Expanding the number of preferential loan recipients
Ms. Nguyen Thi Hoa, a worker at Morito Da Nang Co., Ltd., said that many union members and workers face difficulties in accessing credit packages from the Vietnam Bank for Social Policies (VBSP). Specifically, the company's Trade Union is currently implementing a loan policy (limit of 200 million VND/person) for the purpose of buying, repairing houses, treating diseases and studying. However, current regulations make workers from other provinces and cities not eligible for loans.
Ms. Hoa reflected: "Many immigrants coming to Da Nang to work, even though they are union members, want to settle down here but cannot borrow.
Many workers also hope that the city will simplify loan conditions. Instead of focusing on household registration or residential area, policies should be prioritized based on union member status and the actual contribution process of workers. Accessing preferential capital sources not only helps them solve difficulties in housing and tuition fees for children but is also practical support for workers to feel secure and stick with the city for a long time.
Banks focus capital on supporting housing and employment
Mr. Hoang Thanh Lan - Deputy Director of Da Nang City Social Policy Bank Branch informed that the unit is currently managing 26 programs with a total outstanding debt of 15,900 billion VND, focusing on supporting vulnerable groups, including a large number of trade union members and workers.
Mr. Lan said that in the coming period, the City VBSP will prioritize resources for two key areas: job creation and social housing. Specifically, the job creation loan package has a limit of 200 million VND/person, while 630 billion VND has been specifically allocated to disburse to eligible subjects to borrow to buy social housing.
Regarding the proposal to expand the target group for out-of-province workers, Mr. Hoang Thanh Lan affirmed that the bank will closely coordinate with Trade Union levels to review regulations. According to him, the upcoming orientation is to adjust the conditions on household registration, prioritizing based on the status of union member so that all workers with actual contributions in the city can access capital sources. The Vietnam Bank for Social Policies is committed to simplifying the process, bringing capital flow to the right beneficiaries in the fastest way so that workers can soon have conditions to stabilize their lives and settle down in Da Nang.
