Policy credit creates jobs for more than 33,000 Vinh Long workers

Opening up livelihoods thanks to preferential loans

In Luc Sy Thanh commune, Mr. Huynh Van Duc once encountered many difficulties due to the long-standing longan garden giving low yields, unstable prices, unstable income, 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 applying correct techniques, the jackfruit garden grows well, gives stable harvests after 3 years, brings steady income, and creates 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 was given access to a loan of 100 million VND to invest in caring for a long-term star apple garden, expanding the area for planting new purple star apples and further developing cattle breeding.

According to Mr. Hanh, the loan capital helped his family boldly invest more methodically, the garden yielded profits, the cattle herd developed stably, and the family's economy gradually improved significantly.

With capital, I am assured to invest long-term, still maintain savings every month 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 to maintain operations, expand scale, thereby creating more jobs for local workers.

Banks bring capital close 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 implemented through a system of transaction offices 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 Tra On Social Policy Bank Transaction Office, 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, raising 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 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 organizations to bring capital to the right beneficiaries, and at the same time strengthen management and improve the efficiency of loan use.

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