Preferential loan for students increased

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.