(HBO) - Realising the Prime Minister’s Decision No. 28/2015/QD-TTg on regulations on credit for households who have just escaped from poverty, the Hoa Binh chapter o the Vietnam Bank of Social Policies (VBSP) has coordinated with the local administration to implement the policy for the benefit of the local community.
In May, the bank
lent loans worth 5.96 billion VND (256,280 USD), pushing the total figure since
the beginning of the year to over 46.32 billion VND (1.99 million USD) to 1,218
households who received 35 million VND (1,505 USD) each on average.
Since the
beginning of this year, the bank collected over 18 billion VND (774,000 USD) of
loans.
Total outstanding
balance of the programme to offer loans for households that newly escaping from
poverty has so far reached nearly 202 billion VND (8.68 million USD) on 5,672
customers.
Surveys show
that the recipients have effectively used the capital, mostly in production and
business operations.
Currently, the
Hoa Binh chapter of the VBSP has enhanced communications, while giving advice
to the People’s Committees at all levels to review and supplement the list of
households managing to escape from poverty, thus laying a foundation for the
bank to provide loans.
Alongside, the
bank has created optimal conditions for the households to access concessional
capital to invest in production, thus stabilize their life and getting rid of
poverty in a sustainable manner.-VNA
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.