Implementing the loan program for production and business households in difficult areas according to Decision No. 31/2007/QD-TTg of the Prime Minister, from the beginning of the year until now, Hoa Binh provincial Bank for Social Policies branch has disbursed 92.7 billion VND to 1,953 households. Up to now, the total outstanding debt of this credit program has reached more than 685 billion VND with more than 17.2 thousand customers with outstanding debt.
Households in Bai Trang hamlet, Dong Lai commune (Tan Lac district) borrowed capital from production and business households in difficult areas to grow grapefruit.
This is one of the four programs with the highest outstanding debt among the credit programs that the Provincial Bank for Social Policies Branch is managing. Through this credit program, tens thousands of production and business households in difficult areas have invested capital to expand production, improve economic efficiency and improve income.
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.
