According to the provincial branch of the Vietnam Bank for Social Policies (VBSP), in January 2025, the entire branch disbursed loans under 11 key policy credit programs. The loan disbursement amounted to 204.1 billion VND, benefiting 3,369 poor households and other policy beneficiaries. Among this, over 16 billion VND was disbursed to the poor households, more than 17 billion VND to near-poor households, and over 14.6 billion VND to households that have recently escaped poverty. The program with the highest disbursement was the employment solution program, with nearly 29 billion VND loaned to 1,271 customers.
Since the beginning of the year, more than 3,300 poor households and other policy beneficiaries in the province have accessed preferential loans. The photo was taken in Tu Ne commune (Tan Lac).
By the end of January 2025, the total outstanding balance of policy credit in the province reached 5,415.5 billion VND, with 130,787 customers still having outstanding loans. Since the beginning of the year, through policy credit loans, 1,212 employees have been provided with employment, 655 clean water projects, and 552 household-scale sanitation projects have been built. These efforts have played a significant role in ensuring the social security in the province.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
