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According to the Tan Lac District’s Branch of the Vietnam Bank for Social Policies (VBSP), in January 2025, the bank disbursed nearly 18 billion VND to more than 300 poor households and policy beneficiaries. Notably, the employment solution loan program had the highest disbursement, with over 5.1 billion VND, helping 81 employees access the capital to create jobs and develop their economies.
The employment loan helps the residents in Hong Duong area, Man Đuc town (Tan Lac), invest in better care for their pomelo orchards.
By the end of January 2025, the total outstanding loan balance of the employment solution program in the district reached over 77 billion VND, with 1,806 customers still having outstanding loans. This is an important resource, contributing to creating stable jobs, increasing income, and improving the lives of the people.
In recent years, the employment solution loan program of VBSP of Tan Lac District has supported many households to escape poverty and sustainably develop their economy. Currently, the demand for loans continues to rise. The VBSP branch of Tan Lac District is trying to mobilize various funding sources to meet the legitimate needs of the people, helping to expand production, and business and stabilize livelihoods.
No success is easy, especially for a mountainous province like Hoa Binh, which still faces many difficulties. In the process of economic restructuring, the locality encounters various challenges, ranging from weak infrastructure, ineffective investment attraction, to barriers in awareness. However, it has taken effective solutions to overcome obstacles hindering economic development.
A revolution is unfolding in Hoa Binh province, with broad roads stretching across the terrain, industrial zones humming with machinery, organic vegetable fields rolling out in vibrant green expanses, and tourism destinations emerging, rich with cultural identity.
The Youth Union of Hoa Binh city has launched a series of initiatives to foster entrepreneurship, providing members with opportunities to showcase their potential and contribute to local development.
In recent years, the cooperative economy in Hoa Binh province has made significant progress, particularly in the agricultural sector. This development has contributed not only to local economic growth but also to improving livelihoods, promoting rural development, and protecting the environment.
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