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.
Policy credit: the fulcrum to support the poor

Policy credit: the fulcrum to support the poor

The VBSP has been carrying out multiple policy credit programmes assigned to provide efficient support for needy people and diverse policy beneficiaries.
Policy credit drives growth across Vietnam

Policy credit drives growth across Vietnam

The VBSP currently deploys more than 20 credit programmes in favour of needy households and other policy beneficiaries under several loaning schemes.
Policy credit aids the fight against COVID-19

Policy credit aids the fight against COVID-19

The active engagement of VBSP has provided ample support the government’s efforts to combat the pandemic and protect the most vulnerable in society.
Policy credit efficient to ensure social well-being

Policy credit efficient to ensure social well-being

By the end of this third quarter, more than $11.26 billion of policy credit under diverse government support packages came to needy households.
VBSP performs stably and efficiently amid pandemic

VBSP performs stably and efficiently amid pandemic

Units in the VBSP system have made strides to effectively handle all assigned tasks, effectively serving pandemic recovery efforts.
Bac Giang: Policy credit helps people surmount pandemic challenges

Bac Giang: Policy credit helps people surmount pandemic challenges

The Bac Giang branch of VBSP has been operating at full throttle, bringing policy credit to help locals resume production and stabilise life.
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.
Vietnam Bank for Social Policies' Hung Yen branch: A helping hand to needy people

Vietnam Bank for Social Policies' Hung Yen branch: A helping hand to needy people

This year, the Hung Yen Branch of the Vietnam Bank for Social Policies (VBSP), has made great strides to boost disbursement of policy credit sources.
Loans made available for businesses in Phu Yen to get through tough times

Loans made available for businesses in Phu Yen to get through tough times

The Phu Yen branch of the VBSP has signed many credit contracts with enterprises for loans to pay salaries for employees who stopped working due to the COVID-19 pandemic
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.
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.
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.    
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