental protection for the members, the women, and the people but they also contribute to improving the appearance of rural areas and improving the quality of life.

Mai Chau district replicates model of intergenerational self-help club

The model of intergenerational self-help club (ISC) has been expanded in Mai Chau district over recent times, contributing to sharing and motivating the disadvantaged people, especially the elderly, to improve their lives.

Hoa Binh workers, officials show active engagement in working movement

Following President Ho Chi Minh’s teachings that emulation is patriotism, patriotism requires emulation, the trade union at all levels in Hoa Binh has effectively implemented patriotism emulation movements, especially the "effective, creative working” movement. Responding to the movement, local workers, public servants, and officials have proposed many creative and applicable ideas, helping spread the movement to all agencies, units, and businesses.