Society

Bank asked to do more for the poor

The Vietnam Bank for Social Policies has been asked to actively design a credit system appropriate to the poverty reduction work in the new era in order to better meet the borrowing demands of poor households and policy beneficiaries.
Society

Hanoi’s poverty reduction efforts hailed

The capital city of Hanoi is taking the lead nationwide in poverty reduction with local poor households cut by half to 40,000 over the last five years, said a report by the municipal People’s Committee.
Business

Bank offers loans to support overseas workers

Vietnamese guest workers now have to make an initial deposit of 100 million VND (4,760 USD) if they want to work in Seoul. Nguyen Van Ly from the Vietnam Bank for Social Policies, told VNA that his bank was willing to lend that sum to low-income people.
PM: Poverty reduction remains top priority Politics

PM: Poverty reduction remains top priority

The Party and State always give top priority to hunger elimination and poverty reduction so the Vietnam Bank for Social Policies (VBSP) needs to improve the effectiveness of credit programmes designed for the work, Prime Minister Nguyen Tan Dung has said.