bac giang brightens up prospects with new rural development programme

Bac Giang brightens up prospects with new rural development programme

The effective implementation of national target programmes, particularly policy credit sources provided by the Vietnam Bank for Social Policies, has brought new vitality to diverse areas across the northern province of Bac Giang, turning the province into the second-largest economic hub in the northern midland and mountainous regions.
vbsp lights up flames of love before the new year

VBSP lights up flames of love before the new year

Together with effectively implementing the credit policies of the state and the government in order to widen the scale of social security programmes, general director and leaders of Vietnam Bank For Social Policies (VBSP) have visited poor and vulnerable groups before the new year, bearing gifts to survey the local implementation of credit policies.
vbsp on 17 year proud development journey

VBSP on 17-year proud development journey

The development of VBSP shows that credit policies tailored to needy households and other policy beneficiaries are one of the bright points of state policies on poverty reduction.
162 million needy households received vbsp loans in first nine months

1.62 million needy households received VBSP loans in first nine months

Vietnam Bank for Social Policies (VBSP) reported VND54.983 trillion ($2.39 billion) in total outstanding loan balance in the first nine months of this year, an increase of VND6.156 trillion ($267.65 million) compared to one year ago, provided to more than 1.62 million needy households and other policy beneficiaries.
social policy credit lifts 2 million ethnic minority families out of poverty

Social policy credit lifts 2 million ethnic minority families out of poverty

Social policy credit has lifted more than 2 million ethnic minority households out of poverty as of August 31, said Director General of the Vietnam Bank for Social Policies (VBSP) Duong Quyet Thang at a conference in Hanoi on September 25.
vbsp launches mobile banking 2 project towards financial inclusion

VBSP launches Mobile Banking 2 project towards financial inclusion

Vietnam Bank for Social Policies (VBSP) has just launched its Mobile Banking 2 project striving for financial inclusion and economic empowerment for low-income people and women in Vietnam.
policy credit motivates development in hai duong province

Policy credit motivates development in Hai Duong province

With a high sense of responsibility towards social development, particularly to needy people and other social policy beneficiaries, Vietnam Bank for Social Policies is committed to harmonising distribution resources for the effective implementation of policy credit programmes in order to push up development in the northern province of Hai Duong.
social housing lending a pillar of welfare activities

Social housing lending a pillar of welfare activities

Nguyen Van Ly, deputy general director of Vietnam Bank for Social Policies, told VIR about the highlights of the bank’s social housing lending programme this year to support low-income people.
measures to boost policy credit efficiencies

Measures to boost policy credit efficiencies

Vietnam Bank for Social Policies is deploying seamless solutions to ensure effective policy credit provision to beneficiaries in 2019.
capital provision essential to realise vbsp programmes

Capital provision essential to realise VBSP programmes

In a working visit to the Vietnam Bank for Social Policies (VBSP) shortly after the Lunar New Year holiday, Prime ­Minister Nguyen Xuan Phuc ­underlined the importance of timely capital provision to empower the bank to implement its numerous credit programmes.
vbsp brings new spring to poorer households

VBSP brings new spring to poorer households

Besides credit activities to aid policy beneficiaries, every year when spring approaches, ­Vietnam Bank for Social ­Policies presents donations to poor households and policy beneficiaries in different areas across Vietnam.
vbsp achieves credit growth amid effective policy activities

VBSP achieves credit growth amid effective policy activities

Nearly 6.7 million needy households, as well as policy beneficiaries, received access to preferential credit worth more than VND62 trillion ($2.7 billion) through Vietnam Bank for Social Policies. Tran Lan Phuong, the bank’s deputy general director, talked with VIR’s Hong Dung about the lender’s achievements last year and outlines the agenda for 2019.
bank proposes 48 percent interest for social housing loans

Bank proposes 4.8 percent interest for social housing loans

The Vietnam Bank for Social Policies (VBSP) has submitted proposals to the Prime Minister on the interest rates for preferential loans to rent and buy social housing or build, upgrade, and repair houses in 2019, with the suggested annual rate of 4.8 percent.
microfinance from vbsp helps young entrepreneurs in thanh hoa

Microfinance from VBSP helps young entrepreneurs in Thanh Hoa

With financial help from Vietnam Bank for Social Policies (VBSP), scores of young people in the central province of Thanh Hoa have realised their dream of setting up their own business.
vbsp hung yen strives for greater efficiency in microfinance

VBSP Hung Yen strives for greater efficiency in microfinance

Vietnam Bank for Social Policies (VBSP) in Hung Yen province looks back at its accomplishments in the past 16 years and expects an ever stronger future for microfinance in the area.