(HBO) – The State Bank of Vietnam (SBV)’s branch in Hoa Binh province has issued a plan to promote payments for public services via banks.
Agribank’s Song Da branch
(Hoa Binh city) provides consultancy for customers about online payments of
tax, electricity and water bills.
In Hoa Binh province, cashless payments are
mainly applied at local trade centres and via automatic debit, transactions at
ATM, POS, internet banking, mobile banking, and e-wallet. Customers could pay
electricity and water bills at some supermarkets and trade centres as well as
buy products through the Internet.
The SBV branch in the province is stepping
payments for public services via banks. This is one of the key solutions to
improve the local business environment and competitiveness in 2020 with
orientations to 2021.
It is also building a plan under which
commercial banks are requested to push ahead with administrative reforms and
make it easier for businesses and local residents to get access to banking
services. Organisations and individuals are expected to change their habit of
paying in cash.
The SBV branch hopes to increase the
transparency of payment activities in the economy and personal incomes in society,
as well as contribute to the prevention of corruption, negative phenomena and
economic crime.
Commercial banks in the province have
coordinated with relevant units to provide public services to achieve specific
goals. For example, 100 percent of schools, education facilities, hospitals,
medical centres, and general clinics will accept tuition and hospital fee
payments via banks. All electricity and water suppliers will allow households
and individuals to pay bills through banks.
The province also aims to promote e-payment in
e-commerce, introduce payment forms via banks for supermarkets, restaurants,
shopping centres, and distribution facilities./.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
