The Vietnam Bank for Social Policies (VBSP) is reducing the lending interest rates for its credit programmes to support the people in overcoming difficulties and stabilising their lives, effective from December 1, 2025.
More than 2 million poor households won access to loans worth over VND80 trillion (US$3.52 billion) from the Vietnam Bank for Social Policies (VBSP) last year.
Nearly 1.3 million poor and near-poor households had got access to loans from the Vietnam Bank for Social Policies (VBSP) to cope with COVID-19 in the first half of this year.
As of March, more than 6.4 million poor and near-poor households had won access to loans from the Vietnam Bank for Social Policies (VBSP).
Prime Minister Nguyen Xuan Phuc has affirmed the significant role played by the Vietnam Bank for Social Policies (VBSP) in the country’s poverty alleviation efforts.
The Vietnam Bank for Social Policies (VBSP) said it is providing loans for 6.4 million poor and near-poor households.
A seminar took place in Hanoi on December 11 to collect feedback on a report on HIV-infected women’s access to the Vietnam Bank for Social Policies (VBSP)’s loans.