Effective use of concessional loans from the Vietnam Bank for Social Policies (VBSP) has been seen as a "key” for poor households and policy beneficiaries in the mountainous district of Da Bac to improve income and better the quality of life towards sustainable poverty reduction.
An
official from the Vietnam Bank for Social Policies’ Da Bac district branch
studies capital demand from a Da Bac local.
As the only impoverished district of Hoa Binh
province, Da Bac has a great demand for this kind of loans. Over the past
years, Da Bac is one of the localities with the highest amount of outstanding
debt.
To date, total outstanding credit in the
district has topped 546 billion VND (22.58 million USD), with nearly 14,000
customers. During January – October, 1,896 impoverished households and policy
beneficiaries got access to some 75.5 billion VND in preferential loans, helping
them develop business models to get out of poverty.
With 56.7 billion VND of concessional loans
granted to more than 1,000 households, Tu Ly is the commune with the largest
amount of outstanding credit in Da Bac district. From the outset of the year, 240 households in
the commune have been able to take out loans from the VBSP.
According to an official from the communal
People’s Committee, the loans have an important role to play in alleviating
poverty and building new-style rural areas. Meanwhile, Vice Chairman of the People’s
Committee of Hien Luong commune Xa Van Hoe described them as a locomotive for
the residents to improve income, and help the commune meet the advanced
standards of the new-style rural area building.
Xa Van Huy in Doi hamlet invested 100 million
VND that he took from the bank in tens of fish cages. To date, the fish cage
model has earned his family a stable income.
Statistics from Hien Luong commune showed that
total outstanding credit in the commune has neared 22 billion VND so far.
During January – October, the VBSP gave preferential loans to 116 households,
helping generate jobs for 11 labourers and renovate and build 140 clean water
facilities.
Director of the VBSP’s Da Bac district branch
Nguyen Binh Nam said the bank will mobilise more resources to meet the capital
demand of the local residents, contributing to realising the district’s
socio-economic development and poverty reduction targets, and ensuring social
security.
More than just an information technology teacher, Bui Van Nien is an inspiring figure who has nurtured the scientific curiosity and creative spirit of students in Vietnam’s ethnic minority communities.
Da Bac is the most disadvantaged mountainous district in Hoa Binh province, with ethnic minorities accounting for about 90% of its population. Over the past years, the district has mobilised resources to implement ethnic policies to improve the quality of life of local people.
In recent years, Hoa Binh province has consistently prioritised the protection, care, and education of children, particularly those from ethnic minorities and disadvantaged backgrounds, by creating a safe, healthy, and nurturing environment for their all-round development.
The Steering Committee for Tobacco Harm Prevention and Control of Hoa Binh province, in coordination with the Tobacco Harm Prevention and Control Fund, held a ceremony on May 28 in response to the World No Tobacco Day (May 31) and the National No Tobacco Week (from May 25 to 31). The event was chaired by Nguyen Van Toan, Standing Vice Chairman of the provincial People’s Committee and head of the Steering Committee.
Since 2021, the Center for Industrial Promotion and Industrial Development Consulting (CIIDC) under the Department of Industry and Trade has been implementing a school lighting model as part of the plan for using energy efficiently and economically in Hoa Binh Province in the pẻiod of 2021 - 2025. This model not only aims to improve the learning conditions and enhance the education quality, but it also promotes the message of energy saving, energy security, environmental protection and contributes to the goals of socio-economic development.
In the 2024 - 2025 school year, the entire Hoa Binh provincial education sector includes 520 educational institutions and schools. Among them are 13 ethnic boarding schools with 153 classes and 4,487 students. Four of these schools have met national standards, reaching 30.7 percent.
