Improve the quality of social policy credit in the whole province

According to the report of the Provincial People's Committee on the implementation of the Social Policy Bank Development Strategy to 2030, period 2021-2025 in Tay Ninh province, with the motto "No one is left behind", local Party committees and authorities have focused on synchronous and effective implementation of poverty reduction work to help the lives of the poor gradually improve and achieve long-term stability. The poverty rate in the whole province has decreased from 1.05% (8,371 poor households) in 2021 to 0.32% (2,842 poor households) after the merger of the province.

To synchronously and effectively implement Decision No. 05/QD-TTg dated January 4, 2023 of the Prime Minister, the Provincial People's Committee has issued an Implementation Plan to promote the effectiveness and efficiency of the organizational model and method of managing specific policy credit capital, suitable to the reality of Tay Ninh province. At the same time, in order to develop the Social Policy Bank (SPB) Branch of Tay Ninh province in a stable, sustainable direction, with enough capacity to implement preferential credit policies in the area and tasks assigned by superiors, promoting an active role in implementing national target programs, creating jobs, ensuring social security in the province, the Provincial People's Committee has directed the departments, branches, members of the Board of Directors of the Provincial SSP, Party committees and local authorities based on the functions and tasks of managing the assigned sectors and fields to coordinate and organize the implementation of specific tasks and solutions on the SSP Development Strategy to 2030 in the province. In the period of 2021-2025, Tay Ninh has implemented 05 specific goals on the SSP development strategy, including:

Effectively implement the organizational model and method of managing specific policy credit of the Vietnam Bank for Social Policies. Maintain and promote the effectiveness of the direct lending method with the delegation of some work contents in the lending process through 04 socio-political organizations (Women's Union, Farmers' Association, Veterans' Association and Youth Union); organize transactions at Transaction Points; coordinate with the authorities of communes, wards, and socio-political organizations receiving commune-level delegation to establish Savings and Loan Groups in hamlets and neighborhoods.

As of August 31, 2025, 04 entrusted socio-political organizations are coordinating to manage 99.74% of total outstanding credit, with a balance of VND 11,683 billion; of which: Women's Union manages VND 4,350 billion, accounting for 37.23%; Farmers' Association manages VND 4,133 billion, accounting for 35.37%; Veterans' Association manages VND 1,747 billion, accounting for 14.96%; Youth Union manages VND 1,453 million, accounting for 12.44%. The Tay Ninh Provincial Bank for Social Policies Branch and the Bank for Social Policies Transaction Offices have coordinated with local Party committees and authorities to establish and organize transactions at Transaction Points throughout the province. Transaction activities at Transaction Points are organized seriously and effectively with the method of "Transactions at home, disbursement and debt collection at the commune". The organization at Transaction Points of the People's Credit Fund has created a service system close to the people, saving costs and travel time for people, local authorities, political and social organizations to have conditions to monitor the bank's activities, access and grasp the thoughts and aspirations of the people, contributing to building a government close to the people, people close to the government.

The establishment of 5,352 Savings and Loan Groups in each hamlet and neighborhood in the whole province and the implementation of operations at the grassroots level contribute to ensuring the lending target is correct, borrowers are convenient in implementing loan processes and procedures, improving the efficiency of policy credit capital management, in addition to helping each other in the process of using capital, having conditions to share and help each other in life, arousing the spirit of solidarity, rising up to escape poverty, contributing to sustainable poverty reduction, ensuring social security and building new rural areas in the province.

Expanding credit policy credit through the Vietnam Bank for Social Policies, promptly meeting the needs of poor and near-poor households and other policy beneficiaries in the province.

Strengthening resources for the Provincial Social Policy Bank Branch to implement social policy credit programs, policy credit capital has grown remarkably, with a stable growth rate over the years, with each year being higher than the previous year. By August 31, 2025, the total policy credit capital reached VND 11,931 billion, an increase of VND 5,601 billion compared to 2020, with an average annual growth rate of 13.51%. The Provincial Party Committee, People's Council and People's Committee are interested in and create conditions to arrange local budget resources entrusted to the Provincial Social Policy Bank Branch to lend to poor households and other policy beneficiaries in the whole province. By August 31, 2025, the total local entrusted capital reached 1,680 billion VND, accounting for 14.08% of the total capital, an increase of 1,265 billion VND compared to 2020, with an average annual growth rate of 32.26%/year. In addition, the Vietnam Fatherland Front Committees at all levels promoted contributions to the "For the Poor" Fund, opened a "For the Poor" Fund account at the Vietnam Bank for Social Policies to supplement capital for social policy credit, at the provincial branch of the Vietnam Bank for Social Policies, with an amount of 2,693 million VND.

Implementing well the social policy credit programs assigned by the Government and credit programs assigned by local authorities; 100% of the poor and other policy subjects with needs and conditions have access to financial products and services provided by the VBSP. Social policy credit capital has been invested in 100% of communes and wards in the whole province, in which priority is given to ethnic minority areas, remote and isolated areas. In the period of 2021-2025, affected by the Covid 19 epidemic, but with the initiative, drastic direction and timely and effective advice of relevant departments, branches and units, especially the Provincial Branch of the Vietnam Bank for Social Policies, the implementation of lending policy credit programs ensured the completion of 100% of the assigned plan targets, creating conditions for 362,776 poor households and other policy beneficiaries to borrow capital, with loan turnover reaching over 14,659 billion VND.

By August 31, 2025, the total outstanding balance of policy credit programs reached VND 11,714 billion, an increase of VND 5,389 billion compared to 2020, the average outstanding balance growth rate reached 13.12%, with 17 policy credit programs that have been and are being deployed for lending, with 244,160 households with outstanding loans, policy credit programs ensure comprehensive support for many aspects of rural people's lives and implement the criteria for new rural construction, social policy credit capital has contributed to increasing income, creating jobs; developing the economy and organizing production effectively, producing in the direction of goods; improving people's intellectual level, improving the ability to absorb and apply scientific and technical advances, improving living conditions for people in rural areas. Policy credit capital has been invested in 100% of communes in the province, with special priority given to communes in ethnic minority, remote, border areas. Social policy credit has made an important contribution to poverty reduction in Tay Ninh, with many creative ways to help eliminate multidimensional poverty and reduce the rate of poor households in the province.

Along with the rapid implementation of credit programs for the poor and other policy beneficiaries in the province, the Party Committee, the government, and the socio-political organizations entrusted at all levels of the province have coordinated to persistently and resolutely implement many synchronous solutions to continuously consolidate and improve credit quality in the province; at the same time, close coordination between relevant agencies and units has reviewed, confirmed, and promptly handled risky debts due to objective reasons, ensuring accuracy, timeliness, transparency, and true reflection of credit quality, creating conditions for additional capital sources to support people to continue investing, restore production, business, and stabilize their lives. With the good application and implementation of the organizational model and specific credit management methods with the participation of the entire political system, along with the persistent and synchronous implementation of solutions, it has contributed to maintaining, consolidating, and improving the quality of social policy credit in the whole province. The ratio of overdue debt and frozen debt as of August 31, 2025 accounts for 0.39% of total outstanding debt, of which overdue debt accounts for 0.22% of total outstanding debt, ensuring the target of overdue debt ratio below 2% of total outstanding debt. Thereby, contributing to the good implementation of the goal of preserving and developing capital for the State.

Strengthening the Party's leadership over social policy credit: Every year, local budgets entrust capital sources to lend to the poor and other policy beneficiaries; the Vietnam Fatherland Front and socio-political organizations perform the role of social supervision and criticism. Party committees, authorities, the Fatherland Front and socio-political organizations at all levels in the province have strengthened leadership, direction, dissemination, dissemination and implementation to create high unity in awareness of the position and role of social policy credit. Thereby, affirming that social policy credit is a creative solution with profound humanity, making an important contribution to the implementation of national target programs and socio-economic development of the province; demonstrating the Party's viewpoint on sustainable, creative, inclusive development, economic development associated with social development, economic growth coupled with social progress and equity; taking people as the center, leaving no one behind; is the driving force and resource for policy beneficiaries to actively and proactively participate in production and business development, improving their lives. The province focuses capital sources originating from the state budget and of a state budget nature on the Social Policy Bank; local entrusted capital has been arranged in the medium-term public investment plan for the Provincial Social Policy Bank Branch. Every year, local budgets at all levels have arranged entrusted capital to the Provincial Social Policy Bank Branch for lending to the poor and other policy beneficiaries, the following year is always higher than the previous year (2021: 114 billion VND; 2022: 158 billion VND; 2023: 157 billion VND; 2024: 423 billion VND; 2025: 416 billion VND), completing and exceeding the central plan targets.

Building a team of operational staff of the Social Policy Bank, part-time staff, coordinating the implementation of social policy credit with professional capacity, professional ethics, and adequate skills to perform tasks well; deploying the application of information technology, the digital transformation plan of the Social Policy Bank. Fully deploying the products and services of the Social Policy Bank; promoting the effectiveness of inspection, review, analysis, and warning of credit risks. In the period of 2021-2025, Party committees, Party committees, and authorities at all levels have strengthened the inspection, examination, and supervision of organizations, individuals, and Social Policy Bank branches at all levels on the management of social policy credit capital, mobilization, and use of social policy credit capital in the locality; strictly implementing the conclusions and recommendations of competent agencies, promptly overcoming and correcting existing problems and errors in the process of implementing social policy credit in the province. The provincial branch of the Social Policy Bank advises on the effective implementation of inspection and supervision work of the Board of Directors of the Social Policy Bank at all levels; improves the capacity to forecast, analyze and warn of credit risks; promotes the application of information technology, digital transformation, banking modernization; improves professional management capacity and professional ethics to build a team of prestigious staff with an advanced, modern, dedicated, devoted working style, close to the people, serving the people. With the motto of action "Understanding the people's hearts, wholeheartedly serving, improving efficiency, sustainable development".

Regarding the goals, tasks and solutions to implement the development strategy of the Vietnam Bank for Social Policies for the period 2026-2030, Tay Ninh continues to develop the Vietnam Bank for Social Policies Branch in Tay Ninh province in a stable and sustainable direction, with enough capacity to implement preferential credit policies in the area and tasks assigned by superiors, promoting an active role in implementing national target programs on sustainable poverty reduction, new rural construction and ensuring social security in the province.

Specific targets are set, including: Continuing to maintain and effectively implement the organizational model and method of managing special policy credit of the VBSP. Increasing resources for the provincial VBSP branches to implement social policy credit programs; increasing annual credit capital growth by about 10%; gradually increasing the proportion of capital from the state budget and capital mobilized from local organizations and individuals. Effectively implementing social policy credit programs assigned by the Government and credit programs entrusted by localities, organizations and units; 100% of the poor and other policy beneficiaries with needs and conditions have access to financial products and services provided by the VBSP. The overdue debt ratio is below 2% of total outstanding debt. Continue to balance and prioritize the allocation of capital from the local budget entrusted through the provincial branch of the Vietnam Bank for Social Policies to supplement capital for loans to the poor and other policy subjects, strive to annually entrust local capital sources of about 15% - 20% of the growth in outstanding social policy credit and by 2030, locally entrusted capital sources account for at least 15% of the total capital sources for implementing social policy credit in the area. Train and foster human resources for implementing policy credit with quality, professional ethics, and adequate knowledge and skills to meet the requirements of the task. Improve the quality, effectiveness and efficiency of the inspection and supervision system to ensure the safety and effectiveness of social policy credit activities. Applying information technology, modernizing banks to serve social policy credit management activities, serving policy subjects, contributing to the implementation of the Government's national digital transformation program and the Information Technology Strategy of Vietnam's banking sector to 2030./.

Source: https://www.tayninh.gov.vn/tin-ubnd/nang-cao-chat-luong-tin-dung-chinh-sach-xa-hoi-tren-dia-ban-toan-tinh-1023686