VISITORS
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.
- Policy credit opens the way to sustainable poverty alleviation
- Sustainable poverty reduction in Tuyen Quang: Diversifying livelihoods for the people
- Leadership training to enhance skills through emotional intelligence
- DIGITALIZATION OF POLICY CREDIT IN MINH LONG COMMUNE
- The Van Son highland region is transforming thanks to policy credit funding.
- Thang Binh enhances the value of OCOP products
- The impetus from household economics in Yen Tri
- Propose rising loan amounts for disadvantaged students
- Policy credit – a cornerstone for people's livelihoods
- Maximizing the effectiveness of preferential credit programs
- 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
- Policy credit opens the way to sustainable poverty alleviation
- Sustainable poverty reduction in Tuyen Quang: Diversifying livelihoods for the people
- DIGITALIZATION OF POLICY CREDIT IN MINH LONG COMMUNE
- The Van Son highland region is transforming thanks to policy credit funding.
- Thang Binh enhances the value of OCOP products
- The impetus from household economics in Yen Tri
- Savings & credit groups - A bridge between VBSP and borrowers
- POLICY CREDIT PERFORMANCE AND CAPITAL MOBILIZATION – FIRST SEVEN MONTHS OF 2026
- Ensuring social security through employment loans from VBSP
- When preferential capital is available to support women entrepreneurs in Dak Lak
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||