(AG Provincial E-Portal) - On the morning of June 5, the Board of Directors of the Vietnam Bank for Social Policies (VBSP) held an online conference with its representative boards at all levels to evaluate the implementation of social policy credit tasks in the first five months of 2025 and to set directions for the remainder of the year. The meeting was chaired by Nguyen Thi Hong, Member of the Party Central Committee, Party Secretary, Governor of the State Bank of Vietnam, and Chairwoman of the VBSP Board of Directors. Vice Chairman of the An Giang Provincial People's Committee, Le Van Phuoc, and members of the provincial VBSP Representative Board attended the meeting from the An Giang location.
In the first five months of 2025, closely following the directives of the Party Secretariat, the Government, the Prime Minister, the State Bank of Vietnam, and the VBSP Board of Directors, representative boards at all levels effectively carried out their assigned political tasks. Their operations remained safe and efficient, yielding several notable results.
In An Giang, during this period, the total loan disbursement reached VND 1,244.4 billion, benefiting 18,010 poor households and other policy beneficiaries—an increase of VND 805.6 billion compared to the same period in 2024. The provincial branch of the Vietnam Bank for Social Policies is currently implementing 20 social credit programs, with a total outstanding balance of VND 6,140.8 billion, marking an increase of VND 596.3 billion year-on-year
In her directive speech at the conference, Ms. Nguyen Thi Hong acknowledged and commended the achievements of the VBSP Representative Boards at all levels during the early part of the year. She expressed her expectation that these boards would continue to effectively implement Directive No. 39-CT/TW dated October 30, 2024, issued by the Party Secretariat, regarding the enhancement of social policy credit effectiveness in the new period.
She also emphasized the importance of implementing necessary tasks related to the restructuring of the political system’s organizational apparatus—ensuring that such changes do not disrupt the delivery of social policy credit at the grassroots level.
Furthermore, the Governor urged a stronger mobilization of deposits from organizations and individuals in the market to promptly meet capital disbursement needs for social credit programs. Disbursement must be carried out swiftly, in line with the 2025 credit growth plan set by the Prime Minister. This effort aims to effectively support national target programs on sustainable poverty reduction, new-style rural development, and socio-economic advancement in ethnic minority and mountainous areas during the 2021–2025 period.
Reported by My Linh
Translated by Kim Thuan
