(HBO) - The branch of the Bank for Social Policy in Mai Chau district reported that in the first eight months of 2021, it provided loans worth over 107 billion VND to 3,082 customers in the district. Since the beginning of the year, loans under social policies have been promptly provided to poor households and other eligible customers in 16 communes and towns in the district. Communes with high lending turnover are Tan Thanh (14.8 billion VND), Son Thuy (nearly 12 billion VND), Bao La (11.5 billion VND).
In the first eight months of the year, credit for clean water and environmental sanitation recorded high growth in Mai Chau district. Photo taken in Tong hamlet, Tong Dau commune.
In the period, the bank's Mai Chau branch implemented 9 credit programmes, focusing on those with high demands from locals such as loans for families in difficult areas to start business or production (40.7 billion VND), families under the poverty line (16.6 billion VND), families just above the poverty line (18.9 billion VND), clean water and environmental sanitation (17.4 billion VND). Up to now, the total outstanding loans in the district have reached 312.3 billion VND with 9,866 customers. Through social policy credit programmes, 290 labourers have found jobs and over 18,000 clean water and sanitation projects have been built./.
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.
