(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.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.