Policy credit at Vietnam Bank for Social Policies’ Dong Nai branch exceeds VND 12.1 trillion

On January 10, the Vietnam Bank for Social Policies (VBSP) branch in Dong Nai province held a Workers' Conference, unveiling its task implementation plan for 2026. The conference aimed to evaluate the results of task performance in 2025, while reaching consensus on key objectives and solutions for 2026.

The Workers' Conference and task implementation for 2026 of the VBSP branch in Dong Nai province. Photo: Hoang Loc

In 2025, the VBSP branch in Dong Nai province promptly carried out its assigned tasks, ensuring that social policy credit operations remained smooth, safe, and effective following the reorganization of administrative units and the implementation of the two-tier local government model. These efforts made a positive contribution to the overall performance of the VBSP system and to the implementation of national target programs on sustainable poverty reduction, new-style rural development, social security, and socio-economic development in the province.

The Board of Directors of the VBSP branch in Dong Nai province casts ballots to elect the bank’s People’s Inspection Board. Photo: Hoang Loc

In 2025, the bank branch proactively advised Party committees and authorities at all levels to effectively implement central government policies. As a result, social policy credit activities continued to receive intense attention and engagement from the entire political system, mobilizing substantial resources from local budgets alongside central funds, thereby better meeting the borrowing needs of the poor and other policy beneficiaries.

As of December 31, 2025, local budget funds entrusted through the VBSP totaled over VND 2.3 trillion, accounting for more than 19% of the total funding. This data represents an increase of over VND 507 billion compared to the early part of 2024 and fulfills 169 percent of the year’s target. The total capital of the entire branch reached VND 12.1 trillion, a 14.7 percent increase, while total outstanding loans also stood at VND 12.1 trillion, with 212,500 customers maintaining outstanding balances.

Delegates attend the Workers' Conference and task implementation for 2026 of the VBSP branch in Dong Nai province. Photo: Hoang Loc

Thanks to social policy credit capital, more than 67 thousand poor households and policy beneficiaries accessed over VND 4.1 trillion in loans to develop production and business activities and meet essential needs in 2025.

Le Ba Chuyen, Director of the VBSP branch in Dong Nai province, delivers remarks at the conference. Photo: Hoang Loc

In his keynote address at the conference, Le Ba Chuyen, Director of the VBSP branch in Dong Nai province, called on the entire system to focus on implementing six key task groups in 2026. These include proactively advising Party committees, authorities, and the Provincial Board of Representatives of the VBSP Board of Directors to effectively carry out directives, resolutions, and the VBSP development strategy through 2030; removing bottlenecks and creating favorable conditions for social policy credit activities; and prioritizing the allocation of entrusted capital for poor households, policy beneficiaries, and social housing development.

At the same time, he emphasized the need for coordinated reviews to ensure accurate targeting of beneficiaries, timely disbursement, efforts to fulfill targets for outstanding loan growth and capital mobilization, and improvements in the quality of commune-level transaction activities, credit performance, and debt recovery.

Le Ba Chuyen, Director of the VBSP branch in Dong Nai province, presents awards to collectives and individuals with outstanding achievements in 2025. Photo: Hoang Loc

The Director of the provincial VBSP branch also called for strengthened efforts in personnel organization, emulation, and commendation, with appropriate staff placement and performance evaluation to promptly encourage employees. He emphasized the need to enhance inspection and supervision, accelerate the application of information technology and digital transformation, and ensure system safety and effective management. Each cadre, Party member, and employee was encouraged to continually improve their professional qualifications, strictly adhere to regulations, maintain the sector’s image, foster a strong sense of responsibility and solidarity, and remain determined to successfully complete their assigned tasks.

Vo Trong Hoa, Deputy Director of the VBSP branch in Dong Nai province, presents awards to collectives and individuals with outstanding achievements in 2025. Photo: Hoang Loc

On this occasion, the bank commended numerous collectives and individuals for their outstanding achievements in 2025.

By Hoang Loc – Translated by Dang Huyen, Minho