News & Events
Government of Vietnam to adjust student loan plan
(VBSP News) Deputy Prime Minister Nguyen Thien Nhan has asked the Ministry of Finance, Ministry of Education and Training, Viet Nam Bank for Social Policies and several other agencies to analyse the total amount of funds needed for student loans in the 2010-11 academic year.
The report will help the Government set loan amounts in accordance with higher tuition fees.
Nhan asked the Viet Nam Bank for Social Policies (VBSP) to adjust loans for students whose families live near the poverty line so that the loans are lower than those offered to poor students.
The bank was also ordered to provide loans for a maximum of 12 months to students whose families were affected by unexpected financial difficulties caused by natural disasters, storms and floods.
The VBSP suggested that the Government pump VND5 trillion (US$256.4 million) to provide loans for poor students at various education levels.
In response to this suggestion, the deputy prime minister has asked the Ministry of Finance to report on specific spending plans and submit its own proposals to the Prime Minister.
The Government is seeking ways of mobilising capital from long-term loans from Official Development Assistance (ODA) sources at reasonable interest rates to serve the student loan programme, according to Nhan.
According to the VBSP, it had provided loans worth a total of VND24 trillion ($1.23 billion) for more than 1.9 million poor students nationwide through August. The loan programme has been running since March 1998.
- Enhance training on Cyber Safety and Security for VBSP’s customers
- Providing Career Opportunities for Ex-servicemen
- Hanoi allocates VND 6,000 billion (approximately USD 240 million) for entrustment through VBSP
- Effectiveness of Policy Credit in the Highland Areas
- Over 120,000 Poor Households in Tay Ninh Have Been Able to Timely Access to Preferential Credit
- VBSP's Progress Report - Quarter 1/2025
- Hai Duong Farmers Change Their Lives Thanks to Preferential Credit
- VBSP Nam Dan District: Empowering Progress in the New Era
- Bringing Inclusive Fund to Remote Areas: Stories of Dedication
- Contribute to improving the lives of policy beneficiaries and low-income workers
- 8.2 million microloans in Vietnam delivered by Vietnam Bank for Social Policies
- Improve life thanks to small loan
- Seminar on “The role and orientation of Vietnam Bank for Social Policies up to 2020”
- 137 Million of World’s Poorest Received a Microloan in 2010
- VBSP pays exchange visit to Nayoby Bank in Laos
- Credit Analysis Manual for Vietnam Bank for Social Policies
- Closing Ceremony of Technical Cooperation Project for Vietnam Bank for Social Policies
- Savings mobilized from the poor: Small deposit generate great benefit
- Pilot model on lending to ex-addicts with HIV/AIDS
- New BOD Chairman hosts 33th regular meeting, Quarter III/2011

- Enhance training on Cyber Safety and Security for VBSP’s customers
- Providing Career Opportunities for Ex-servicemen
- Diversifying inclusive funds to poor households
- Hanoi allocates VND 6,000 billion (approximately USD 240 million) for entrustment through VBSP
- Effectiveness of Policy Credit in the Highland Areas
- Over 120,000 Poor Households in Tay Ninh Have Been Able to Timely Access to Preferential Credit
- VBSP's Progress Report - Quarter 1/2025
- Hai Duong Farmers Change Their Lives Thanks to Preferential Credit
- VBSP Nam Dan District: Empowering Progress in the New Era
- Bringing Inclusive Fund to Remote Areas: Stories of Dedication
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|