Delegates attending the symposium.

According to the Can Tho City Veterans Association, local veterans associations manage over 1,400 savings and loan groups, with more than 69,300 borrowing households and a total outstanding loan balance of over 3,427 billion VND. Loan capital from the Vietnam Bank for Social Policies (VBSP) has helped many veterans and citizens develop their family economies, improve their living standards, and achieve sustainable poverty alleviation. However, currently, the overdue debt of savings and loan groups remains high (0.94%) compared to the target set by the Vietnam Veterans Association; 219 savings and loan groups are operating at an average level, and 54 groups are operating poorly…

At the conference, leaders of the Veterans' Association in communes and wards shared good experiences in managing savings and loan groups; provided information on difficulties and obstacles leading to high overdue loan rates; and discussed the causes and solutions to overcome the situation of average or weak savings and loan groups. On this occasion, representatives of the Can Tho City Branch of the Vietnam Bank for Social Policies (VBSP) implemented new documents from the General Director of the VBSP.

In his concluding remarks, Mr. Pham Van Buoc, Vice Chairman of the Vietnam Fatherland Front Committee of Can Tho City and Chairman of the Can Tho City Veterans Association, requested that all levels of the city's Veterans Association continue to effectively disseminate the Party's guidelines and the State's policies and laws on social policy credit and ongoing credit programs; pay attention to training and professional development for Veterans Association officials and newly recruited savings and loan group leaders; maintain and effectively carry out inspection and supervision in the activities of the Veterans Association and entrusted activities, ensuring that inspections and supervision are sufficient in quantity and quality as prescribed; coordinate to effectively implement measures to recover overdue debts and outstanding interest... Local Veterans Associations should proactively include indicators for evaluating the quality of entrusted activities into the criteria for evaluating, reviewing, and ranking emulation and reward, linking it with the "Exemplary Veterans" emulation movement and building a clean and strong Veterans Association. This contributes to reducing the overdue loan rate to below 0.4%, in line with the emulation target set by the Central Committee of the Vietnam Veterans Association.