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  • Policy credit - "Pillar" for sustainable poverty reduction 26-07-2024, 10:41 am
    Policy credit - "Pillar" for sustainable poverty reduction
    Over the past 20 years, preferential loans from VBSP have truly become an important “pillar” in the poverty reduction effort in Hoa Binh province. Thanks to this loan source, tens of thousands of poor households, near-poor households and other policy beneficiaries have overcome difficulties.
  • People in Gia Lai changed their lives thanks to policy credit 24-07-2024, 11:24 am
    People in Gia Lai changed their lives thanks to policy credit
    In Gia Lai province, there are currently 31,502 poor households (accounting for 8.11%), of which 28,173 poor households are ethnic minorities, accounting for 17.05% of the total number of ethnic minority households, helping to reduce the poverty rate by 3%/year according to the multidimensional poverty line for the period 2022 - 2025.
  • Policy credit helps people in the highlands (Bac Kan) get out of sustainable poverty 15-07-2024, 1:51 pm
    Policy credit helps people in the highlands (Bac Kan) get out of sustainable poverty
    Thanks to the efforts of the Party Committee and provincial government; the drastic participation of the entire political system, departments and agencies, including the indispensable contribution of VBSP, Bac Kan has currently been improved dramatically with many newly opened roads, bright mountainous countryside...
  • The Board of Directors of VBSP holds a regular session in the second quarter of 2024 15-07-2024, 9:43 am
    The Board of Directors of VBSP holds a regular session in the second quarter of 2024
    On July 12, in Hanoi, the Board of Directors (BOD) of VBSP held a regular session in the second quarter of 2024. Ms. Nguyen Thi Hong - Governor of the State Bank of Vietnam - Chairwoman of the BOD of VBSP chaired the meeting.
  • Improving the quality of social policy credit activities in Binh Thuan 10-07-2024, 9:36 am
    Improving the quality of social policy credit activities in Binh Thuan
    During the period 2014 - 2024, VBSP Binh Thuan Provincial Branch disbursed loans to 292,963 poor households and other policy beneficiaries with loan turnover of VND 8,783 billion. By April 30, 2024, total capital has reached VND 4,853.4 billion, an increase of VND 3,170 billion and total outstanding debt has reached VND 4,841.8 billion, an increase of VND 3,165 billion compared to 2014.
  • Bringing policy credit closer to local people 09-07-2024, 2:38 pm
    Bringing policy credit closer to local people
    Directive No. 40-CT/TW of the Party Central Committee Secretariat has brought many positive results. Policy credit capital in Lai Chau province has been enhanced, helping thousands of poor households and policy beneficiaries have jobs and stable income.
  • Policy credit effectiveness in Ninh Thuan 03-07-2024, 10:47 am
    Policy credit effectiveness in Ninh Thuan
    Policy credit capital has played an important role in helping poor households and other policy beneficiaries in Ninh Thuan province to develop their economy and improve quality of life.
  • VBSP actively organizes the review conference for 10 years of implementing Directive No. 40-CT/TW 03-07-2024, 9:50 am
    VBSP actively organizes the review conference for 10 years of implementing Directive No. 40-CT/TW
    On July 1, in Hanoi, VBSP held a conference to deploy tasks in the last months of 2024. Mr. Duong Quyet Thang - Secretary of the Party Committee of Central Bank for Social Policies, Member of the Board of Directors - General Director of VBSP chaired the conference. The conference was deployed under online method with meeting points at VBSP in provinces, cities and district levels.
  • Implementing Directive No. 40-CT/TW in Phu Cat 21-06-2024, 2:28 pm
    Implementing Directive No. 40-CT/TW in Phu Cat
    Nearly 10 years of implementing Directive No. 40-CT/TW dated November 22, 2014 of the Secretariat on strengthening the Party's leadership over social policy credit activities, Phu Cat district (Binh Dinh) has implemented many solutions, gradually improving the effectiveness of policy credit, contributing to socio-economic development and new rural construction.
  • Tan Ky - mountainous area is changed thanks to policy credit 17-06-2024, 3:09 pm
    Tan Ky - mountainous area is changed thanks to policy credit
    After 10 years of implementing Directive No. 40-CT/TW, tens of thousands of poor households and other policy beneficiaries in disadvantaged areas and ethnic minority areas have been facilitated to develop production, increase income, stabilize life, contributing significantly to the goal of sustainable poverty reduction and successful construction of new rural areas in many localities.
  • Efficiency of Directive No. 40-CT/TW 17-06-2024, 3:07 pm
    Efficiency of Directive No. 40-CT/TW
    After 10 years of implementing Directive No. 40-CT/TW dated November 22, 2014 and Conclusion No. 06-KL/TW dated June 10, 2021 of the Party Central Committee Secretariat on "Strengthening leadership of the Party for social policy credit", social policy credit activities in Phu Loc district (Thua Thien Hue) have brought practical results.
  • Effectiveness of social policy credit in poor Muong Khuong district 10-06-2024, 4:47 pm
    Effectiveness of social policy credit in poor Muong Khuong district
    After nearly 10 years (2014 - 2024) implementing Directive No. 40-CT/TW of the Secretariat, poor Muong Khuong district (Lao Cai) have prospered, social policy credit has promoted effectively, contributing to promoting socio-economic development and sustainable poverty reduction in the locality.
  • Poverty reduction through promoting the effectiveness of policy credit 05-06-2024, 3:22 pm
    Poverty reduction through promoting the effectiveness of policy credit
    After 10 years of implementing Directive No. 40-CT/TW dated November 22, 2014 of the Party Central Committee Secretariat on strengthening the Party's leadership over social policy credit, Lam Binh district (Tuyen Quang) has actively contributed to poverty reduction and new rural construction.
  • Ethnic minorities’ development 03-06-2024, 2:02 pm
    Ethnic minorities’ development
    Thanks to preferential loans with 16 effective policy credit programs of VBSP Yen Bai Branch, the poor and other policy beneficiaries have been able to actively buy seeds, plants and livestock, creating profits for business in the future. There were 3,100 poor households and low-income households who received loans to build new housing, contributing to reducing Yen Bai's poverty rate by 4% - 5% annually, bringing 108 communes of Yen Bai to new rural standards.
  • Sustainable poverty reduction from policy credit source 03-06-2024, 2:01 pm
    Sustainable poverty reduction from policy credit source
    Thuong Xuan is the 30th poor district of Vietnam with the population of over 90,000 people, including 3 ethnic groups Kinh, Thai and Muong. People's lives mainly rely on agricultural and forestry production; Socio-economic infrastructure is not synchronized, people's lives still face many difficulties, especially in remote and border areas. However, in recent years, people's lives have been changed thanks to the National Target Program for sustainable poverty reduction in period 2021 - 2025 and credit programs of VBSP, which have helped Thuong Xuan district (Thanh Hoa) effectively implement sustainable poverty reduction.
  • Quang Ngai allocates policy credit sources entrusted through VBSP 03-06-2024, 2:00 pm
    Quang Ngai allocates policy credit sources entrusted through VBSP
    In 2024, the budget of Quang Ngai province and districts, towns and cities have been entrusted through VBSP Quang Ngai Provincial Branch to supply loans to the poor households and other policy beneficiaries for economic development. In 2024, VND 91 billion has been entrusted from the budgets of the province and local. In particular, some localities have increased their trust budget allocations such as: Quang Ngai City (VND 5 billion), Binh Son district (VND 3 billion), etc.
  • Empowering ethnic minorities 20-05-2024, 2:32 pm
    Empowering ethnic minorities
    To implementing preferential credit policies according to the National Target Program on socio-economic development in ethnic minority and mountainous areas in the period 2021 - 2030, VBSP Krong Nang district (Dak Lak) has actively brought preferential credit to local people, especially ethnic minorities, helping to improve their lives, accelerating the process of sustainable poverty reduction in the locality.
  • Policy credit source creates motivation for Veterans to get out of poverty 17-05-2024, 2:40 pm
    Policy credit source creates motivation for Veterans to get out of poverty
    Recently, through loans from VBSP Song Hinh district (Phu Yen), many Veterans members of Ea Bar commune have boldly made production, helping increase their income and stabilize their lives.
  • Efficiency from the Economic Recovery Loan Fund 16-05-2024, 2:15 pm
    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).
  • Life changed thanks to policy credit 15-05-2024, 2:25 pm
    Life changed thanks to policy credit
    In recent years, VBSP Dak Lak Branch has implemented Decree No. 28/2022/ND-CP of the Government on preferential credit policies to deploy the National Target Program for regional socio-economic development in ethnic minorities and mountainous areas in the period 2021-2030 (referred to as Decree No. 28). Ethnic minorities have opportunities to access to preferential loans for housing construction, jobs creation and production, aiming to get out of sustainable poverty.
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LENDING INTEREST RATE

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

Students

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
Others...

DEPOSIT INTEREST RATE

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