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Updated: 2021-11-17 15:58:22

Nearly 10,000 workers in Hanoi get loans from VBSP to restore production

(VBSP News) VBSP’s branch in Hanoi said that the city has allocated a trust budget through the bank’s branch with an amount of VND 1.05 trillion.

Nearly 10,000 workers in Hanoi get loans from VBSP to restore production

In which, VND 500 billion was used to lend to workers affected by the COVID-19 pandemic in the city to overcome difficulties and create jobs.

Earlier, the city People's Committee issued Decision 1165/QD-UBND dated March 10, 2021 approving the plan to allocate capital from the municipal budget entrusted through the VBSP’s branch in Hanoi to lend to the poor and other policy beneficiaries in the second phase of 2021 with an amount of VND 550 billion.

Specifically, during social distancing, the city added VND 500 billion from the 2021 budget capital entrusted through the VBSP’s branch to lend to employees who need to restore and develop production and business.

The city plans to add VND 1 trillion to the entrusted budget through the bank’s branch in Hanoi to provide loans to businesses, cooperatives, business households and employees to restore production and business in the fourth quarter and the next period.

According to the branch, from the beginning of 2021 until now, the complicated situation of the COVID-19 pandemic has caused many negative impacts on socio-economic life and production and business activities of people in Hanoi.

Many households facing difficulties in production, business and product consumption, had to downsize, suspend production and business or cut labor.

Facing that situation, the capital has been implementing synchronous solutions to remove difficulties and support people, workers, business households and other economic sectors to stand firm and stabilize their lives./.



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


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


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