(HBO) - As of June 30, the total credit of institutions of the north-western province of Hoa Binh neared 21.26 trillion VND (909.7 million USD), increasing 5 percent year-on-year.
Of the figure, around 16.38 trillion VND
were mobilised from economic establishments and local people, a rise of 6.5
percent compared to the amount at end of last year.
Credit mobilised in over 12 months stood at
6.93 trillion VND, accounting for 33 percent of the total figure.
In the period, loans provided by the
province reached nearly 22 trillion VND, up 5 percent from the end of last year.
Of this, loans for prioritised sectors hit 18.19 trillion VND, while the figure
in credit programmes at the province’s branch of the Bank for Social Policies
stood at 3.09 trillion VND.
Hoa Binh’s bad debts were 594 billion VND,
or 2.7 percent of the total loans.
Credit institutions have carried out legal
documents related to currency, credit and interest which were issued by the
State and the State Bank of Vietnam.
They also stepped up credit work, sought measures to boost investment and
improved credit quality management and loans for programmes of priority.
Besides, measures to extend and adjust
debts’ due dates to ease economic difficulties for businesses and families were
strengthened.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
