Thanh Phu’s Economic Growth Fueled by Policy Bank Support

The Vietnam Bank for Social Policies (VBSP) in Thanh Phu district plays a crucial role in supporting local economic development. By providing preferential loans to households, individuals, and small businesses, VBSP Thanh Phu contributes to boosting production, business activities, and job creation.

The Role of VBSP Thanh Phu in Local Development

VBSP Thanh Phu focuses on supporting policy beneficiaries, poor and near-poor households, and vulnerable groups. Diverse preferential credit programs are implemented, targeting various sectors such as agriculture, aquaculture, small-scale industries, and services. This facilitates easier access to capital for residents, enabling household economic development and contributing to sustainable poverty reduction.

The Importance of Policy Credit in Thanh Phu

As a coastal district, Thanh Phu’s economy relies heavily on agriculture and fisheries. Access to preferential loans from VBSP Thanh Phu is therefore vital. These loans enable fishermen to invest in modern fishing equipment and enhance their productivity. For farmers, loans facilitate investment in agricultural production, the application of new technologies, and increased crop yields.

VBSP supporting fishermen in Thanh Phu

Key Credit Programs of VBSP Thanh Phu

VBSP Thanh Phu implements various credit programs tailored to the needs of different groups. Key programs include loans for agricultural production, aquaculture, rural industries, poor households, and students. Each program has different interest rates and loan conditions, designed to best meet the needs of the people.

Dedicated Support for Thanh Phu Residents

Bank staff at VBSP Thanh Phu work diligently to guide residents through the loan application process, answer questions, and provide timely support. They act as a vital bridge between the bank and the people, ensuring that credit policies reach the intended beneficiaries.

VBSP staff consulting with a resident in Thanh Phu

VBSP Thanh Phu’s Impact on the Local Economy

VBSP Thanh Phu has significantly contributed to improving people’s lives and promoting local economic development. Thanks to access to preferential loans, many households have escaped poverty, increased their income, and improved their living conditions. The bank’s activities also drive the development of traditional industries, contributing to the socio-economic stability and development of Thanh Phu district.

Future Expectations for VBSP Thanh Phu

In the future, VBSP Thanh Phu is expected to continue playing a crucial role in supporting local economic development. Diversifying credit programs, enhancing service quality, and expanding the beneficiary base will enable VBSP Thanh Phu to further contribute to the sustainable development of Thanh Phu district.

Conclusion

VBSP Thanh Phu plays a vital role in supporting economic and social development in the locality. Through preferential credit programs, the bank has helped many people access capital, develop production and business activities, improve their lives, and contribute to sustainable poverty reduction.

For support, please contact Phone: 0968239999, Email: [email protected] Or visit us at: No. TT36 – CN9 Road, Tu Liem Industrial Zone, Phuong Canh Ward, Nam Tu Liem District, Hanoi. We have a 24/7 customer service team.