Total TDCS capital nationwide is over 410,857 billion VND. Local budget capital entrusted through the VBSP for lending reached 61,427 billion VND. Total outstanding TDCS debt reached 389,388 billion VND, with more than 6.8 million customers with outstanding debt. Thereby, it has supported production and business development, created jobs for more than 404,000 workers, including workers working abroad under contracts and people who have completed their prison sentences... contributing to economic stability and development, ensuring social security, effectively implementing the National Target Programs on sustainable poverty reduction and new rural construction. Representatives of localities participating in the conference expressed their agreement and approval of the TDCS program results achieved in the past 5 months of the entire VBSP system, contributing to promoting socio -economic development and sustainable poverty reduction nationwide; At the same time, it is recommended that the Central Bank for Social Policies pay attention to allocating capital for the job creation loan program to meet the huge needs of households.
TDCS capital helps the garment processing facility in Trung Nhut ward, Thot Not district maintain production activities and attract local workers.
After listening to opinions and proposals from localities, Ms. Nguyen Thi Hong, Governor of the State Bank of Vietnam , Chairwoman of the Board of Directors of the VBSP, suggested that in the coming time, the VBSP should continue to advise local Party committees and authorities at all levels to effectively implement Directive No. 39-CT/TW on improving the effectiveness of social credit in the new period; develop a roadmap for allocating local budget capital entrusted through the VBSP to ensure that by 2030 it reaches at least 15% of total capital; coordinate reporting to the Government to allow the VBSP to use debt collection capital for state-funded credit programs that have expired to lend to social credit programs at the VBSP. At the same time, she suggested that the Vietnam Fatherland Front at all levels continue to deploy and expand the "For the Poor" Fund campaign; urge and supervise the VBSP at all levels to open "For the Poor" Fund accounts at the VBSP to supplement credit capital; Coordinate with local authorities and the People's Credit Fund to strengthen and improve the quality of credit activities...
In Can Tho City, by the end of May 2025, the city's budget capital transferred to the Social Policy Bank for entrusted loans of over VND 929 billion. Loan turnover was over VND 757.6 billion, with 13,788 households borrowing. Total outstanding loans of TDCS were over VND 4,928.9 billion, with 96,635 households borrowing, completing over 56.8% of the assigned growth target. TDCS capital helped 207 households in need of developing production and business; 7,599 workers had jobs; 19 people who completed their prison sentences had jobs and integrated into the community... Socio-political organizations at all levels have promoted their role in effectively managing capital, guiding and mobilizing members to use capital for the right purposes, contributing to family economic development, reducing the poverty rate, and improving the quality of life.
Mr. Pham Van Kiet, Director of the Transaction Office of the Social Policy Bank of Thoi Lai District, said that the loan turnover in the first 5 months of 2025 was over 83.3 billion VND, with 1,764 borrowers; outstanding loans were over 603.7 billion VND, with 14,367 households still in debt. Of which, the loan turnover for the job creation program was over 32.2 billion VND, with 558 borrowers; outstanding loans were nearly 213.5 billion VND, with 4,853 borrowers still in debt. Mr. Mai Dong Khoi, Dinh Khanh B Hamlet, Dinh Mon Commune, has 9 hectares of Monthong durian being harvested, with an income of over 1 billion VND/year. With a loan of 50 million VND plus accumulated capital, Mr. Khoi renovated 20 hectares of rented land, planted 400 new Mon thong durian trees, and installed an automatic irrigation system. Mr. Khoi said: “I researched, learned and applied the technique of producing durian fruit in the off-season to increase productivity and future profits. Farmers today want to “win” by being proactive and innovative.”
Ms. Ha Thi Kim Lien, owner of a fashion dress processing facility in Trang Tho B area, Trung Nhut ward, Thot Not district, said that the facility has been operating for nearly 4 years, with 10 regular workers. Abundant source of goods, stable work, average income from 6 million VND/person/month, not including overtime. Ms. Kim Lien confided: "I opened a sewing facility mainly to support middle-aged women to stabilize their jobs, develop family economy, and make progress in life. I was able to borrow 50 million VND to cover monthly expenses". Currently, the loan turnover of the job creation program in Thot Not district is over 58.1 billion VND, with 1,279 workers borrowing; outstanding debt is nearly 282.5 billion VND, with 7,701 workers still in debt.
In the remaining months of 2025, the City Branch of the Vietnam Bank for Social Policies will actively collect due debts and mobilize capital sources, including taking advantage of central capital sources, promoting the receipt of entrusted capital from local budgets, mobilizing deposits from organizations and individuals, promptly meeting the capital needs for disbursement of social policy programs. At the same time, reviewing and increasing investment levels for subjects using capital effectively, having the need to expand production and business models, attracting labor; OCOP products, etc.
Article and photos: ANH PHUONG
Source: https://baocantho.com.vn/nguon-von-hieu-qua-viec-lam-ben-vung-a187531.html
Comment (0)