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Updated: 2024-05-16 14:15:29

Efficiency from the Economic Recovery Loan Fund

Since 2013, the lives of hundreds of families have changed positively thanks to the Economic Recovery Loan Fund entrusted by Masan High-Tech Materials Joint Stock Company (Masan High-Tech Materials) through VBSP Dai Tu district (Thai Nguyen).


The Economic Recovery Loan Fund helps people invest in sustainable agricultural production

Efficiency from preferential interest rate loans

Mr. Nguyen Van Truong's family (in hamlet 8, Tan Linh commune, Dai Tu district) is a young family boldly implementing the semi-grazing horse raising model, initially bringing high economic efficiency. In 2022, because farming depended on the weather and its unstable prices, Mr. Truong and his wife switched to livestock farming. From the money he saved over the years plus a loan from Masan High-Tech Materials' Economic Recovery Loan Fund, Mr. Truong boldly bought horses for economic development. From the original 4 horses, in 2023, his family had the horse herd of 6 units. According to Mr. Truong, horses are easy to raise, less contract a disease and have stable prices.

The initial effectiveness from this model is creating new opportunities for economic development of Mr. Truong's family as well as a number of other households in Tan Linh commune. Tan Linh Commune Farmers' Association also encouraged farmers to directly visit and learn from Mr. Truong's family's experience to replicate the model. He shared: "In addition to my diligence and luck, getting a loan at the right time with preferential interest rates has helped my family's economy improve a lot".

The lives of hundreds of other families in Dai Tu district have also changed positively since accessing loans with preferential interest rates. To date, more than VND 16 billion has been disbursed to 456 households; 100% of households have paid interest on time and had no overdue debt.

Borrowing households mainly invest in tea production and improvement; raising livestock and poultry; business and trading services... Through annual surveys, households have basically promoted the effectiveness of their loans, some households have also created jobs for 3 - 5 local workers with a stable income of 5 - 7 million VND/person/month.

Mr. Le Van Hong - Deputy Director of VBSP Thai Nguyen Branch said: "When Masan High-Tech Materials built this program, the Company put itself in the shoes of the people. This is a very humane credit program. In particular, the Loan Fund also creates a new wave of socialization to help the poor households and other policy beneficiaries for economic development".

Social responsibility goes hand in hand with sustainable development


Horse raising model at Mr. Nguyen Van Truong's family (in hamlet 8, Tan Linh commune)

Mr. Craig Bradshaw - General Director of Masan High-Tech Materials said: "The goal of our community programs is to build convenient infrastructure and ensure better livelihoods for local people". In 2023, the Company continued to promote community support programs and projects, including volunteer activities and activities for building infrastructure and socio-economic development with the amount of VND 6.8 billion. Nearly 4,500 households in Dai Tu district benefited, including over 600 ethnic minority households and 270 vulnerable households.

Masan High-Tech Materials is also considered one of the enterprises with many contributions to the socio-economic development of Thai Nguyen province. In 2023, the Company fulfilled its tax and fee obligations and paid VND 1,414 billion to the State budget. The company was recognized as the Vietnamese enterprise with the highest tax contribution to Thai Nguyen province in 2023, making an important contribution to helping Thai Nguyen province achieve budget revenue of VND 20,196 billion, exceeding the set plan. This has also been the highest budget revenue of Thai Nguyen province ever.

In 2023, Masan High-Tech Materials for the 6th consecutive time was honored as "Top 100 Sustainable Enterprises in Vietnam". This is worthy recognition for the Company's persistent efforts and achievements over the years in implementing its sustainable development strategy, linking business growth goals with spreading positive values for community.

Dong Van Thuong



Poor Households

Lending to poor households 6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008 3,3%/year

Near Poor Households

Lending to near poor households 7,92%/year


Lending to disadvantaged students 6,6%/year

People in need of loans for job creation

Lending to business establishments owned by war invalids and handicapped persons 3,3%/year


Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year