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  • Preferential credit empowers Gia Nghia residents to get out of poverty 19-12-2024, 9:40 am
    Preferential credit empowers Gia Nghia residents to get out of poverty
    Thanks to policy credit resources, many poor and near-poor households in Gia Nghia City (Dak Nong) have been supported to develop production and gradually overcome difficulties.
  • The Bank of the Lao PDR visits and works with the Vietnam Bank for Social Policies (VBSP) 16-12-2024, 5:08 pm
    The Bank of the Lao PDR visits and works with the Vietnam Bank for Social Policies (VBSP)
    On the morning of December 4, a delegation from the Bank of the Lao People's Democratic Republic, led by Mr. Phetsathaphone Keovongvichith, Director General of the Banking Operations Department, visited and worked with the Vietnam Bank for Social Policies (VBSP). The delegation concluded representatives of the leadership and staff from various departments of the Bank of the Lao PDR.
  • Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Final Part: The Pillar of Sustainable Poverty Reduction) 11-12-2024, 3:02 pm
    Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Final Part: The Pillar of Sustainable Poverty Reduction)
    Recognizing poverty reduction as a key focus for economic development and social welfare, the Party Committee and authorities of Thai Nguyen Province have implemented numerous synchronized and effective measures, including expanding access to policy credit for the local population. These efforts have helped Thai Nguyen in national economic development and maintained its position as a growth hub in the Northeast region.
  • Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Part 1: Guided by the Party) 11-12-2024, 3:00 pm
    Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Part 1: Guided by the Party)
    Directive No. 40-CT/TW issued by the Party Secretariat on strengthening the Party's leadership over policy credit has profoundly transformed the landscape of many rural areas, including Thai Nguyen. However, the most significant achievement after 10 years of implementing Directive No. 40-CT/TW is the shift in awareness among party committees, authorities and society as a whole regarding poverty reduction and ensuring social welfare for vulnerable groups.
  • Getting out of Poverty and Building Wealth with Preferential Loans 11-12-2024, 2:59 pm
    Getting out of Poverty and Building Wealth with Preferential Loans
    In recent years, with preferential loans from the Vietnam Bank for Social Policies (VBSP), thousands of farming households in Lang Son Province have boldly taken loans to expand production and business models. The loans have played a crucial role in helping farmer members improve their economic conditions and rise to prosperity.
  • The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy 20-11-2024, 4:51 pm
    The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
    On the morning of November 20th, a high-ranking delegation from the Central Bank of Cuba, led by Mrs. Juanna Lilia Delgado Portal, Minister and President of the Central Bank of Cuba, visited and worked at VBSP. The delegation was accompanied by representatives from several ministries and sectors, the presidents of some commercial banks in Cuba, representatives from the Cuban Embassy in Vietnam and representatives from the State Bank of Vietnam.
  • The opportunity for individuals who have completed their prison sentences 20-11-2024, 4:16 pm
    The opportunity for individuals who have completed their prison sentences
    After one year of implementing policy credit for individuals who have completed their prison sentences under Decision No. 22/2023/QĐ-TTg dated August 17, 2023 by the Prime Minister, the VBSP Dak Lak branch has helped many former offenders overcome their past, rebuild their lives and become valuable members of the community and society.
  • Summary of the Digital Education Program for Vulnerable Groups in Vietnam 20-11-2024, 3:37 pm
    Summary of the Digital Education Program for Vulnerable Groups in Vietnam
    On the morning of November 6, in Hanoi, the Vietnam Bank for Social Policies (VBSP) and The Asia Foundation held a closing ceremony for the Digital Education Program for Vulnerable Groups in Vietnam. The program is part of Phase II of the project "Mobile Banking Services - Financial Inclusion and Economic Empowerment for Low-Income Individuals and Women in Vietnam".
  • Part 4 - Belief and Aspiration 12-11-2024, 2:44 pm
    Part 4 - Belief and Aspiration
    It can be said that policy capital has played an important role in helping many disadvantaged people rise out of poverty, create stable lives, develop sustainably and affirm the belief in a superior policy.
  • Part 3 - The Journey of Spreading Love 12-11-2024, 2:42 pm
    Part 3 - The Journey of Spreading Love
    In the 10 years of implementing Directive No. 40-CT/TW in Lam Dong Province, with the active involvement of all levels, sectors and mass organizations, social policy credit has proven effective and achieved many important goals. These results have not only brought sustainable value to poverty reduction efforts but also contributed to improving the living standards of local people and promoting the socio-economic development of the province.
  • Part 2 - Building Trust, Multiplying Happiness 12-11-2024, 2:41 pm
    Part 2 - Building Trust, Multiplying Happiness
    The support capital from the Vietnam Bank for Social Policies (VBSP), with preferential interest rates and simple procedures, provided timely and well-targeted investments. This has helped many households gain the resources and confidence to overcome difficulties, achieve sustainable poverty alleviation, improve their family’s prosperity, and contribute to building a more prosperous and beautiful homeland.
  • The Mark of People-Centered Policies (Part 1 - A Lever for Sustainable Poverty Alleviation) 12-11-2024, 2:39 pm
    The Mark of People-Centered Policies (Part 1 - A Lever for Sustainable Poverty Alleviation)
    Over the 10 years of implementing Directive No. 40-CT/TW, dated November 22, 2014, issued by the Secretariat of the Party Central Committee on enhancing the Party’s leadership in social policy credit (Directive No. 40-CT/TW), Lam Dong province has mobilized substantial resources from both central and local levels to carry out social policy credit programs in the area.
  • Part 3 - Building sustainable new countryside 17-10-2024, 1:32 pm
    Part 3 - Building sustainable new countryside
    Tra Vinh has been promoting the strength of great solidarity; mobilizing all resources to sustainably reduce poverty, develop the socio-economy, improve the material and spiritual life of the people, aiming to bring the goal of "New Rural Province" before 2025... On that journey, Directive No. 40/CT-TW has brought a new breakthrough to the Party Committee and the government and is an important policy pillar for the ethnic people in the area to rise up.
  • Part 2 - Devoting passion to helping people 17-10-2024, 1:30 pm
    Part 2 - Devoting passion to helping people
    With the 'policy tool' of preferential credit programs, the strength from Directive No. 40-CT/TW, and the aspirations for innovation of the people, the Party committees and local authorities in Tra Vinh province have recognized opportunities amidst challenges and difficulties to achieve sustainable poverty reduction, economic development, and improved living standards for people.
  • The vitality of Tra Vinh (Part 1 - Mobilizing the strength of great solidarity) 17-10-2024, 1:29 pm
    The vitality of Tra Vinh (Part 1 - Mobilizing the strength of great solidarity)
    Changing mindsets and eliminating poverty from ideology so that people can rise up and escape poverty on their own are important factors that Tra Vinh province has identified in its local poverty reduction efforts. To successfully achieve this goal, it must attract and gather the strength of the great solidarity bloc of ethnic groups, combined with other resources; including resources from VBSP.
  • Motivating women to rise up 11-10-2024, 10:27 am
    Motivating women to rise up
    In recent times, the Women's Union at all levels has played an important role in bringing preferential capital from the State to poor women and other policy beneficiaries in Dak Lak province, helping them develop their economy, escape poverty and improve their lives.
  • Soc Trang uses preferential credit for ethnic minorities to settle down 11-10-2024, 10:26 am
    Soc Trang uses preferential credit for ethnic minorities to settle down
    According to the report of VBSP Soc Trang branch, preferential credit source has contributed to the effective implementation of policies, goals and tasks on poverty reduction in ethnic minority areas.
  • VBSP temporarily suspends interest collection for borrowers affected by storms and proposes to add VND 4,900 billion in policy credit 24-09-2024, 9:34 am
    VBSP temporarily suspends interest collection for borrowers affected by storms and proposes to add VND 4,900 billion in policy credit
    On September 19, Mr. Huynh Van Thuan - Deputy General Director of VBSP said that interest collection for borrowers affected by storm No. 3 (Yagi) and floods will be temporarily suspended until December 31, 2024.
  • Quang Ninh disburses loans to 1,620 households to restore production 24-09-2024, 9:33 am
    Quang Ninh disburses loans to 1,620 households to restore production
    After overcoming the damage caused by storm No. 3 (Yagi), with the sources of central and local capital, VBSP Quang Ninh Provincial Branch promptly disbursed loans to 1,620 households with a total amount of more than VND 108 billion. Among them, there have been many households affected by storm No. 3 to overcome the damage and restore production and business.
  • Policy credit helps people in Sop Cop border area reduce poverty 23-09-2024, 1:44 pm
    Policy credit helps people in Sop Cop border area reduce poverty
    Implementing the National Target Program on Sustainable Poverty Reduction for the 2021-2025 period, Sop Cop district (Son La) has focused resources, especially preferential policy capital to improve the effectiveness of sustainable poverty reduction work in the area.
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PHOTO ARTICLES

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...