Mission
The Vietnam Bank for Social Policies (VBSP) is a government-owned bank that was established to provide financial products and services to the last-mile population in Vietnam. The bank is also mandated to increase financial inclusion, promote microfinance and implement other programs for “poverty reduction and social stability”.
VBSP contributes to:
- Provide microfinance to the poor and policy beneficiaries
- Reduce poverty sustainably inVietnam
- Remain social stability
- Protect environment.
- Motivating women to rise up
- Soc Trang uses preferential credit for ethnic minorities to settle down
- VBSP temporarily suspends interest collection for borrowers affected by storms and proposes to add VND 4,900 billion in policy credit
- Quang Ninh disburses loans to 1,620 households to restore production
- Policy credit helps people in Sop Cop border area reduce poverty
- Tuyen Quang: Capital flew to disadvantaged areas, many people got out of poverty
- Tra Vinh supports 46 households in Cang Long town with safe water project
- Ethnic minorities in Cao Bang
- Coastal communes - Rising out of poverty
- Support disadvantaged students
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