VISITORS
News & Events
Hanoi supports disadvantaged groups to overcome impacts of COVID-19
(VBSP News) The Standing Board of the Hanoi People’s Council has agreed in principle with the proposal of the municipal People’s Committee to add VND650 billion (US$27.9 million) to the city budget capital entrusted through the Vietnam Bank for Social Policies (VBSP) – Hanoi branch to help disadvantaged groups overcome the impact of COVID-19.
Hanoi will supplement VND 650 billion to help disadvantaged groups overcome the impact of COVID-19. (Illustrative image)
Accordingly, the supplemented amount will be used to make loans to the poor and other policy beneficiaries across the capital city, enabling them to revive production and address the losses caused by the epidemic, contributing to realising the goal of sustainable poverty reduction, job creation and ensuring social security. In addition, Hanoi calls for donations and the joint efforts of the whole society to support the poor and underemployed to overcome such a difficult period.
The municipal People’s Committee insisted that after the capital allocation, the VBSP branch proactively coordinate with localities and entrusted organisations to make timely disbursement to beneficiaries to help them overcome the impact of COVID-19, thus ensuring practicality, efficiency and order of priority.
Loans should be prioritised for industries affected by the epidemic, such as those serving agricultural production and supplying food, foodstuff and medical services for the people, as well as those serving the people’s essential needs.
The Hanoi Party Committee also requested that after the allocation of the entrusted capital, it is necessary to evaluate its efficiency and draw lessons thereof to pave the way for the next allocation of capital from the city budget, in the spirit of the Party Central Committee’s Secretariat’s Directive No. 40-CT/TW dated November 22, 2014 on strengthening the Party’s leadership on social policy credit.
en.nhandan.com.vn
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
- Part 3 - The Journey of Spreading Love
- Part 2 - Building Trust, Multiplying Happiness
- The Mark of People-Centered Policies (Part 1 - A Lever for Sustainable Poverty Alleviation)
- Part 3 - Building sustainable new countryside
- Part 2 - Devoting passion to helping people
- The vitality of Tra Vinh (Part 1 - Mobilizing the strength of great solidarity)
- VBSP branches’ donation to help combat Covid-19 pandemic
- Supporting the poor in production development in response to Covid-19 pandemic
- VBSP branches join fight against Covid-19 pandemic
- VBSP client success stories
- VBSP's support for customers affected by drought and saltwater intrusion in the Mekong Delta
- Growing cinnamon and raising buffaloes, Yen Bai farmers escape from poverty
- Hanoi entrusts VND 650 billion through VBSP to help the poor overcome difficulties amid COVID-19
- The poor receives VBSP’s support after damage caused by COVID-19
- Proposal of reducing by 15% of lending interest rate for poor households
- VBSP Da Nang in the fight against Covid-19 pandemic
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
- Part 3 - The Journey of Spreading Love
- Part 2 - Building Trust, Multiplying Happiness
- The Mark of People-Centered Policies (Part 1 - A Lever for Sustainable Poverty Alleviation)
- Part 3 - Building sustainable new countryside
- Part 2 - Devoting passion to helping people
- The vitality of Tra Vinh (Part 1 - Mobilizing the strength of great solidarity)
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||