VBSP Danang Branch Director Discusses Policy Credit Disbursement in Vietnam
1 report, 1 independent
Updated Oct 6
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What happened
Doan Ngoc Chung serves as the director of the Danang Branch of the Vietnam Bank for Social Policies (VBSP). The branch utilizes policy credit to support the establishment and expansion of production and business activities, often involving women as beneficiaries. According to VBSP data, in 2025, the Danang Branch disbursed loans totaling $78.72 million to 26,774 customers through the Vietnam Women’s Union.
From vir.com.vn
Why it matters
The scale of policy credit deployment is significant, with outstanding loans managed through the Vietnam Women’s Union reaching $6.69 billion. This funding supports small-scale production and business ventures, demonstrating the bank's role in deploying policy credit nationwide.
From vir.com.vn
Who's involved
- ChungDirector of the Danang Branch of the Vietnam Bank for Social Policies (VBSP).
- VBSPVietnamese bank deploying policy credit nationwide.