Press Release
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.
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.
VNA
- Annual Report 2023
- The VBSP’s Board of Directors (BOD) held its regular meeting for the fourth quarter of 2024
- Annual Report 2022
- VBSP implements tasks for the year 2025
- Credit policies under Decision 22 for ex-prisoners to rebuild lives in Ha Nam
- Households in disadvantaged areas can borrow up to VND 100 million for business and production.
- VBSP's Trade Union worked with the Korean Finance Union delegation
- Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
- Nearly 485,000 households provided with social policy bank loans in Q1
- Newsletter Vol 4.2023
- Press Release: VBSP support water supply and rural sanitation for community health
- Press Release: More supports needed for higher effectiveness of lending to migrant workers
- Press Release: Social security policies - Role of National Assembly
- Press Release: VBSP contributes for poverty reduction and social security in Vietnam
- Press Release: Increase the loan size – Create more job opportunities for the youth
- Press Release: VBSP's credit - 13 years accompanying with the poor
- Press Release: Expectations from the lending program for social housing under Decree 100 of the Government
- Press Release: In 2016, VBSP continues providing loans for poor ethnic minority households
- Loan limit for disadvantaged students increased
- Press Release: Responsible finance to ethnic minority households - Difficulties and challenges

- VBSP's Preferential Loan Scheme for Social Housing
- Journey of Poverty Reduction in Lang Son
- Leveraging Sustainable Livelihoods
- Quang Nam Widely Expands Policy Credit
- Policy credit as driving force for local economic development
- Conditions and preferential policies for loans to buy social housing in 2025
- DONG HOA - PHU HOA: Preliminary review of policy credit activities in the first quarter of 2025
- District 12 eradicates poverty with effective social policy credit programs
- How policy credit fuelled Ho Chi Minh City’s 50-year rise
- Enhance training on Cyber Safety and Security for VBSP’s customers
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|