Deputy Prime Minister Vuong Dinh Hue asked the VBSP to increase lending under poverty alleviation programmes such as credit for the poor, labour export schemes and economic projects.
Soft loans for poor households from the Vietnam Bank for Social Policies have helped lower the poverty rate in the Central Highlands to 7.34 percent, according to the Steering Committee for the region
The Vietnam Bank for Social Policies (VBSP) has disbursed over 2.5 trillion VND (112.5 million USD) to help locals address the aftermath of the extensive severe cold and snow in early 2016.
Students in difficulty nationwide could get preferential loans from the Vietnam Bank for Social Policies (VBSP) with a maximum amount of 1.25 million VND (54 USD) per month from January 9.
The Vietnam Bank for Social Policies (VBSP) has reported its total outstanding debt in 2015 at nearly 143 trillion VND (6.4 billion USD), up more than 10 percent compared to 2014.
The Vietnam Bank for Social Policies (VBSP) has provided preferential loans for around 2.6 million poor and near-poor families in the Northwestern region.
Preferential loans from the Vietnam Bank for Social Policies have helped lift 121,000 households in the Central Highlands region out of poverty since 2013.
The Vietnam Bank for Social Policies (VBSP) will officially provide services via mobile phone to better serve the demand of customers, as heard at a workshop in Hanoi on August 26.
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