Households in disadvantaged areas can borrow up to VND 100 million for business and production.
20-06-2023, 2:46 pm
Deputy Prime Minister Le Minh Khai has just signed Decision No. 17/2023/QD-TTg dated June 5, 2023 of the Prime Minister, amending and supplementing a number of articles of Decision No. 31/2007/QD-TTg dated March 5, 2007 on credit for production and business households in disadvantaged areas (Decision No. 17/2023/QĐ-TTg).
- VBSP's Trade Union worked with the Korean Finance Union delegation 15-06-2023, 2:14 pm
Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
26-05-2023, 4:00 pm
(VBSP News) The Forum "Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam" is organized by Vietnam Bank for Social Policies (VBSP) and the Asia Foundation (TAF) with the funding support from the Australian Department of Foreign Affairs and Trade (DFAT) on the morning of May 23 in Hanoi. The Forum aims to increase awareness of digital finance in promoting financial inclusion in Vietnam through sharing the results of the project "Mobile Banking - Financial inclusion and economic empowerment for low-income people and women in Vietnam” (Mobile Banking project).
- Nearly 485,000 households provided with social policy bank loans in Q1 24-04-2023, 4:18 pm
- Newsletter Vol 4.2023 24-04-2023, 10:50 am
VBSP SmartBanking launched for the poor and low-income
31-03-2023, 11:06 pm
To conduct the goal of "Leaving no one behind", VBSP branch in Ha Nam province has officially launched the Mobile Banking product to better serve the policy credit tasks for the poor, policy beneficiaries and other customers in need of e-banking services, contributing to achieving the target of the National Strategy on Financial Inclusion and Digital Transformation by year 2030; the National Goals on sustainable poverty reduction, new rural development and ensuring social security.
The exposure visit of the Nepal delegation of ASDP in Vietnam
21-03-2023, 8:44 am
(VBSP News) Within the framework of the membership relationship of the Asia Pacific Rural and Agricultural Credit Association (APRACA), on March 14, 2023, in Hanoi, VBSP had a meeting and worked with the delegation of the Agricultural Sector Development Program (ASDP) - Nepal, led by Secretary of Ministry of Agriculture and Livestock Development Govinda Prasad Sharma. VBSP Deputy General Director Nguyen Thi Hang and representatives of some operational departments at VBSP Headquarters worked with the delegation.
Improve policy credit quality through the model of Savings and Credit groups
13-03-2023, 3:52 pm
(VBSP News) The model of savings and credit groups (SCGs) is established to gather the poor and other vulnerable groups who have borrowing demand from VBSP for improving business and production. The SCGs purpose is aimed at group member helping altogether, sharing experience lessons in production, observing loan use and repayment reminders. Ly Nhan district transaction office of Ha Nam province VBSP branch has conducted several measures for improving the network of quality of SCGs, contributing to better policy credit for the poor and other disadvantaged groups.
- Provide inclusive financial schemes for the poor and disadvantaged groups 24-02-2023, 9:43 am
Contribution to the implementation of the National Target Program on new rural construction and sustainable poverty reduction in the 2021-2025 period
23-02-2023, 8:45 am
(VBSP News) The implementation of the national target programs for sustainable poverty reduction and new rural construction in Ha Nam province has been contributed significantly by the policy credit programs implemented by the VBSP branch in Ha Nam province. From 2021 up to now, VBSP continues to actively advise Party committees and authorities at all levels and closely coordinate with entrusted mass organizations to well implement key credit programs, actively contributing to the implementation of the goal of sustainable poverty reduction, building new rural areas and ensuring social security.
New house for people in remote areas
03-02-2023, 11:25 am
(VBSP News) New and spacious houses were handed over to people in Tra Bung village, Tra Bong district (Quang Ngai) to welcome the Lunar New Year. In a remote place of the old Tay Tra district, which has now been merged into Tra Bong district, people still feel the sharing of many units and localities on the reunion day of the New Year.
Timely funding for people to rise up and change their lives
01-02-2023, 4:17 pm
(VBSP News) In recent years, policy credit activities have played a very important position and role in the effective implementation of policies on poverty reduction, job creation, new rural construction, and social security assurance, contributing to the socio-economic development of Dai Loc district (Quang Nam).
VBSP held an online meeting in early 2023
30-01-2023, 2:15 pm
(VBSP News) In the exciting atmosphere of the first working day of the new Lunar New Year 2023, on the morning of January 27, 2023 in Hanoi, Secretary of the Party Committee of VBSP, Member of the Board of Directors - General Director Duong Quyet Thang chaired the online briefing session in early spring at VBSP and 63 VBSP branches. Standing Deputy Governor of the State Bank of Vietnam Dao Minh Tu attended and wished a Happy New Year to the VBSP staff.
- VBSP's journey in poverty reduction over the past 20 years 17-01-2023, 10:40 am
- Performance results of VBSP in 2022 13-01-2023, 2:59 pm
Tea farmers escape from poverty thanks to VBSP’s loans
10-01-2023, 10:59 am
(VBSP News) With the loans from VBSP, thousands of poor households in Thai Nguyen province have had conditions to expand production, develop business, create jobs, step by step to stabilize their lives, thereby, contributing to the realization of poverty reduction goals, building new rural areas and civilized cities in the locality.
20 YEARS ON THE JOURNEY OF POVERTY REDUCTION - For a prosperous and happy Vietnam
29-12-2022, 3:28 pm
(VBSP News) The document of the 13th National Party Congress has set out a dual goal: "Sustainable reduction poverty associated with the encouragement of getting rich reasonably". Thus, successfully implementing such goal is a specific way to realize the aspiration for a prosperous Vietnam. It is the inner strength for the country to develop quickly and sustainably in the coming time. This also posing challenges for the implementation of social policy credit, which in the past time, VBSP has been well aware of and there have been steps from operation to policy implementation in linewith the country's economic development.
20 YEARS ON THE JOURNEY OF POVERTY REDUCTION - Creating inner strength for the development of the country
29-12-2022, 3:17 pm
(VBSP News) In 20 years of establishment and development, with the cooperation and participation of the whole socio-political system in social policy credit implementation, Vietnam Bank for Social Policies (VBSP) has promoted its role as an economic leverage tool for the Government to help the poor, near-poor households and other policy beneficiaries to access policy credit to develop production, create jobs, raise income, improve living conditions, rise out of poverty, contributing to the realization of the goal of "Rich people - strong country - democracy - justice - civilization".
- WB highly appreciates the operation model of VBSP 02-12-2022, 10:17 am
VBSP's operating model should be learned and replicated by others countries
02-12-2022, 10:14 am
(VBSP News) As a part of the International Workshop on "Pro-Poor Rural and Agricultural Finance Best Practices: Experiences of Vietnam", recently, the senior delegation of Asia-Pacific Rural Agricultural Credit Association (APRACA) led by Dr. Prasun Kumar Das - Secretary General had a field visit to learn about VBSP's activities. The delegation gave positive evaluations about the operation model of VBSP.
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- Creating jobs in Kien Giang province
- Creating livelihoods for the poor
- About 2,500 households in Binh Phuoc province tried to escape poverty
- Escaping poverty thanks to policy credit
- Hunger eradication and poverty reduction in Hoa Binh province
- Policy credit accompanied with economic development
- Effective uses of preferential credit in Phu Yen Province
- Part III - Continue to improve the quality of policy credit
- Part II "Life changed" thanks to policy credit
- Effectiveness of policy credit in Bac Kan (Part I – Accompanying with the poor and other policy beneficiaries).
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