(HBO) – Over the past years, the Vietnam Bank for Social Policies (VBSP)’s branch in Luong Son district, the northern mountainous province of Hoa Binh, has successfully implemented the Government’s preferential loan programmes. Through entrusted organisations and associations, the loans have come to the right persons, helping them overcome difficulties and escape from poverty sustainably.
Duong
Quoc Lap, in Lam Truong village, Truong Son commune, Luong Son district, invests
in fruit tree planting.
Duong Quoc Lap, in Lam Truong village, Truong Son commune, Luong Son district,
got a loan of 30 million VND from the VBSP to plant nearly 2 hectares of
oranges and pomelos. His orchard is expected to generate about hundreds of
millions of Vietnam dong each year.
With simple and rapid procedures, long terms and low interest rates, the
preferential loans are necessary for poor households and social policy
beneficiaries in Luong Son district. Hundreds of local households have accessed
the loans and used them effectively.
Currently, the VBSP’s branch in Luong Son district is implementing 15 credit
programmes for social policy beneficiaries. Most of them have been entrusted
partially through political-social organisations, with entrusted loan balance
accounting for 99.2 percent of the total loan outstanding balance.
The district has 245 saving and lending groups in 20 communes and townships. At
the end of 2018, loans worth 68.5 billion VND were given to local households,
with accumulated loan outstanding balance exceeding 254.5 billion VND by 9,564
households. Debt collection was over 50.4 billion VND and overdue debts make up
only 0.1 percent of the total loan outstanding balance.
The bank and its entrusted organisations have instructed their staff to follow
procedures, and coordinated with relevant agencies to create favourable
conditions for members of the saving groups to participate in training courses
on husbandry, cultivation and capital management./.
In recent years, Thung Nai commune on has undergone significant changes in its appearance, landscape, and lives of local residents. Road 435 from Hoa Binh City to Tan Lac district’s Suoi Hoa commune, passing through the Thung Nai commune, has helped attract many tourists to the area.
A seminar on promoting the startup movement among high school students has been held recently by the provincial Department of Education and Training and the Vietnam National University of Agriculture at Tan Lac High School in Tan Lac district of Hoa Binh province.
In the morning of April 24th, at Uncle Ho’s Monument on Hoa Binh Hydroelectric Project, Vietnam Youth Federation coordinated with Hoa Binh Youth Federation to organize the journey "I love my Fatherland” to celebrate the 70th anniversary of Dien Bien Phu Victory.
From the fact that the market takes place only every Tuesday, Bo market in Van Son commune (Tan Lac) officially takes place every Sunday from March 24. Thereby, the aim is to turn the market into a place promoting the cultural identity of Muong people in Hoa Binh and the consumption of goods and products of the neighboring communes, meeting the needs of tourists for the local products when travelling to Van Son at weekends.
Nguyen Van Toan, Vice Chairman of the provincial People's Committee, chaired a meeting of the Steering Committee on Population and Development.
