(HBO) - Total capital that banks and credit institutions had by January 31 increased 1 percent from that of late 2019, according to Hoa Binh province’s State Treasury.
Vietnam Bank for Investment and
Development – Hoa Binh province branch meets demand on capital for
socio-economic development in the locality.
Of the total, amounts
mobilised from economic institutions and local people were up 1 percent
compared that on December 31, 2019, meeting 78.4 percent of loans. Bank deposits
from locals made up 81.2 percent of these amounts.
As of the end of
January, total outstanding balance in the province increased by 1.2 percent
year-on-year to nearly 23 trillion VND. Banks and credit institutions lent 14.1
trillion VND for agricultural and rural development purposes, accounting for
61.4 percent of the total. Loans worth 4.64 trillion VND were provided for small-
and medium-sized enterprises, 40 billion VND for exporters, and 22 billion VND
for those operating in the support industry./.
Administrative reform has been identified as a key priority in enhancing state governance, improving the business environment, and facilitating services for citizens and enterprises.
The Standing Board of the Hoa Binh provincial Party Committee met on March 18 to review and guide major investment projects aimed at boosting local socio-economic development.
The air is thick with the hum of drills and the clatter of machinery as the Hoa Binh – Moc Chau expressway takes shape amid the rugged terrain. Welding sparks illuminate the faces of workers, and concrete mixers churn relentlessly, laying fresh pavement on the newly-carved road. The construction site buzzes with a palpable sense of urgency, particularly in Hoa Binh province where the expressway's future is being forged.
The northern province of Hoa Binh, with over 467,000 hectares of natural forest and more than 100,000 hectares of production forest, holds significant potential for carbon credit market development.
Replacing substandard houses with more sturdy ones by June 30 is the direction given by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, at a meeting held in early March by the provincial Steering Committee for the programme to eliminate temporary and dilapidated houses for the needy.
Recognising digital transformation as an inevitable trend, authorities and agencies in Hoa Binh have made great efforts in the work by focusing on three core pillars - digital government, digital society, and digital economy, resulting in enhanced competitiveness, improved investment climate, and ensured economic and social welfare.
