(HBO) - In 2023, the Vietnam Bank for Social Policies has assigned its branch in Hoa Binh to increase outstanding loans for credit programmes under the Government’s Resolution No. 11/NQ-CP by 53 billion VND.
Of the sum, 28 billion VND is for social housing
and 25 billion VND will be used to support housing, career change and value
chain in accordance with Decree No. 28/2022/ND-CP.
Since the beginning of this year, the provincial
branch has accelerated the disbursement of the credit programmes under
Resolution No. 11/NQ-CP.
As of March 31, the total outstanding loans
reached 277.3 billion VND (11.79 million USD), covering job creation,
maintenance and expansion (150 billion VND), social housing (112 billion VND),
computers and equipment for online learning of students (8.8 billion VND),
non-public preschools and primary schools (800 million VND), and the
implementation of the national target programme on socio-economic development
in ethnic minority-inhabited and mountainous regions (5.6 billion VND).
The timely implementation of the credit
programmes has contributed significantly to local socio-economic recovery and
development./.
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.
