Vietnam Bank for Social Policies: Supporting Young Entrepreneurs

“Small savings make great wealth,” an old saying that remains true, especially when it comes to building a career. But to “save small,” sometimes we need a little “push” from supportive policies, and the Vietnam Bank for Social Policies (VBSP) is a solid foundation for those who are nurturing their entrepreneurial dreams.

Vietnam Bank for Social Policies – A Helping Hand for All Aspirations

What is VBSP? What is its Role?

VBSP is unlike other commercial banks; it carries the special mission of being a conduit for state capital to reach the poor and other policy beneficiaries. Imagine VBSP as a sturdy “bridge,” connecting preferential loan sources to those who need capital to develop their economy and rise out of poverty.

Who is Eligible for VBSP Loans?

Are you a poor or near-poor household, a young person wanting to start a business, or an ethnic minority living in a remote or isolated area? If the answer is “Yes,” then congratulations, you are entirely eligible for preferential loans from VBSP!

“Attractive” Loan Programs at VBSP

VBSP implements a variety of loan programs, from supporting job creation, developing production and business, student loans, to housing loans. Each program has its own distinct advantages, suitable for the needs and conditions of each target group.

“Golden” Benefits When Borrowing from VBSP

“Soft” Interest Rates, Flexible Loan Terms

The biggest advantage of borrowing from VBSP is the “soft” interest rate compared to commercial banks. Besides, the flexible loan terms allow borrowers to be more proactive in revolving capital and repaying debts.

Simple and Fast Procedures

VBSP always strives to simplify loan procedures, shorten disbursement time, helping people access capital easily and conveniently.

“Life-Changing” Stories from VBSP Loans

Nguyen Van A, a young man in Hoai Duc district, Hanoi, once struggled with the desire to open a wood workshop. Thanks to a preferential loan from VBSP, his dream came true. The workshop is growing, creating jobs for many local workers. Mr. A’s story is just one of many beautiful pieces about VBSP’s companionship in the journey of people’s advancement.

Need Support with VBSP Loans?

To receive more detailed and specific advice on loan programs, you can directly contact the VBSP branch in districts in Hanoi such as Cau Giay, Ha Dong, Long Bien… or visit the official VBSP website for information.

Let VBSP accompany you in building your future!

You want to learn more about:

• What is the content of monetary policy?
• Documents on poverty reduction policies
• Vehicle license plate information lookup

Please contact us for more details:

Phone Number: 0968239999

Email: [email protected]

Address: No. TT36 – CN9 Road, Tu Liem Industrial Zone, Phuong Canh Ward, Nam Tu Liem District, Hanoi.