(HBO) - According to the Vietnam Bank for Social Policies (VBSP)’s branch in Hoa Binh province, in the past nine months, the lending programme for clean water supply and environmental sanitation in rural areas is among those with highest capital disbursement with 150.5 billion VND (about 6 million USD) worth of loans to over 7,800 households. To date, the total outstanding lending of this credit programme has topped 619 billion VND, ranking fourth among credit programmes that the branch is implementing.
According to the branch, the demand for loans for rural clean water supply and environmental sanitation in the province has been high in recent years, thus, this is one of the programmes that are prioritised for implementation. The capital has been disbursed to the beneficiaries in a timely manner over the past nine months. Accordingly, over 7,800 clean water supply projects and over 7,500 sanitation works have been built in the locality, contributing to improving the quality of life of people in rural areas and speeding up the implementation of the environmental criterion in the new-style rural building programme./.
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.
