Opening up livelihoods thanks to preferential loans
In Luc Sy Thanh commune, Mr. Huynh Van Duc once encountered many difficulties due to long-standing longan gardens with low yields, unstable prices, unstable incomes, and unsustainable family life.
Through the job creation loan program, Mr. Duc was able to borrow 25 million VND, combined with accumulated capital to renovate 3,000 m2 of garden, switching to growing jackfruit in the direction of long-term investment.
Thanks to diligent care and correct application of techniques, the jackfruit garden grew well, giving stable harvests after 3 years, bringing steady income, and creating more seasonal jobs for local workers.
Mr. Duc said that without preferential loans, his family would hardly have conditions to convert crops. "Thanks to policy capital, I boldly invested, and my jobs and income are now more stable than before," Mr. Duc shared.
In the same locality, Mr. Pham Van Hanh has access to a loan of 100 million VND to invest in taking care of a long-standing star apple garden, expanding the area of newly planted purple star apples and further developing cattle breeding.
According to Mr. Hanh, the loan capital helps the family boldly invest more methodically, the garden yields profitable harvests, the cattle herd develops stably, and the family's economy gradually improves significantly.
With capital, I am assured to invest long-term, still maintain monthly savings deposits and proactively plan to repay debts on time," Mr. Hanh said about the effectiveness of policy capital.
Not only households borrowing capital, many small production facilities in the province also take advantage of preferential capital sources to maintain operations, expand scale, thereby creating more jobs for local workers.
Banks bring capital closer to workers' needs
According to the Vinh Long Provincial Branch of the Vietnam Bank for Social Policies, the loan program to support job creation, maintain and expand employment has contributed to maintaining and creating jobs for more than 33,000 local workers.
Loan capital is deployed through the transaction office system and savings and loan groups in communes and hamlets, helping people access policies conveniently, reducing travel costs and procedure time.
Mr. Nguyen Van Thien - Head of Transaction Department of Tra On Social Policy Bank, said that the unit is synchronously implementing new regulations according to Decree No. 338/2025/ND-CP to each loan group.
According to Mr. Thien, increasing the limit and extending the loan term helps workers and production households feel secure in long-term investment, have more room to expand production, maintain existing jobs and create new jobs.
The bank not only lends but also coordinates with localities to review actual needs, guide people to develop appropriate plans to use capital effectively and limit risks," Mr. Thien emphasized.
At the provincial level, Ms. Vo Thanh Thuy - Deputy Director of Vinh Long Provincial Social Policy Bank Branch - said that right from the beginning of 2026, the branch has proactively received and allocated capital of more than 500 billion VND.
This capital source prioritizes lending to solve employment and develop production, helping business households and rural workers have conditions to expand their livelihoods, stabilize income and be attached to the locality for a long time.
According to Ms. Thuy, in the coming time, the bank will continue to closely coordinate with the government and mass organizations to bring capital to the right beneficiaries, while strengthening management and improving the efficiency of loan capital use.
