(HBO) - According to the report of the provincial branch of Bank for Social Policies (VBSP), implementing the credit program on the socio-economic recovery and development according to Resolution No. 11/NQ-CP, dated on January 30, 2022 of the Government, the whole branch has lent 3,161 loans with an amount of nearly 177.5 billion VND, completing 70% of the plan by the end of July 31, 2022,.
Implementing the loan program
for the economic recovery and development in accordance with Resolution No.
11/NQ-CP of the Government, the provincial branch of VBSP has disbursed over
177 billion VND by the end of July 2022.
In which, the loan program
supporting the job creation, job maintenance and expansion has disbursed 100
billion VND with over 2 thousand loans; the loan program for the social housing
has disbursed over 66.8 billion dongs with 159 loans; over 9.5 billion VND has
been disbursed for the students with difficult circumstances to buy computers;
they have allowed 13 non-public preschools and primary schools affected by
Covid-19 to get loans of over 1 billion VND.
According to the provincial
VBSP, the branch has reviewed the demand for the loan program for the economic
recovery and development, with a new loan demand of 145.9 billion dongs
recently. In which, the program for the social housing loan has the greatest
demand, with 137 billion VND. Currently, the whole branch continues focusing on
implementing the loan programs in accordance with Resolution No. 11/NQ-CP of
the Government to ensure the timely and right beneficiaries.
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.
