The State Bank of Vietnam (SBV) will launch more effective credit programs to support agricultural production and improve local livelihoods, making contributions to boosting economic growth while wiping out black credit in rural areas. The SBV will promote credit programs to support agricultural production - Photo: VNA SBV Deputy Governor Dao Minh Tu said high-tech agricultural development programs as well as agricultural production in value chain to increase added value will be prioritised as part of the agricultural shake-up project. Theo VNA … [Read more...] about State Bank of Vietnam promotes credit programs for rural areas
Telemedicine for rural areas
State Bank of Vietnam promotes credit programmes for rural areas
The State Bank of Vietnam (SBV) will promote credit programmes to support agricultural production. (Photo: VNA) Hanoi (VNA) – The State Bank of Vietnam (SBV) will launch more effective credit programmes to support agricultural production and improve local livelihoods, making contributions to boosting economic growth while wiping out black credit in rural areas. SBV Deputy Governor Dao Minh Tu said high-tech agricultural development programmes as well as agricultural production in value chain to increase added value will be prioritised as part of the agricultural shake-up project. “The SBV sees agriculture and rural areas as top priority in its credit programme. It has directed credit institutions to improve procedures for loan access and paid due attention to branching out mobile banking model in remote areas, creating favourable conditions for local people to have better access to capital and other banking services,” Tu said. Currently, 70 commercial banks, … [Read more...] about State Bank of Vietnam promotes credit programmes for rural areas
Vinh Phuc spends 4 trillion VND on building new-style rural areas
Illustrative image (Photo: VNA) Vinh Phuc (VNA) – The northern province of Vinh Phuc is planning to spend more than 4 trillion VND (172.5 million USD) on the national target programme on building new-style rural areas in the 2017-2020 period. Local authorities have asked competent agencies to enhance the communication work to encourage people’s participation in the programme. The province also strives to ensure the appropriate usage of the programme’s financial sources to prevent losses or wastefulness. In particular, the implementation of the national target programme must be combined with the development and restructuring of the industrial sector. Up to 102 out of 112 communes in Vinh Phuc province have been recognised as new-style rural areas after seven years of the programme. Rural infrastructure has been greatly improved, thereby facilitating the province’s agricultural development and improving local people’s living conditions. In … [Read more...] about Vinh Phuc spends 4 trillion VND on building new-style rural areas
Dong Nai fulfils new-style rural area building targets
Local residents build rural roads in Dong Nai province (Photo: www.baodongnai.com.vn) Dong Nai (VNA) – All 133 communes of 11 districts and cities in southern Dong Nai province have been recognised as new-style rural areas, local officials said. Thanh Son commune of Dinh Quan district, along with Tan Phu and Dinh Quan districts and Bien Hoa city were the last localities in Dong Nai province to receive the title. Tan Phu and Dinh Quan are mountainous districts. Under the national target programme on building new-style rural areas, local people have joined hands to build infrastructure and develop rural transport systems. To date, all roads in the districts have been concreted, while Tan Phu and Dinh Quan record annual per capita incomes of 51 million VND (2,190 USD) and 49 million VND (2,100 USD), rising 3.5 times and 1.8 times compared to 2011, respectively. Meanwhile, the poverty rate in Dong Nai province dropped to 0.31 percent from 6.22 percent previously. The National … [Read more...] about Dong Nai fulfils new-style rural area building targets
EVNSPC to expand coverage to more southern rural areas
EVNSPC staff provide customer services in An Giang (Photo: VNA) Hanoi (VNA) – The Electricity of Vietnam Group’s Southern Power Corporation (EVNSPC) will invest nearly 8 trillion VND (344 million USD) to provide power for rural areas in 12 cities and provinces, as well as island communes in Kien Giang and the Mekong Delta region, by 2020. The firm will spend more than 85 billion VND (3.65 million USD) to connect over 60,000 rural households with the national power grid. Currently, the EVNSPC is trying to cover rural areas in the southwest region that are home to a large river and canal system, an obstacle for the construction of power infrastructure. Over the past few years, the company has implemented a number of power supply projects in remote and island localities in 21 southern cities and provinces. As of September 2018, the second phase of electricity projects in Vinh Loi, Hoa Binh, Phuong Long and Hong Dan districts of Tra Vinh province, and Dong Hai district of … [Read more...] about EVNSPC to expand coverage to more southern rural areas