(HBO) - Recently, the credit activities of the policy have timely supported the ethnic minorities in Trung Thanh commune (Da Bac) to get loans and support the production. This is really one of the bridges to help people get loans for hunger eradication and poverty alleviation. As a result, people's life has been improved, contributing to the implementation of the programme for sustainable poverty alleviation.

Through the loans from the Social Policy
Bank, people in Trung Thanh commune (Da Bac) have invested in growing tea to
develop their family economy.
Mr. Ha Van Quay’s family in Ha hamlet has
borrowed the capital from the Social Policy Bank of the district to invest in
building houses, growing tea and developing livestock. Mr. Quay says "The
capital from the Social Policy Bank is very useful for the people. However, if
the loans can be extended to many people with larger amounts, people will have
more money for production and further economic development ".
Currently, in Trung Thanh commune there are
nine saving and borrowing groups with 476 households, who are allowed to get
loans from nine preferential credit programs of the Social Policy Bank with the
total loan balance is over 14.6 billion VND. The program for the poor households and the ones with a poverty threshold
has a higher debt. Thanks to the credit capital, the households have developed
animal husbandry, cultivation, construction of clean water and rural
environmental sanitation projects and building and repairing new houses.
The capital from the Social Policy Bank has
supported the farmers develop production, eradicate hunger, alleviate poverty
and raise income, helping many households escape poverty. However, the people’s
demand is increasingly growing while the maximum loan amount is currently 50
million VND. The desire of the people is to borrow a greater maximum amount of
money to invest in developing production and business, increasing income and
gradually escaping poverty.
Mr. Luong Van Duong, the vice chairman of
Trung Thanh Commune People's Committee says that being a particularly difficult
commune, hunger eradication and poverty alleviation is a difficult task. Thanks
to the preferential credit, the poverty rate of the households in commune is
reduced by 5-6% annually. By the end of 2018, the commune has had 229 poor
households, accounting for 45.89%, down 6% compared to those of 2017. The
capita income per person reached 16 million VND a year.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.