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Press Release

Updated: 2016-11-07 22:15:34

Press Release: Address the aftermath of unexplained death of fisheries and seafood

Vietnam Bank for Social Policies (VBSP) has just issued the official telegram on addressing the aftermath of unexplained death of fisheries and seafood to Ha Tinh, Quang Binh, Quang Tri, Thua Thien-Hue branches.

Cá chết bất thường không rõ nguyên nhân trôi dạt vào bờ. (Ảnh: Trần Tĩnh/TTXVN)

                                 Unexplained fish death (Source: Tran Tinh - VNA)

There are recently the unexplained death of fisheries and seafood in the coastal areas of Ha Tinh, Quang Binh, Quang Tri, Thua Thien Hue, which causes badly damages to people’s living, including losses of policy credit of VBSP caused by death of fisheries and seafood and damages to relevant production, business and services providing.  

 For adequate and timely treatment on credit risk due to the death of seafood and fisheries and support the poor and policy beneficiaries to overcome difficulties and stabilize life, VBSP has issued the official telegram to request the branches Ha Tinh, Quang Binh, Quang Tri, Thua Thien Hue to work with localities, savings and credit groups and the borrowers to evaluate the damages caused by the death of fisheries and seafood. Based upon the damages extent of each loan, VBSP branch collaborates with relevant agencies to help the borrowers to prepare the dossiers for credit risk treatment under the prevailing regulations. At the same time, record the demand on supplementing loan to transform the production fields after the death of seafood and fisheries.

 For addressing the aftermath involving with the dead of seafood and fisheries, VBSP branch will report the Chairperson of the People’s Committee, the Head of Representative Unit of BOD at accordingly level on the treatment on credit risk and extending additional loans to transform the production fields.





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