The Central Highlands province of Gia Lai, home to 34 ethnic minority groups, has implemented effectively numerous policies on socio-economic and cultural development in areas inhabited by ethnic minority groups.
Poor children and families in border and remote areas in the Mekong Delta province of Long An and the Central Highlands province of Dak Lak received support during charitable events on June 10-11.
Total debt for basic construction in the new-style rural area building programme was reduced to about 9.55 trillion VND (434 million USD) at the end of 2016 from over 15.27 trillion VND (694 million USD) early last year
Hanoi is attempting to reduce the rate of poverty by 1.3 percent, equivalent to 27,000 poor households, in 2016, with preferential policies.
Activities of the Vietnam Women's Union (VWU)’s chapter in the central province of Thanh Hoa over the last five years have contributed to promoting the nation’s new-style rural area building.
The Mekong Delta province of Hau Giang will provide housing loans worth 108 billion VND (4.7 million USD) for nearly 3,600 disadvantaged households in the locality between now and 2020.
Each production and business household in disadvantaged areas nationwide from March 15 is able to borrow up to 50 million VND (2,170 USD), instead of the maximum loan of 30 million VND (1,300 USD).
The Vietnam Bank for Social Policy (VBSP) set this year’s credit growth rate of 8 percent, according to the bank’s plan for 2016.
A credit policy that allows families who have just escaped from poverty within the last three years to receive preferential loans is proving effective in localities nationwide.
Government-enacted credit policies dedicated to impoverished families nationwide had given preferential loans worth over 38.4 trillion VND (1.71 billion USD) to more than 1.8 million needy households
As many as 3.6 million households have escaped from poverty while 12 million people have found employment as direct and indirect outcomes of preferential loans from the Vietnam Bank for Social Policy.
Phase II of Prime Minister Nguyen Tan Dung’s newly approved programme for providing housing support to the poor will be implemented in 2016, according to the Vietnam Bank for Social Policy (VBSP).
