VBSP: 20 years on the journey of poverty reduction

VBSP: 20 years on the journey of poverty reduction

Over 20 years, Vietnam Bank for Social Policies has allowed the government to help the poor and other policy beneficiaries gain access to policy credit.
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.
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.
Over 14 billion USD mobilised through G-bond auctions at HNX in 2020

Over 14 billion USD mobilised through G-bond auctions at HNX in 2020

Nearly 324 trillion VND (over 14 billion USD) was mobilised through G-bond auctions at the Hanoi Stock Exchange (HNX) in 2020, accounting for 108 percent of the set plan.
Policy credit: The fulcrum to enhance Vietnamese women’s position

Policy credit: The fulcrum to enhance Vietnamese women’s position

Achievements in realising the Vietnam Bank for Social Policies’s (VBSP) policy credit programmes have made significant contributions to poverty alleviation through improving gender equality in Vietnam.
Over 4,000 houses built with social policy credit

Over 4,000 houses built with social policy credit

Social policy credit helped to build more than 4,000 houses, along with over 1.2 million safe water supply and sanitation facilities in rural areas in 2019, according to the Vietnam Bank for Social Policies (VBSP).
Loans lift farmers in Thai Nguyen out of poverty

Loans lift farmers in Thai Nguyen out of poverty

Almost 20 years ago, Vu Tri Long, now 50 years old, was listed as a poor man in Village 5, Song Cau Town, Dong Hy District in the northern mountainous province of Thai Nguyen.
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...