On January 14, the Hanoi Branch of the Vietnam Bank for Social Policies held a coordination meeting with four entrusted city-level socio-political organizations, including the Women's Union, Farmers' Association, Veterans' Association and the Youth Union.

According to reports at the meeting, in 2025 the branch and partner organizations closely followed directives and resolutions of the central government, the Hanoi Party Committee, the Hanoi People's Committee and the bank's Board of Directors and effectively implemented social policy credit across the city.

The bank proactively advised the four organizations on balancing and allocating capital, assigning targets, organizing loan approval, disbursement and debt recovery for eligible beneficiaries.

By December 31, 2025, total social policy credit capital in Hanoi reached VND18 trillion (US$692 million), of which entrusted outstanding loans through socio-political organizations accounted for 99.9%.

Total lending turnover in 2025 reached nearly VND8 trillion ($304.5 million), benefiting more than 94,000 poor and near-poor households and other policy beneficiaries.

Policy credit focused on key programs such as job creation, rural clean water and sanitation, social housing, support for students and other special groups under the resolutions of the Hanoi People's Council.

The 2025 policy credit program helped create and sustain jobs for more than 71,000 workers, supported tens of thousands of households in building and upgrading clean water and sanitation facilities and enabled disadvantaged students and learners in science and technology fields to continue their studies.

Credit quality remained well controlled, with overdue entrusted debt at only 0.022% of total outstanding loans and 88 of 126 communes and wards recorded no overdue debt.

Inspection, supervision, professional training and policy communication also received strong attention throughout the year.

Socio-political organizations conducted inspections of dozens of grassroots units, savings and loan groups and borrowers and organized multiple training courses to improve management capacity and effective capital use.

Operations at commune-level transaction points remained stable, meeting requirements for the two-tier local government model.

The meeting also candidly noted limitations, including overdue debt concentrated in some units, underperforming growth in certain credit programs and uneven record keeping and supervision in some localities.

Participants agreed that these issues require prompt resolution from the beginning of 2026.

Accordingly, the Hanoi Branch of the Vietnam Bank for Social Policies and the four socio-political organizations agreed on 2026 orientations, including credit growth of 8%–10%.

They plan to keep overdue debt below 0.05%, improving entrusted activities and savings and loan group performance and expanding underutilized credit programs such as student loans and social housing.

They will also strengthen coordination in inspection, supervision and policy communication to ensure social policy credit continues to deliver practical results and support social security and sustainable development in Hanoi.