Therefore, the work of hunger eradication and poverty reduction, step by step development in the mountainous area of Luc Yen is a journey of joint efforts of the Party Committee, administration and ethnic people here.

Secretary of Luc Yen District Party Committee Dinh Khac Yen affirmed: The journey of sustainable and multidimensional poverty reduction in the locality has been persistently carried out for more than 20 years with methodical and synchronous implementation solutions. Notably, the focus on mobilising all resources, especially policy credit capital, has made an important contribution to promoting socio-economic development, creating livelihoods for people, contributing to improving the quality of life, especially rapidly reducing the poverty rate of the whole district from 7.06% at the end of 2023 to 2.77% at the end of 2024.

Also according to the Board of Directors of the Social Policy Bank of Luc Yen District, in 22 years (2003-2025), the activities of the Social Policy Bank of Luc Yen have always received the attention and direction of the Yen Bai Provincial Social Policy Bank Branch, of the authorities of Luc Yen District at all levels, as well as the synchronous coordination of departments, socio-political organisations receiving the trust, savings and loan groups.

Along with that, the consensus and support of the people, the efforts of the Transaction Office have contributed to the goal of poverty reduction, job creation and social security in the locality.

Thanks to preferential capital, the lives of ethnic minorities in Luc Yen District have been increasingly improved.

Director of the Luc Yen District Social Policy Bank, Duong Quoc Tuan, said that social policy credit has affirmed its important role in the economic development process and ensuring social security in the district.

By May 2025, the outstanding debt of the district Social Policy Bank reached nearly 874 billion VND, accounting for a large proportion of the credit structure in the area, showing the particularly important role of the Social Policy Bank in investing in economic development, creating a balance between policy credit and commercial credit in the area.

In particular, in 22 years of operation, the Social Policy Bank has lent more than 30,000 poor households, near-poor households, and newly escaped poverty households with the opportunity to access preferential loans to invest in production and business with the aim of not only escaping poverty sustainably but also striving to become rich legitimately.

From 2024 to now, the total loan amount has reached more than 246 billion VND with 4,400 customers, mainly focusing on programmes for poor households, near-poor households, newly escaped poverty households, production and business, clean water and environmental sanitation, job creation, etc.

From preferential capital sources, the lives of ethnic minorities here have been increasingly improved. Up to now, the district has formed a rice production area of more than 600 hectares, a stable corn area of more than 5,100 hectares, a peanut area of 100 hectares and more than 1,000 hectares of citrus fruit trees; 3 cooperatives have been granted VietGap standard certificates. The whole district has more than 5,000 hectares of cinnamon; more than 900 hectares of bamboo shoots; 16 products meeting the provincial 3-star OCOP standard, etc.

The family of Ma Thi Nhat and Nong Van Tra in Lam Thuong commune is a typical example of efforts to escape poverty. Before 2020, the couple’s family was near-poor, but since participating in the new production model and borrowing capital from the Social Policy Bank to expand the area of growing bamboo shoots and raising rabbits, the livestock and crop farming work has been favourable, with the cooperative guaranteeing the output of products with a value twice as high as before. Thanks to that, the profit from livestock and crop farming has helped Nhat’s family from near-poor households to become well-off households in Lam Thuong commune.

Similarly, Nong Thi Nhiem and her husband, Trang village, Tan Linh commune, used to only produce agriculture and do small business, so their income was unstable, and poverty persisted for many years. In 2018, Nhiem was entrusted by the Commune Women’s Union with the Social Policy Bank to borrow 50 million VND to build barns and buy 700 chickens to raise.

From the loan capital combined with the family’s savings, Nhiem has developed the economy; thanks to that, her family was recognised as escaping poverty and becoming a well-off household in the commune.

Policy credit officers always stay close to the grassroots, working closely with poor households to guide them in borrowing and using capital effectively.

Currently, the Luc Yen District Social Policy Bank is implementing 13 policy credit programs with a network of 24 Mobile Transaction Points in the commune and 341 Savings and Loan Groups with outstanding debt.

The activities of the Social Policy Bank have helped poor households and disadvantaged ethnic minority families have favourable conditions to access preferential credit capital to develop production, create jobs, increase income, improve living conditions, and escape poverty.

Director of the Luc Yen District Social Policy Bank, Duong Quoc Tuan, added: The participation of the entire political system and the close coordination of agencies and sectors have created conditions for the Social Policy Bank to focus on mobilising financial resources at one focal point, focusing on exploiting budget capital in the operating area, raising the total operating capital to more than 873 billion VND.

The entire large capital source has been transferred to the right addresses and beneficiaries by policy credit officers who have not been afraid of difficulties and hardships.

Although it has achieved encouraging results, it can be said that Luc Yen district in particular and the Northwest mountainous region in general still face many difficulties. Therefore, the team of policy credit officers and employees here continue to proactively and actively implement Directive 39-CT/TW of the Secretariat on improving the effectiveness of policy credit in the new period; continue to promote the mobilisation of resources, organise the timely and complete transfer of preferential capital to the correct addresses and beneficiaries, contributing to the successful implementation of economic development plans and programmes and sustainable poverty reduction in the area.