Vinh Phuc bolstering effectiveness of social policy credit Society

Vinh Phuc bolstering effectiveness of social policy credit

Together with State investment, capital from social policy credit has been one of the most important factors that help many people in the northern province of Vinh Phuc escape from poverty, stabilise their lives, and earn higher incomes in recent years, contributing to ensuring social welfare.
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).
Policy credit supports poor households Society

Policy credit supports poor households

The capital amounts may be small to many urban families but thanks to them, those in rural and ethnic minority areas have escaped poverty and enriched themselves. ​