(HBO) - Credit institutions in Hoa Binh province has actively implemented legal documents related to currency, credit and interest rate issued by the State and the State Bank to support those affected by the COVID-19 pandemic.
They also promoted the mobilisation of capital, and taken measures to expand
credit investment and strengthen the credit quality management, and priority
loan programmes.
BIDV staff in Phuong Lam branch (Hoa Binh
city) quickly implement transaction procedures for customers.
Banks and credit institutions have also paid attention to implementing solutions
on interest or fee exemptions and reductions for their customers that were
affected by the COVID-19 pandemic.
Accordingly, in the first quarter of 2021, 37 customers enjoyed interest reductions
or exemptions worth over 1 billion VND in total, while 628 others were given
loans totalling over 919 billion VND with preferential interest rate.
The VietnamBank for Social Policies’ chapter in Hoa Binh extendeddebtpayment deadlines for 37 borrowers
with total loans of 1.36 billion
VND, and provided loans worth 367 million VND with
the interest rate of zero percent for employers to pay salary for their employees
who had to stop working./.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.