Photo: Bui Van Cuu, Vice Chairman of the provincial People’s Committee and head of the representative board of the provincial Bank for Social Policies, presents certificates of merit to excellent individuals.

Bui Quang Vinh, Deputy General Director of the Vietnam Bank for Social Policies, hands over certificates of merit to typical individuals.

After 15 years of carrying out the preferential credit policy, the provincial Bank for Social Policies has deployed 15 credit programmes with total outstanding debts of nearly 2.7 trillion VND and overdue debts of 3.5 billion VND, accounting for 0.13 percent of total outstanding debts. In the past 15 years, more than 426,000 impoverished households and policy beneficiaries have been provided with loans by the bank. These loans have helped over 90,000 families get out of poverty (poverty rate dropping by 3 percent on average annually), create jobs for 73,000 labourers and support the poor in building 19,000 houses as well as 90,000 clean water and environmental sanitation works.

 
Nearly 1,000 labourers were provided with soft loans to work abroad. Some 35,000 disadvantaged students were enabled to go to school thanks to the loans, while more than 8,000 ethnic minority households were assisted in production and business activities.

During 2017-2020, the province has set a target of providing vital products and services of the Bank for Social Policies for all of poor people and policy beneficiaries.

Secretary of the provincial Party Committee Bui Van Tinh stressed that the credit programme has affirmed its role in the province’s socio-economic development, ensuring social security and implementing the national target programme on sustainable poverty reduction and new style rural area building.

Tinh hoped that in the coming time, the Vietnam Bank for Social Policies will provide more funds for the poor to step up production, making contributions to effectively implementing Instruction No. 40-CT/TW of the Party Central Committee’s Secretariat on enhancing the Party’s leadership in social policy credit programmes and promoting communication works for credit activities to ensure sufficient capital for the beneficiaries.

Related Topics

Hoa Binh launches action month for food safety

Prime Minister meets Hoa Binh province’s leaders

Watermelon cultivation helps local residents in Mai Ha commune escape poverty

PAPI results show Hoa Binh’s efforts in implementing policies, public services

---

Phu Cuong commune strengthens administrative reform to win locals’ confidence

With the motto of "polite, dedicated, professional, and lawful,” over the years, Phu Cuong commune in Tan Lac district has gradually improved the quality of processing administrative procedures, winning high satisfaction from local people and businesses.

Concerted efforts to build Muong land

Stretching over 300 meters, valued at hundreds of million dong and built to the new-style rural standards, a concrete road in De hamlet, Bac Phong commune, Cao Phong district, was completed by the end of 2023 thanks to the collective contributions of armed forces at provincial and district levels coupled with the active participation of military units stationed throughout the district.

Lac Thuy district strengthens provision of online public services

Over the years, the People’s Committee of Lac Thuy district has issued many plans and programmes to speed up the administrative reform, aiming to better serve local people and businesses.

Kim Boi district focuses on planning work

Kim Boi district is drafting 23 planning projects which are expected to help boost the local socio-economic development, attract investors, and mobilise resources for development, said Vice chairman of the district People’s Committee Tran Tuan Son. They include the one on Bo urban area development until 2045, 20 zoning, and 12 on rural residential areas in communes.

Focusing resources on building new rural areas

This year, Hoa Binh province strives to have eight communes recognised as meeting new-style rural area standards and five communes satisfying exemplary new-style rural area standards. Since the beginning of the year, the provincial People's Committee has drastically directed the implementation of the national target programme on new-style rural area building to fulfil the set target.

Cao Phong district achieves positive socio-economic development results

Cao Phong district achieved positive socio-economic development results last year as drastic comprehensive measures were implemented with high determination of its whole political system, said the Secretary of the district Party Committee Ha Van Di.