Vietnam’s PM has ratified the decision on regulating the amount of preferential loan for students.
Accordingly, from 1st December, the loan for students (from 1.5 million dongs/month) will increase to 2.5 million dongs/month. The PM asked the Ministry of Planning and Investment, the Ministry of Finance to authorize the Bank for Social Policies to arrange and manage the loan. This is a meaningful credit program. It facilitates students & ensure social security. The program is highly approved by different departments and the community.