(HBO) - The Representative Committee of the Board of Directors of the Hoa Binh branch of the Vietnam Bank for Social Policies (VBSP) held a conference to review its performance in 2018 and implemented tasks for 2019. Bui Van Cuu, Vice Chairman of the provincial People's Committee, and head of the representative committee attended and directed the conference.
Leaders of VBSP’s Hoa Binh branch present
awards to four collectives with outstanding achievements in mobilising capital
in 2018.
In 2018, under the direction of the
Representative Committee of the Board of Directors, the VBSP’s Hoa Binh
branch implemented well capital mobilization and lending to poor households and
other policy beneficiaries. During the year, total lending in the whole
province reached 1.01 trillion VND, while total debt payment was 784 billion
VND.
As of December 31, 2018, total outstanding
loans under policy credit programmes were 2.93 trillion VND, reaching 99.93
percent of the plan, and increasing 227.16 billion VND year on year. There were
139,136 customers holding loans. A number of credit programmes registered high
credit growth including those designed for poor households, households living
close to poverty line and having just escaped from poverty, business households
in difficult areas, as well as programmes on clean water and rural sanitation,
housing for poor households and households from ethnic minority groups under
Decision 2085, and employment.
Overdue debts in the whole province were 4.13
billion VND, accounting for 0.14% of the total outstanding loans. As many as
119 communes, wards and towns had no overdue debt, while on-time debt payment
reached 89 percent. With the current credit policies, 99.8 percent of credit is
entrusted through four socio-political organisations.
Participants noted that the preferential
lending activities of VBSP has helped 38,700 poor households and welfare policy
beneficiaries develop their economic production and improve their living
conditions, while creating new jobs for 3,063 labourers, providing loans to 207
students with disadvantaged background to continue studying, building and
repairing 9,820 clean water supply works and 9,485 sanitation facilities in
rural areas, along with 1,054 new houses for poor households.
On this occasion, VBSP’s Hoa Binh branch
presented reward to the representative committees of VBSP’s Board of Directors
in four districts for their outstanding performance in mobilizing capital
resources. As many as 119 communal People's Committees were also awarded for
not having overdue debts in 2018./.
alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long has met with executives from Japan's Meiko Group to discuss its major investment project in the province.
The implementation of the One Commune One Product (OCOP) programme in Lac Son district has so far resulted in the enhanced values of products involved as well as the expansion of markets and consumption links.
In the evening of November the first, in Lac Son district, the Provincial People's Committee held the opening ceremony of the 2024 Highland Market in Hoa Binh province with the theme "Market – the Beauty of the highlands”. There was the attendance to press the opening button of the Market of Nguyen Phi Long, the alternate Member of the Party Central Committee, the Secretary of the Provincial Party Committee; Mr. Bui Duc Hinh, the Permanent Deputy Secretary of the Provincial Party Committee, the Chairman of the Provincial People's Council, Mr. Bui Van Khanh, the Deputy Secretary of the Provincial Party Committee, the Chairman of the Provincial People's Committee; and the other poeple from the Provincial Party Standing Committee; the leaders from the provincial People’s Committee, Vietnam Fatherland Front, the departments, branches and the People’s Committees of the districts and the city.
Hoa Binh province currently has 158 products granted at least three stars under the "One Commune, One Product” (OCOP) programme, including 114 food products. Among them, there are five aquatic products given four stars. They have gradually won consumers’ trust and created a new livelihood development trend for farmers and businesses in rural areas across the province.
Leveraging the local natural advantages, ethnic minority people in Da Bac district have promoted forest economy development in recent years. This approach not only enhances forest conservation but also boosts residents’ income.
