(HBO) - According to a report of the provincial branch of Vietmam Bank for Social Policies (VBSP), the total outstanding loan for the poor household in the province has reached VND 875.5 billion by the end of January 2023.
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The preferential loans have
helped the poor households in De hamlet, Bac Phong commune (Cao Phong) to invest
in livestock has gradually overcome the difficulties.
This is the program with the
largest credit scale among the credit programs that VBSP has been implementing.
In January 2023, there are 234 poor households allowing to get loans from this
credit program, and the loan turnover has reached over 11.5 billion VND. Up to
now, in the province there are over 20.4 thousand customers with the
outstanding loans.
According to the assessment of
the provincial branch of VBSP, the preferential loans from VBSP have helped the
poor households in the province invest in the economic development and improve
their quality of life in recent years. In 2022, there were over 6.2 thousand
turns of the poor households receiving the preferential loans. Along with other
credit programs, VBSP is lending to the poor households, which is an important
source of capital to achieve the goal of the sustainable poverty reduction,
ensuring the social security and building the new rural areas in the province.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.