(HBO) – The State Bank of Vietnam (SBV)’s branch in Hoa Binh province (SBV Hoa Binh) has proactively implemented measures to remove difficulties facing its individual and corporate clients who are affected by the COVID-19 pandemic.
have body temperature checked at the transaction office of the Bank for
Investment and Development of Vietnam (BIDV) in Tran Hung Dao street (Hoa Binh
According to reports from credit institutions operating in the locality, as of
March 15, as many as 166 borrowers in Hoa Binh were impacted by the COVID-19 outbreak,
with a total debt of over 552 billion VND. Of which, short-term outstanding
loans, medium and long-term outstanding loans, and overdue accumulated interest
valued at over 190.5 billion VND, nearly 362 billion VND and over 4.76 billion
Under the direction by the central bank’s provincial branch, credit
institutions have taken many measures to support their clients, including cutting
interest rates, providing new loans to clients and rescheduling debt repayment to
suit the actual condition and ability of each borrower.
Accordingly, a total interest of 26.52 million VND for combined loans of 9.38 billion
VND will be reduced for four borrowers. Meanwhile, six new borrowers will be
given new loans worth 34.4 billion VND, and three others will be allowed to postpone repayment of their existing loans totaling3.3 billion VND.
Vice Director of SBV Hoa Binh Ngo Quang Loi said the entire banking system in
the locality needs to coordinate with the local authorities to implement the
work well, thus helping enterprises and individuals overcome difficulties,
and contributing to promoting economic
growth and controlling inflation.
According to Loi,
credit institutions should actively monitor business and production of
enterprises operating in the province, timely make reports on impacts caused by
the Covid-19 outbreak on borrowers, and implement measures to support and
remove difficulties facing those affected by the pandemic, such as rescheduling
repayment, lowering interest rates and fees, and keeping debt groups unchanged
in line with the sector’s regulations.
He stressed the
necessary for credit institutions to work with communication agencies to
popularize support measures of the banking sector, and actively coordinate with
the local authorities, and relevant departments and sectors to swiftly give
support to those impacted by the pandemic.
Attention should be also paid to addressing issues arising in implementing
solutions to support enterprises and people, and preventing the abuse of the disease
to avoid the repayment for credits that are not subject to assistance, he
(HBO) – According to the Hoa Binh People’s Committee, the COVID-19 pandemic is affecting trade exchanges between Vietnam and China in the first six months of 2020 as well as the supply of materials for production.
(HBO) - Right from the first months of this year with the complicated situation of Covid-19 epidemic, the Party Committee and the authority of Hop Tien commune (Kim Boi) have had a lot of guidelines and policies to support Thuong Tien Cooperative of Agriculture and Service, improving the quality of the product of honey to participate in the OCOP Program in 2020. Thuong Tien Cooperative of Agriculture and Service has mobilized every resource to invest in machines, to advertise and to consume products.
(HBO) - The agricultural sector of Hoa Binh province has made great efforts during 2015-2020 to overcome challenges and basically complete tasks set in the Resolution of the 6th congress of the Party organisation at the provincial Department of Agriculture and Rural Development.
(HBO) – Hoa Binh province has a special geographical location as it is the northwestern gateway to Hanoi and linked with the capital city via Hoa Lac – Hoa Binh Road and National Highway 6. In the future, it will connect with northwestern provinces via a system of modern expressways. The synchronous investment in transport infrastructure and provincial leaders’ wisdom and dynamism will create a solid foundation for Hoa Binh to make breakthroughs in socio-economic development and investment attraction in the time to come.
(HBO) – With great determination, tenacious efforts and innovative mind, Hoa Binh province has reaped significant results in implementing the national target programme on building new-style rural areas in the 2010-20, despite unfavourable start.
(HBO) - Hoa Binh province is currently home to 11 trade villages and traditional trade villages recognised by the provincial People’s Committee.