Social policy bank contributes to national sustainable development Society

Social policy bank contributes to national sustainable development

The Vietnam Bank for Social Policies (VBSP) was awarded the “Labour Hero in Renewal Period” title for its contributions to promoting sustainable poverty reduction, new-style rural area building and ensuring social welfare policies in the country, at a ceremony on December 21.
Businesses get access to non-interest loan package Business

Businesses get access to non-interest loan package

Forty businesses have received money from the Government’s non-interest loan package of 62 trillion VND (2.7 billion USD) to pay salaries to nearly 1,200 employees who have stopped working due to the serious impacts caused by the COVID-19 pandemic.
Capital convergence helps boost poverty reduction Society

Capital convergence helps boost poverty reduction

The policy of concentrating trusted capital from the local budget to support the poor to the Vietnam Bank for Social Policies (VBSP) has generated a motivation boosting the country’s economic development.
Over 4,000 houses built with social policy credit Society

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).