Social policy credit key in sustainable poverty reduction
Over the 10 years of implementing Directive No. 40-CT/TW dated November 22, 2014, by the Secretariat of the 11th Party Central Committee, more than 21 million households have received preferential loans for production and business development, helping over 3.1 million households be lifted from the poverty line.
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Social policy credit helps ensure people’s livelihood, development
The Ho Chi Minh National Academy of Politics (HCMA) and the Bank for Social Policies on August 16 co-organised a workshop on the role of social policy credit in ensuring the livelihood and development of people, especially the poor and other social policy beneficiaries.
Twenty years doing social policy credit wholeheartedly
Officially launched and put into operation on October 4, 2002, the Viet Nam Bank for Social Policies - as the "extension arm" of the Government - has worked hard to bring preferential capital to the poor and other policy beneficiaries – in a 20-year journey full of hardship, sweat and even tears of thousands of officials and employees in the system.
Social policy credit helps lift 2.1mn households out of poverty
Over the last five years, more than 2.1 million households have sustainably escaped from poverty thanks to social policy credit, which is said to be an important pillar of the national target programme for sustainable poverty reduction.
Over 4,000 houses built with social policy credit
Social policy credit helped to build more than 4,000 houses, along with over 1.2 million safe water supply and sanitation facilities in rural areas in 2019, according to the Vietnam Bank for Social Policies (VBSP).
Social policy credit lifts 2 million ethnic minority families out of poverty
Social policy credit has lifted more than 2 million ethnic minority households out of poverty as of August 31, said Director General of the Vietnam Bank for Social Policies (VBSP) Duong Quyet Thang at a conference in Hanoi on September 25.
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