(HBO) - According to the Vietnam Bank for Social Policies (VBSP)’s branch in Hoa Binh province, in the past nine months, the lending programme for clean water supply and environmental sanitation in rural areas is among those with highest capital disbursement with 150.5 billion VND (about 6 million USD) worth of loans to over 7,800 households. To date, the total outstanding lending of this credit programme has topped 619 billion VND, ranking fourth among credit programmes that the branch is implementing.
According to the branch, the demand for loans for rural clean water supply and environmental sanitation in the province has been high in recent years, thus, this is one of the programmes that are prioritised for implementation. The capital has been disbursed to the beneficiaries in a timely manner over the past nine months. Accordingly, over 7,800 clean water supply projects and over 7,500 sanitation works have been built in the locality, contributing to improving the quality of life of people in rural areas and speeding up the implementation of the environmental criterion in the new-style rural building programme./.
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.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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