Total outstanding loan balance under the social policy credit programmes amounted to 398.1 trillion VND, up 8.3% from 2024, with more than 6.73 million poor, near-poor, and other policy beneficiary households currently holding debts.
According to the Viet Nam Bank for Social Policies (VBSP), the country currently operates 9,970 transaction points, ensuring safe, efficient, and smooth operations. In 2024, total credit capital reached over 376 trillion VND—an increase of nearly 30 trillion VND from 2023. Of this, entrusted capital from local budgets stood at 50.681 trillion VND, accounting for 13.5%.
Entrusted capital transferred to the VBSP included funding under National Assembly Resolution No. 111/2024/QH15 on specific mechanisms and policies for implementing national target programmes, which amounted to 2.141 trillion VND across 20 provincial and municipal branches. Notably, entrusted capital rose significantly in branches such as Ha Noi, Ho Chi Minh City, Quang Ninh, Hai Phong, Hai Duong (former), Binh Duong (former), Cao Bang, and Binh Thuan (former).
In 2024, total loan turnover reached 119.507 trillion VND, providing loans to 2.321 million poor, near-poor, and other policy beneficiary households. By the end of 2024, total outstanding debt reached 367.631 trillion VND, an increase of 35.708 trillion VND (10.8%) from 2023, with nearly 6.89 million clients remaining indebted. Total overdue and rescheduled debt across the system stood at 2.05 trillion VND, accounting for 0.56% of total outstanding debt.
Social policy credit capital in 2024 supported production and business investment, creating jobs for over 712,000 workers, including more than 9,300 labourers working overseas under fixed-term contracts and nearly 7,000 former inmates reintegrated into the workforce.
It also enabled over 88,500 disadvantaged students to access loans for study, financed the construction of nearly 1.76 million rural clean-water and sanitation projects, 1,143 houses for poor households to stabilise their lives, and over 6,200 social housing units for low-income groups.
