Disadvantaged residents in Northwest benefit social funds
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.
Customers use services at Vietnam Bank for Social Policies (Source: VNA)
Hanoi (VNA)🌃 – 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, allowing 363,000 of them to escape from poverty, according to the bank.
The preferential loans have also supported the construction 712,000 clean water and sanitation works and 152,000 houses for the needy in the region.
Meanwhile, 128,000 people have found employment and 228,000 poor students could maintain their study as supported by the bank’s financial assistance.
By November 30, outstanding loans for the Northwestern region reached over 29.2 trillion VND (1.3 billion USD), representing an average growth rate of 15 percent and accounting for 20.8 percent of the country’s lending.
The Northwest is considered the poorest region in Vietnam and consists Hoa Binh, Son La, Lai Chau, Dien Bien, Yen Bai, Lao Cai, Lang Son, Tuyen Quang, Phu Tho, Bac Kan, Cao Bang, Ha Giang and part of Nghe An and Thanh Hoa provinces.-VNA
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.
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).
More than 30,000 low-income families were given access to preferential loans worth 1.06 trillion VND (48 million USD) after a month spent implementing a decision by Prime Minister Nguyen Tan Dung.
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
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.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the agency’s centre for digital contents and communications (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
The Mekong Delta province of Tien Giang is intensifying efforts to combat illegal, unreported and unregulated (IUU) fishing as part of the country’s goal of having the European Commission’s “yellow card” warning lifted.
Throughout its 80-year history, the VNA has remained at the forefront of information dissemination. It has consistently delivered timely, accurate, and objective reports on both domestic and international events, serving the Party’s leadership, the State’s management, and the public’s demand for official news.
With strong support from local authorities, businesses, organisations, and residents, the province has successfully built or repaired 10,707 homes for disadvantaged households, including war veterans, families of martyrs, ethnic minority people, and low-income residents.
Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
Founded in 1842, the Vienna Philharmonic is regarded as a cultural ambassador of Austria, with prestigious conductors like Mahler and Karajan who shape its legacy. Its New Year’s Concert, broadcast to over 90 countries annually, stands as a global symbol of classical music excellence.
PM Chinh lauded the press’s historic role in the nation’s fight for independence and its ongoing process of national development, affirming that the Government always highly appreciates the close partnership and steadfast support of press agencies and journalists nationwide.
In recent decades, Vietnam’s mainstream media has become a reliable and persuasive channel for showcasing the nation’s development policies and achievements, especially in economic matters, according to a senior assistant editor at the Times of India.
A hub for sharing best practices, the event aims to forge solutions for financial sustainability, public media contracts, audience engagement, content innovation, and newsroom restructuring. It is also a moment for Vietnam’s media to accelerate its progress and figure out what the “revolutionary press” means in a new era.
From “Thanh nien”, Vietnam’s first revolutionary newspaper founded by Nguyen Ai Quoc (later President Ho Chi Minh) on June 21, 1925, the revolutionary press has remained devoted to its sacred missions -accompanying the nation, serving the Fatherland, and working for the people.
The official launch of Emirates’ Dubai–Da Nang route on June 2 has sparked a “tourism revolution” for Vietnam’s central coastal city. Da Nang is emerging as a top destination for high-end travelers, particularly from the lucrative Middle Eastern market.
Bernama CEO Datin Paduka Nur-ul Afida Kamaludin said VNA has been a consistent and reliable partner in OANA, contributing actively to the regional media landscape through content sharing, coordination, and policy discussions. Their coverage of ASEAN and Indochina issues adds valuable perspectives. Bernama appreciates the collaboration with VNA.
In this era of global integration and digitalisation, the press must adopt modern multimedia models to not only meet increasing information and communication demands but also align with the broader socio-economic development of the country.
A master plan on implementation of recommendations accepted by Vietnam under the fourth cycle of the Universal Periodic Review (UPR) of the United Nations Human Rights Council (UNHRC) took effect on June 17.
Customers use services at Vietnam Bank for Social Policies (Source: VNA)
