(HBO) - Statistics from the Vietnam Bank for Social Policies (VBSP)'s branch in Hoa Binh province showed that as of October 31, the total policy credit balance in the locality reached over 3.57 trillion VND.
The bank has been deploying 11 policy credit programmes for poor and near poor households, and other policy beneficiaries. In the first ten months of 2021, more than 30,000 customers had got access to loans with a total value of over 1.1 trillion VND.
The outstanding loan growth mainly focused on lending programmes for business households in difficult areas (269 billion VND), near-poor households (202 billion VND), households newly escaped from poverty (185 billion VND), and poor households (176 billion VND).
In addition, the bank has also had a loan programme worth 3.2 billion VND for employers to help them pay wages to their labourers that have to stop working due to the COVID-19 pandemic, and restore their production activities.
In the context of complicated developments of the COVID-19 pandemic, policy credit programmes in Hoa Binh have contributed to ensuring social security, promoting sustainable poverty reduction and new-style rural construction in the locality.
In the first ten months of 2021, policy credit programmes helped generate jobs for over 3,500 labourers, and develop nearly 16,000 clean water and sanitation projects./.
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.
