(HBO) – A high-ranking delegation from the World Bank led by Eva Gutierrez has visited and held a working session with the provincial branch of the Vietnam Bank for Social Policies.
The
delegation learns about operation of the branch at Cham Mat ward, Hoa Binh city
At the working session, leader of the
provincial bank welcomed the visit and briefed the guests about the bank’s
operations since 2003, the role and importance of the bank in poverty reduction
and ensuring social welfare in the locality. He introduced the model to help
the poor stabilise lives and escape poverty sustainably, contributing to the
province’s poverty reduction effort.
The bank is offering 18 credit programmes, including loans for poor households
and those recently escape poverty, students living in need, and water supply
and environment hygiene in rural areas.
As of the late September, non-performing loans hit over 2.9 trillion VND, or
99.7 percent of the 2018 plan with 105,756 clients in debt status. Credit
quality was improved. The rate of debt reclamation reached over 90 percent
while overdue debts surpassed 3.324 trillion VND, or 0.11 percent of the total.
Up to 121 wards, communes and towns recorded no overdue debts, accounting for
57.6 percent of the total. Generally, loans were used effectively and to the
right purpose.
Gutierrez, head of the delegation, thanked the General Director of the branch
for his reception, giving the WB an insight into the bank’s role in effectively
carrying out loan programmes for the poor and policy beneficiaries in
Vietnam./.
The Government Office has just issued Notice No. 179/TB-VPCP, dated April 23, 2024, on the conclusions of Prime Minister Pham Minh Chinh at his meeting with the Standing Board of the Hoa Binh provincial Party Committee on April 13.
Cao Phong district has witnessed signs of economic improvement over the recent past thanks to efforts by local authorities to promote agricultural, industrial, and handicraft development.
On April 26th, the Steering Committee for completing the standards to establish Luong Son town of the province held a conference to evaluate the progress of implementing the standards to establish Luong Son town. Mr. Nguyen Van Toan, the Vice Chairman of the Provincial People's Committee, the Head of the Steering Committee chaired the conference.
On the occasion of the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024), Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, and other officials of the province and Lac Son district on April 25 visited and presented gifts to local soldiers and pioneering youths who directly engaged in the Dien Bien Phu Campaign.
A delegation from the Fund for Natural Disaster Prevention and Control and the Hero of the People’s Armed Forces Phan Trong Binh Social Work Fund on April 22 had a working session with leaders of Hoa Binh province.
The Hoa Binh Food Safety Sub-Department – the standing agency of the provincial Steering Committee for Food Safety on April 15 launched the action month for food safety in the province in 2024.