News & Events
VBSP: Poverty reduction by brain and by heart
(VBSP News) Providing policy credit as an important channel for poverty reduction, VBSP has been awarded the Labour Hero in renovation title.

VBSP's policy credit has contributed to poverty reduction throughout the country
Shining light on Vision 2045 for a thriving Vietnam, at the national online conference summarising poverty reduction activities in 2016-2020, Prime Minister Nguyen Xuan Phuc said that the cause must be championed by both brain and heart.
“Poverty reduction is a task of great social significance. Most people having incomes and decent life prove the correctness of leadership,” said the premier.
On behalf of the Party and the state, the PM conveyed thanks to all those who are working diligently day and night to help needy people improve their living, and pupils to continue going to school, striving for a better life.
He recalled that despite the limited budget, the National Assembly and the government have doubled investment in the poverty reduction cause in 2016-2020, compared to the previous period.
In fact, 21 per cent of the state budget was directed to social well-being, the highest level among ASEAN members. In COVID-19 times, Vietnam had policies to directly support 13 million people at different levels.
Shining light on Vision 2045 for a thriving Vietnam, at the national online conference summarising poverty reduction activities in 2016-2020, Prime Minister Nguyen Xuan Phuc said that the cause must be championed by both brain and heart.
“Poverty reduction is a task of great social significance. Most people having incomes and decent life prove the correctness of leadership,” said the premier.
On behalf of the Party and the state, the PM conveyed thanks to all those who are working diligently day and night to help needy people improve their living, and pupils to continue going to school, striving for a better life.
He recalled that despite the limited budget, the National Assembly and the government have doubled investment in the poverty reduction cause in 2016-2020, compared to the previous period.
In fact, 21 per cent of the state budget was directed to social well-being, the highest level among ASEAN members. In COVID-19 times, Vietnam had policies to directly support 13 million people at different levels.
vir.com.vn
- More than 214,000 households access policy loans
- The Duy Xuyen branch of VBSP disbursed 136.8 billion VND to 1,953 households
- Veterans effectively utilize policy-based credit funds
- Krông Nô unleashes its internal potential for sustainable poverty reduction
- Policy credit: A cornerstone of sustainable development
- Giving opportunities and instilling confidence in reformed offenders in Dak Lak
- Policy credit "plants" livelihoods in coastal areas
- Policy credit "awakens" the value of traditional craft villages in Nghe An province
- Policy credit funds help the Khmer people develop their economy
- Policy credit empowers vulnerable groups improve their livelihood
- Infographic: 10-year implementation of development strategy of VBSP
- World Bank Remarks at the Conference on reviewing the Development Strategy of VBSP for the 2010-2020 period and receiving the title "Hero of Labor" in the Renovation period
- Development strategy of VBSP for the 2011-2020 period: 10 years and big steps foward
- Effects from social housing loan program
- 6 million people escaped from poverty after 5 years
- The positive impact of policy credit to the development of craft villages
- A leader of Saving and Credit group played a prominent part in VBSP operation system
- Bac Giang boosts disbursement, promotes efficiency of preferential loans
- Prime Minister appoints SBV Governor as Chairperson of VBSP’s Board of Directors
- Policy credit plays an important role in poverty reduction and build new rural areas in Lao Cai province
- Giving opportunities and instilling confidence in reformed offenders in Dak Lak
- Policy credit "awakens" the value of traditional craft villages in Nghe An province
- Digitalization of policy credit for the poor and other vulnerable segments to contribute to the national comprehensive finance strategy
- Saving Money to Help the Poor
- 47,454 poor households and other policy beneficiaries acess inclusive finance in Nghe an province during first six months
- more than 6.7 million customers reach preferential loans from VBSP
- Phu Tuc Commune Branch of VBSP disbursed over 142.39 billion VND for vulnerable clients in first six months
- Nearly 44,000 poor households and other policy beneficiaries access VBSP loans in Dong Nai during six first months
- Standardizing the operations of the Social Policy Bank system
- VBSP Announces Appointment of New General Director
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