Solving the 'capital shortage' problem

QTO - After more than 5 months of implementing the increase in loan limits for the employment creation program under Government Decree No. 338/2025/ND-CP, preferential credit capital from the Vietnam Bank for Social Policies (VBSP) branch in Quang Tri province has become a "launching pad" for many agricultural economic models. Many workers have promptly accessed loans from this program to expand production and business, create jobs, and achieve more stable income.

Empowering many breakthrough livelihood models.

On December 25, 2025, the Government issued Decree No. 338/2025/ND-CP detailing some provisions of the Employment Law on policies to support job creation. In early 2026, the decree officially came into effect, with a groundbreaking highlight being the increase in the maximum loan amount for the job creation loan program at the Vietnam Bank for Social Policies to VND 200 million per person for workers and VND 10 billion for production and business establishments.

This adjustment to the loan limit has solved the "capital shortage" problem amidst rising production investment costs. In Quang Tri, the effectiveness of the new capital flow is vividly demonstrated through promising economic models. The guinea pig farming model of Mr. Tran Ngoc Hoa (born in 1990), residing in residential area 1, Phu Vinh, Dong Son ward, is one example. Mr. Hoa is one of the first farmers in Dong Son ward to receive a disbursement of 200 million VND from the provincial branch of the Vietnam Bank for Social Policies under the new loan limit.

Mr. Hoa shared: “I have been raising yellow-cheeked and spotted bamboo rats for several years now, and the total herd has reached 500 animals. Although the market for breeding and commercial bamboo rats is quite stable, I couldn't afford to expand the scale. I received support from the bank, which lent me 200 million VND to invest in a more systematic model.”

The model of raising bamboo rats by Mr. Tran Ngoc Hoa, in Dong Son ward - Photo: ML

Similarly to Mr. Hoa, recently, Mr. Ngo The Bien (born in 1986) in Thu Luat village, Vinh Hoang commune, also received a loan of 200 million VND from the Vinh Linh branch of the Vietnam Bank for Social Policies to expand his model of raising frogs, snakehead fish, and catfish using tarpaulin liners on sand.

Mr. Bien said: "Previously, the maximum loan amount for job creation was only 100 million VND, but now it has doubled, which has helped me to invest, expand production, hire more workers, and broaden my economic model towards a more professional and sustainable direction. In the current period of soaring prices and investment costs, having access to capital with preferential interest rates without having to mortgage assets is very meaningful for rural workers like us."

Not only Mr. Bien, but in Vinh Hoang commune, social welfare credit has been contributing to changing the face of the rural economy. To date, the entire commune has 658 customers borrowing capital from the job creation program with a total outstanding debt of over 52.4 billion VND, of which 121 customers have accessed loans under the new credit limit to invest in farming, livestock breeding and services.

According to Mr. Phan Ngoc Khoa, Chairman of the People's Committee of Vinh Hoang commune, increasing the loan amount from the Job Creation Program from the beginning of 2026 not only promptly meets actual needs but also creates conditions and motivation for people to change their mindset, innovate production, and contribute to the economic restructuring of the locality.

Pillars of sustainable poverty reduction

The proactive and decisive actions of the Vietnam Bank for Social Policies (VBSP) system and the government at all levels have helped the capital from this program quickly spread widely.

According to a report from the Quang Tri branch of the Vietnam Bank for Social Policies (VBSP), as of May 31, 2026, the total outstanding loan balance for the job creation program throughout the province reached over 612.2 billion VND. Many branches have disbursed a high amount of funds under this program, including the head office, Quang Trach, Ba Don, Bo Trach, Vinh Linh, Gio Linh, Cam Lo, and Trieu Phong branches. The increase in outstanding loans reflects both the significant demand for self-employment among the people and the bank's and local authorities' ability to quickly process loan applications under the new policy.

It is evident that increasing loan limits under Decree No. 338/2025/ND-CP has been realizing the economic development aspirations of workers in Quang Tri province. The effectiveness of practical models over the past five months has contributed to affirming that social policy credit capital continues to be a solid pillar for sustainable poverty reduction and social security in the area.

To continue implementing this loan program effectively, the provincial branch of the Vietnam Bank for Social Policies (VBSP) is deploying a comprehensive set of solutions. Specifically, the unit will strengthen the connection between transaction offices and local authorities, entrusted associations and organizations, and savings and loan groups to review and ensure loan capital reaches the intended beneficiaries; promptly utilize funds from the central and local governments; and accelerate the recovery of overdue debts to ensure capital turnover. In addition, the unit will strengthen regular inspections and monitoring of loan projects to ensure that people use the funds for the intended purpose and maximize economic efficiency.

Mai Lam

Source: https://baoquangtri.vn/xa-hoi/202606/giai-bai-toan-khat-von-00455fb/