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Viet Nam Bank for Social Policies

Govt rolls out interest-free loans for companies to pay salaries

Govt rolls out interest-free loans for companies to pay salaries

The Viet Nam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments.
Bank offers soft loans to businesses to pay COVID-19-impacted workers

Bank offers soft loans to businesses to pay COVID-19-impacted workers

The Viet Nam Bank for Social Policies (VBSP) has allocated VND31.6 billion (US$1.36 million) to 207 enterprises to pay the wages of 8,529 labourers who lost their jobs due to impact of the COVID-19 pandemic.
Mobile banking helps the poor access financial services

Mobile banking helps the poor access financial services

Financial education has helped poor households and policy beneficiaries access and use financial products and services, thus promoting comprehensive finance, attendees heard at a conference held in Ha Noi on Tuesday.
Mobile banking project launched for low income people and women

Mobile banking project launched for low income people and women

Viet Nam Bank for Social Policies (VBSP) on Friday officially launched the project “Mobile Banking – Financial Inclusion and Economic Empowerment for Low Income People and Women in Viet Nam” - Phase 2 (Mobile Banking 2).
Government bonds lose their sheen

Government bonds lose their sheen

Though the interest rates on government bonds with maturity terms of one to 15 years have increased in recent times, there seems to be little appetite for them among investors.
Banking sector works on funding for farmers

Banking sector works on funding for farmers

The banking sector needs more solutions providing bigger fund for the agriculture and the rural area for sustainable development in the future, according to experts.
Guaranteed bonds raise VND150 billion

Guaranteed bonds raise VND150 billion

The Viet Nam Bank for Social Policies (VBSP) raised VND150 billion (US$6.5 million) at the latest auction of Government-guaranteed bonds on the Ha Noi Stock Exchange (HNX) held on Monday. 
First mobile banking for the poor launched

First mobile banking for the poor launched

The Viet Nam Bank for Social Policies (VBSP) yesterday launched a mobile banking service designed to improve the access of disadvantaged people.