VBSP's 21-year development journey of seeding hopes and aspirations

VBSP's 21-year development journey of seeding hopes and aspirations

A companion of the Vietnam Bank for Social Policies has brought a fresh mindset to economic development, helping needy households sustainably escape poverty.
Policy credit drives poverty reduction

Policy credit drives poverty reduction

By 2030, all needy households will be able to access the financial products and services provided by Vietnam Bank for Social Policies.
VBSP: policy credit contributes to enhancing social wellbeing

VBSP: policy credit contributes to enhancing social wellbeing

Millions of needy households and other beneficiaries gained access to policy credit sources from Vietnam Bank for Social Policies to feed their production and business requirements in the first half of this year.
Credit access the key to reducing poverty

Credit access the key to reducing poverty

Access to credit from VBSP provides help to many people in the mountainous region of Lang Son, including ethnic minorities, to get out of poverty.
VBSP toasts 9-month upbeat performance

VBSP toasts 9-month upbeat performance

On September 21, VBSP convened its periodical third-quarter meeting where CEO Duong Quyet Thang noted the highlights of the bank’s operation.
Hanoi creates stable fulcrum to aid policy credit

Hanoi creates stable fulcrum to aid policy credit

With effective support from the city’s management, Hanoi has witnessed positive outcomes with policy credit activities over the past two decades.
VBSP shows inspiring first-half performance

VBSP shows inspiring first-half performance

On July 7, the Board of Directors of the Bank for Social Policies convened its second-quarter meeting chaired by Nguyen Thi Hong noting strong results.
VBSP Ha Nam supports new rural development

VBSP Ha Nam supports new rural development

Policy credit has become the main pillar helping Ha Nam province to realise the national target programme on sustainable poverty reduction.
Nearly 6.4 million households become beneficiaries of policy credit

Nearly 6.4 million households become beneficiaries of policy credit

Debt quality across the VBSP system continues to be stable, with overdue and frozen debt accounting for a mere 0.7 per cent of total outstanding loans.
Support for deprived residents in Hung Yen province

Support for deprived residents in Hung Yen province

Policy credit sources from VBSP’s Hung Yen branch are helping needy households in a northern province escape from poverty.
Hanwha Life Vietnam donates free health insurance cards to Vietnamese people in need

Hanwha Life Vietnam donates free health insurance cards to Vietnamese people in need

South Korean-backed insurer Hanwha Life Vietnam, in tandem with the Sponsoring Association for Poor Patients in Ho Chi Minh City, has been donating free health insurance cards to needy people in Vietnam with an aim of improving healthcare conditions for people in a difficult stituation due to the spread of the COVID-19 epidemic.  
1.62 million needy households received VBSP loans in first nine months

1.62 million needy households received VBSP loans in first nine months

VBSP reported $2.39 billion in total outstanding loan balance in the first nine months to more than 1.62 million needy households and policy beneficiaries.