Becoming a billionaire by growing cinnamon

Becoming a billionaire by growing cinnamon

Local residents' efforts to cover the hills with cinnamon fields, a valued herbal tree, have changed the face of the northern province of Yen Bai.
Policy credit increases 6.3 per cent in first half of 2021

Policy credit increases 6.3 per cent in first half of 2021

As policy credit increased 6.3 per cent in the first half, VBSP is committed to harmonising distribution for the effective implementation of credit programmes.
Directive No.40-CT/TW: correct, creative, deeply humane

Directive No.40-CT/TW: correct, creative, deeply humane

More than five years of implementing Directive No.40-CT/TW, several important results have been achieved.
VBSP: Timely transfer of policy credit during COVID-19 pandemic

VBSP: Timely transfer of policy credit during COVID-19 pandemic

Since the first months of 2021, VBSP has been mobilising credit sources to timely disburse concessional funds to poor households and other policy beneficiaries.
Tiep Suc Nha Nong 2020 continues supporting livelihood of farmers

Tiep Suc Nha Nong 2020 continues supporting livelihood of farmers

In 2020, Tiep Suc Nha Nong (Empowering the Farmers) programme from GreenFeed Vietnam has provided practical support to 140 farmer households.
VBSP: Poverty reduction by brain and by heart

VBSP: Poverty reduction by brain and by heart

Providing policy credit as an important channel for poverty reduction, Vietnam Bank for Social Policies has been awarded the Labour Hero in renovation title.
Poverty ratio in Phu Yen down to 2.54 per cent

Poverty ratio in Phu Yen down to 2.54 per cent

The poverty ratio in Phu Yen province is expected to decrease from 12.62 per cent in 2016 to 2.54 per cent by the end of this year.
Policy credit helps push back black credit

Policy credit helps push back black credit

Concessionary policy credit with long duration has helped needy families to improve their household economy while avoiding the risks of black credit.    
Improved business environment is the key to FDI not tax and land incentives

Improved business environment is the key to FDI not tax and land incentives

ASEAN countries need to choose between wasteful competition for investment or cooperation to generate sustainable tax revenue.
Flood-resilient houses: Safety belt to sustainable poverty reduction in Central Vietnam

Flood-resilient houses: Safety belt to sustainable poverty reduction in Central Vietnam

The policy on building storm and flood-resilient houses for needy households using loans from VBSP can help households get out of poverty.
Economic Recovery Fund – a highlight of funding in Thai Nguyen

Economic Recovery Fund – a highlight of funding in Thai Nguyen

The Economic Recovery Fund has provided loans to a total of 310 households from the Nui Phao project area to the tune of more than VND14 billion (608,700).
Policy credit: An efficient capital channel

Policy credit: An efficient capital channel

VBSP has reported tremendous growth in lending to needy people, including women and households, reflecting the benefits of policy credit.    
VBSP offering preferential capital sources to aid students

VBSP offering preferential capital sources to aid students

The Quang Ngai branch of VBSP has been doing its utmost to ensure the timely disbursement of concessionary capital sources to help needy pupils and students.
FDI creates jobs, but does it eliminate poverty?

FDI creates jobs, but does it eliminate poverty?

A World Bank report shows that FDI improves employment and offers higher wages, however, there is limited evidence on the effects on income distribution.
Nam Long Group sets up rice ATMs to support Long An amidst COVID-19

Nam Long Group sets up rice ATMs to support Long An amidst COVID-19

Nam Long Group has donated and brought into operation a rice ATM system with over 70 tonnes of rice for the Mekong Delta province of Long An.
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