On the morning of November 11, at the 4th Session (Special Session) of the 10th Da Nang City People's Council, term 2021-2026, the City People's Council approved Document No. 180/Tr-UBND dated November 8, 2025 of the City People's Committee on adding capital entrusted through the City Social Policy Bank Branch to lend to restore production and business, stabilize the lives of people in areas affected by natural disasters and floods in 2025 and provide loans to support job creation, maintenance and expansion of jobs.
According to the City People's Committee, as of October 2025, the total capital entrusted from the city budget through the Da Nang Social Policy Bank Branch reached more than 3,589 billion VND, of which 97.75% of the total capital has been disbursed. In 2025 alone, the city has increased its entrusted capital by VND400 billion, including VND170 billion from the old Quang Nam and VND230 billion from the old Da Nang.
In the first 10 months of the year, the branch has lent more than VND 4,377 billion to more than 60,000 poor households and policy beneficiaries, of which VND 1,289 billion is the capital entrusted from the city budget. However, after the recent historic flood, more than 26,900 households were severely affected, with outstanding loans affected up to more than 1,066 billion VND.
To help people restore production and stabilize their lives, the City People's Committee proposed that the City People's Council add an additional 200 billion VND in entrusted capital, both to meet the demand for loans to restore the economy and to support the creation, maintenance and expansion of jobs. This capital source is determined to be public investment capital according to the provisions of the State Budget Law and the Public Investment Law, under the decision-making authority of the City People's Council.
The City People's Committee also proposed to allow the transfer and adjustment of the 2025 public investment capital plan from projects and works that are slow to disburse or have not fully used the capital plan to create a source for implementation through the Social Policy Bank.
This additional entrusted capital is not only to provide emergency support to people in disaster-affected areas, but also contributes to the effective implementation of social security policies, promoting the disbursement of public investment capital according to the direction of the Government and the Prime Minister.
Millions of arms turn to compatriots affected by storms and floods
Consecutive storms and floods have caused many deaths, missing and injuries; many houses and production and business establishments have had their roofs blown off and suffered heavy damage. People across the northern mountainous provinces and the central provinces are struggling to cope with floods and heavy losses in human lives and property due to floods and thunderstorms.
"A piece of food when hungry is worth a package when full", with the spirit of mutual love that has always been a beautiful image of the Vietnamese people, the Golden Heart Social Charity Fund calls on domestic and foreign philanthropists to join hands to share with people affected by floods to have food, clothing, shelter, students have books to go to school...
The Golden Heart Social Charity Fund would like to sincerely thank the precious feelings of agencies, businesses, and domestic and foreign philanthropists.
Please send any help to: Golden Heart Social Society Fund, No. 51 Hang Bo, Hoan Kiem, Hanoi. Phone: 024.39232756. Account number (STK): 113000000758 at Vietinbank Hoan Kiem Branch, Hanoi. STK: 0021000303088 - at Vietcombank - Hanoi Branch, STK: 12410001122556 - at BIDV - Hoan Kiem Branch. Or scan the following QR code:
