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Government of Vietnam Approves National Microfinance Strategy
The Prime Minister of Vietnam recently approved a National Microfinance Strategy with the objective to develop a safe and sustainable microfinance system in order to ensure social welfare and sustainable poverty eradication.
The Prime Minister of Vietnam recently approved a National Microfinance Strategy with the objective to develop a safe and sustainable microfinance system in order to ensure social welfare and sustainable poverty eradication. The key implementation solutions laid down in the strategy are: building a comprehensive legal framework to facilitate microfinance activities, improving the capacity of policy makers and MFIs, improving the monitoring capacity of the government and raising awareness on microfinance.
In order to ensure that the implementation solutions are achieved, the strategy also sets out a two stage implementation plan (from 2011 -2015 & 2015-2020) for key stakeholders such as the State Bank of Vietnam, Ministry of Finance, and the Provincial/municipal People’s committee.
(Source: Microfinance gateway)
- Life stability with preferential credit
- Accompanying farmers for poverty reduction
- Life rebuilt thanks to social policy credit
- Effective credit for women in remote areas
- Motivation to get out of sustainable poverty
- VBSP works with Ethiopian Microfinance Institutions
- Getting out of poverty thanks to preferential credit in Quang Tri
- Getting out of policy thanks to preferential policy credit
- Disadvantaged students are given opportunities of schooling
- Policy credit contributes to building new rural areas
- More than 14.4 billion dongs for student loans
- VBSP gives over 800 billion in preferential loans
- Innovative Technology for the poor to access financial inclusion in Vietnam through Mobile Money
- VBSP offers over 800 billion in preferential loans
- Fixed-date transaction point at commune: Key success for microfinance in Vietnam
- Credit institution system to be restructured
- Training 300 technical employees for supporting industry
- Gov’t talks socio-economic goals for 2012
- Government of Vietnam to adjust student loan plan
- 8.2 million microloans in Vietnam delivered by Vietnam Bank for Social Policies
- Life stability with preferential credit
- Accompanying farmers for poverty reduction
- Life rebuilt thanks to social policy credit
- Effective credit for women in remote areas
- Motivation to get out of sustainable poverty
- VBSP works with Ethiopian Microfinance Institutions
- Getting out of poverty thanks to preferential credit in Quang Tri
- Getting out of policy thanks to preferential policy credit
- Disadvantaged students are given opportunities of schooling
- Policy credit contributes to building new rural areas
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