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Vietnam Bank for Social Policies

VBSP to roll out interest cuts worth VND3 trillion this year

VBSP to roll out interest cuts worth VND3 trillion this year

The State Bank of Vietnam (SBV) has been working around the clock to ensure the smooth implementation of an interest rate package cut through the Vietnam Bank of Social Policies (VBSP).
State Bank of Vietnam draft regulations on social housing lending cause controversy.

State Bank of Vietnam draft regulations on social housing lending cause controversy.

The State Bank of Vietnam (SBV) has proposed that commercial banks not be allowed to provide preferential loans to low-income people seeking to purchase, lease and lease-purchase social houses.
Businesses get access to non-interest loan package

Businesses get access to non-interest loan package

Forty businesses have received money from the Government’s non-interest loan package of VNĐ62 trillion (US$2.7 billion) to pay salaries to nearly 1,200 employees who have stopped working due to the serious impacts caused by the COVID-19 pandemic.
Nearly 38 billion worth of G-bonds raised

Nearly $38 billion worth of G-bonds raised

The Government bond notes were backed by the Vietnam Bank for Social Policies (VBSP) with maturity of 15 years.