HBO - The credit programme targeting needy households under Decree 78/2002/ND-CP is among major credit programmes and accounts for the biggest proportion of the Viet Nam Bank for Social Policies (VBSP)’s credit structure.

In the past years, this source of preferential loans had reached all villages and hamlets in Hoa Binh province, basically meeting local poor households’ demand for capital. The financial assistance was mostly invested in animal husbandry, afforestation, and citrus fruit cultivation, helping improve the group’s livelihoods and living standards while changing their methods of doing business.

 According to the VBSP, as of the end of February, more than 10.5 billion VND had been lent to 296 customers under the programme, while the bank collected a total debt payment of over 15 billion VND. Outstanding debt balance surpassed 917 billion VND with 31,605 customers.

The programme has so far helped needy households earn better incomes and reduce poverty.


Related Topics


Woman active in charity work

Nguyen Thi Nu, a resident of Thach Ly sub-area in Da Bac township of Da Bac district, has been popular in the area as a simple woman that is rich in compassion. For nearly 10 years, she has spread her kindness through many charity activities to ease difficulties for the needy.

All-people voluntary blood donation day, April 7th: Donating blood saves lives - giving life

Voluntary blood donation (HMTN) is a noble and humane gesture. 24 years ago, the Prime Minister issued Decision No. 43/2000/QD-TTg on mobilizing and encouraging Voluntary blood donation and designated April 7 every year as "All-People Voluntary blood donation Day”. This is an important milestone in the movement of voluntary blood donation, creating a strong change in the awareness and action at all levels of the government and people from all walks of life.

Yen Thuy working to become new-style rural district

Yen Thuy is aiming to become a new-style rural district by 2025. To achieve this goal, the district has been mobilising the entire political system and local people to early fulfil required criteria.

Hoa Binh man transforms bamboo into “dragons”

From a normal bamboo tree, Nguyen Van Nam in Yen Tri commune, Yen Thuy district has transformed it into a "bamboo dragon". His works have been present in many countries.

The Public Security of Cao Phong District: Launching a model of clever civil mobilization “The Adopted Children of the Communal Police”

On March 27th, the Public Security of Cao Phong District launched the model of clever mobilization "The Adopted Children of the Communal Police” advised and implemented by the Police of the communes and the town in coordination with the Youth Communist Union and the Women’s Union of the District Police.

There are 10 communes meet new rural standards in Tan Lac distict

According to the People's Committee of Tan Lac district, Hoa Binh province, by the end of 2023, Tan Lac district has 10/15 communes that meet new rural standards, with an average of 16 criteria per commune. The entire district has 14 OCOP products, including 13 3-star OCOP products and 1 4-star OCOP product; 18 model residential areas and 57 model gardens were recognized.