Inspection and supervision delegation of the Board of Directors of the Vietnam Bank for Social Policies worked with the Representative Board of the Board of Directors of the Vietnam Bank for Social Policies of Quang Ngai province.

On the afternoon of October 23, the Inspection and Supervision Delegation of the Board of Directors of the Vietnam Bank for Social Policies (VBSP) led by Mr. Nguyen Manh Tu, Member of the Board of Directors, Head of the VBSP Supervisory Board, had a working session with the Board of Directors of the VBSP in Quang Ngai province on the activities of the Board of Directors and the Provincial Branch of the VBSP. Vice Chairman of the Provincial People's Committee, Head of the Board of Directors of the Provincial Branch of the VBSP Nguyen Ngoc Sam received and worked with the Delegation.

The inspection and supervision delegation of the Board of Directors of the Vietnam Bank for Social Policies worked with the Representative Board of the Board of Directors of the Vietnam Bank for Social Policies of Quang Ngai province.

Reporting at the meeting, the Director of the Provincial Branch of the Vietnam Bank for Social Policies said that as of September 30, 2025, the total capital reached VND 11,344 billion, an increase of more than VND 869 billion compared to December 31, 2024, a growth rate of 8.3%. Of which, the balanced capital transferred from the Central Government reached nearly VND 9,187 billion, accounting for 80.98% of the total capital, an increase of VND 529 billion compared to the beginning of the year, a growth rate of 6.12%; the capital mobilized locally with interest rate subsidy from the Central Government reached VND 1,129 billion, accounting for 9.95% of the total capital, an increase of VND 53,327 million compared to the beginning of the year; the balanced capital at the local level reached VND 1,028 billion, accounting for 9.07% of the total capital, an increase of VND 286 billion compared to the beginning of the year, reaching 212.5% ​​of the plan.

Director of the Provincial Branch of the Vietnam Bank for Social Policies reported at the meeting

In the first 9 months of the year, loan turnover reached over VND 2,939 billion, debt collection turnover reached over VND 1,519 billion. Total outstanding debt of credit programs as of September 30, 2025 reached VND 11,323 billion, with 177,630 customers with outstanding debt, a growth rate of 8.23%, reaching 91.3% of the 2025 growth plan. Policy credit capital has helped 50,734 poor households and other policy beneficiaries access preferential loans, contributing to promoting socio -economic development and implementing national target programs in the province.

Of which, 2,403 poor households, 5,921 near-poor households, and 3,238 newly escaped-poverty households were able to borrow capital to develop the economy, stabilize their lives, and escape poverty sustainably; create jobs for 14,489 workers; support 258 students with difficult circumstances to borrow capital to study, and 13 students, graduate students, and researchers in science , technology, engineering, and mathematics were able to borrow capital according to Decision No. 29/2025/QD-TTg of the Prime Minister.

Vice Chairman of the Provincial People's Committee Nguyen Ngoc Sam spoke at the meeting

Speaking at the working session, Vice Chairman of the Provincial People's Committee Nguyen Ngoc Sam emphasized that the inspections and supervisions of the activities of the VBSP in the locality are opportunities to analyze and evaluate objectively and comprehensively the implementation of social policy credit; thereby promptly adjusting, overcoming limitations, promoting operational efficiency, ensuring that policy credit truly becomes a bright spot in social security work, meeting the requirements of supporting vulnerable groups and contributing to the sustainable socio-economic development of the province.

Member of the Board of Directors, Head of the Supervisory Board of the Vietnam Bank for Social Policies Nguyen Manh Tu concluded the working session.

Concluding the meeting, Mr. Nguyen Manh Tu, Member of the Board of Directors, Head of the Supervisory Board of the Vietnam Bank for Social Policies, acknowledged the attention and close direction of Quang Ngai province in implementing the Secretariat's Directives on social policy credit. At the same time, he requested that in the coming time, the Vietnam Bank for Social Policies province continue to closely coordinate with associations and unions to expand and synchronously deploy preferential credit programs and products, helping poor households, near-poor households and vulnerable groups have more opportunities to access capital, improve and enhance their lives; strictly manage lending groups, avoid interruptions, preserve capital well, and proactively deploy new credit products.

It is recommended that provincial-level associations and unions regularly review and improve the team of key staff and the Standing Committee of commune- and ward-level associations to improve the effectiveness of grassroots operations, strengthen management and support savings and loan groups to operate in accordance with regulations.

Source: https://quangngai.gov.vn/tin-tuc/doa-n-kie-m-tra-gia-m-sa-t-cu-a-ho-i-dong-ng-quan-n-tri-nhcsxh-vie-c-vo-i-ban-da-i-die-n-ho-i-dong-ng-quan-n-tri-nhcsxh-ti-nh-.html