While acknowledging certain progress in social housing construction, the Government leader noted that results have yet to meet expectations.

On behalf of the Party Central Committee’s Secretariat, its permanent member Tran Cam Tu on October 30 signed Directive No. 39-CT/TW on improving the effectiveness of social policy credit in the country’s new phase of development.

The Vietnam Bank for Social Policies (VBSP) has announced that it will suspend collection of loan interest from borrowers affected by Typhoon Yagi and the subsequent flooding until December 31.

Social policy credit has been a “highlight”, and a “pillar” in the system of policies aimed at alleviating poverty and ensuring social security, meeting the desire of the people, particularly impoverished and disadvantaged groups, over the past decade, Prime Minister Pham Minh Chinh said on August 14.

Resolution No. 43/2022/QH15, a landmark fiscal and monetary policy package enacted by the 15th National Assembly during an extraordinary session in early 2022, has yielded positive outcomes in supporting Vietnam's socio-economic recovery and development.

Over 45,600 new jobs were created in Hanoi in the first quarter of this year, representing 27.6% of the annual target and a 2.3% year-on-year increase.

The Vietnam Bank for Social Policies (VBSP) announced that capital that local government budgets entrusted to the bank for implementing social credit programmes so far this year has surpassed 5 trillion VND (196.96 million USD), exceeding the 2024 annual target.

The Governor of the State Bank of Vietnam (SBV) and representatives from some ministries, credit institutions and businesses will meet online on November 13 to look into the implementation of the Prime Minister’s dispatch on the real estate market.

Starting from October 10, those who have completed their prison sentences will be eligible for preferential loans worth up to 100 million VND (4,100 USD) each from the Vietnam Bank for Social Policies (VBSP), which is expected to help them begin anew, reintegrate into the community and enrich themselves.

Over the past 21 years, loan support from the Vietnam Bank for Social Policies (VBSP) has met the needs for capital of the poor and social policy beneficiaries across the country, contributing to the socio-economic development of localities.

The Vietnam Bank for Social Policies (VBSP), in collaboration with the National Institute of Hematology and Blood Transfusion (NIHBT), recently held a voluntary blood donation event with the spirit of "One drop of blood given - One life saved", spreading the humanitarian movement, on the occasion of the VBSP’s 21st founding anniversary (October 4).

Efforts to enable poverty reduction in the southern region are to be pushed ahead in the coming time to help better the lives of ethnic minority groups in the area.

The State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised nearly 235 trillion VND (9.8 billion USD) in the first eight months of this year, the Hanoi Stock Exchange (HNX) has announced.

The Hanoi Stock Exchange (HNX) held 30 auctions of Government bonds and government-guaranteed bonds with a total volume of 33.2 trillion (1.4 billion USD) in July.

The Vietnam Bank for Social Policies (VBSP), the Asian Foundation, and Mastercard held a seminar in Hanoi on May 23 on enhancing digital finance and promoting comprehensive finance for vulnerable groups in Vietnam, under the auspices of the Australian Department of Foreign Affairs and Trade.

Some 485,000 poor and near-poor households gained access to loans from the Vietnam Bank for Social Policies (VBSP), worth about 21.86 trillion VND (932.17 million USD) in total, in the first three months of this year.

The Mekong Delta province of Long An has taken effective measures to eradicate poverty.

Credit growth reached about 13% this year as of December 27, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu told a press conference in Hanoi on tasks for the banking sector next year.

Financial policies for socio-economic growth and development in the new context is the theme of the annual Vietnam Finance Forum 2022 held in the central city of Da Nang on November 25.

The Hanoi Stock Exchange (HNX) held 30 auctions of Government bonds (G-bonds) in October, with 55.66% of the total G-bonds on offer, worth 31.45 trillion VND (1.26 billion USD) sold.