Điện Biên VBSP quickly stabilizes transaction points after reorganization of localities

ĐBP - Although the number of communes and wards in the province has been consolidated from 129 to 45, all 129 transaction points of the Điện Biên branch of the Vietnam Bank for Social Policies (VBSP Điện Biên) remain fully operational. Flexibly relocating transaction points to locations most convenient for the public has helped ensure that credit activities are implemented safely, properly, and effectively.

Previously, in the former Mường Mươn commune, the monthly transaction point of the VBSP Mường Chà office was located at the Mường Mươn communal cultural house. After the merger of Mường Mươn and Mường Pồn into the new Mường Pồn commune, that site was repurposed as accommodation and living space for commune officials.

To avoid any disruption in residents’ access to policy credit, the VBSP Mường Chà office proactively coordinated with local Party committees, authorities, and relevant units to quickly identify a new transaction location. The chosen site was the cultural house of Mường Mươn 1 village, just 800 meters from the original site.

VBSP staff assist residents in completing loan procedures.

Mr. Vùi Văn Nghĩa, Director of the VBSP Mường Chà office, explained: “The most important consideration when relocating a transaction point is ensuring the infrastructure, especially telecommunications systems and live camera connections for transaction monitoring. Additionally, the new location must be central and easily accessible for residents.”

Before June 30, the VBSP Mường Nhé office managed loans in 11 communes with 11 transaction points. After the administrative mergers, 7 of those points remained at the new commune headquarters, while 4 were relocated to village-level cultural houses in geographically convenient locations.

For example, the new Mường Nhé commune was formed by merging three former communes: Mường Nhé, Chung Chải, and Nậm Vì. After the merger, all three former transaction points had to be relocated. The point formerly in Mường Nhé was moved to the Political Training Center of the former Mường Nhé district; the point in Chung Chải was moved to the cultural house of Đoàn Kết village; and the one in Nậm Vì was relocated to the community hall in Huổi Lúm village.

VBSP Mường Nhé works with local partners to promptly inform the public of changes to transaction locations.

Mr. Dương Thành Nghĩa, Director of the VBSP Mường Nhé office, noted: “When selecting new transaction points, we prioritize long-term stability. We also made sure to notify the public in a timely manner. As a result, residents have continued to access policy credit services smoothly and efficiently, just as before.”

Prior to the commune and ward mergers, the VBSP Điện Biên operated 129 transaction points, one in each administrative unit. Following the restructuring, despite changes in administrative boundaries, all 129 points remain in operation. Specifically, 31 points are now located at the headquarters of the newly established communes and wards, while the remaining 98 are situated in former commune offices or village-level cultural houses.

To ensure policy credit activities remain seamless, safe, and efficient, VBSP Điện Biên offices have closely coordinated with local authorities and entrusting organizations to clearly inform the public about changes to transaction times, locations, and schedules. At each point, information is publicly posted, and workspaces are arranged to ensure safety and efficiency during transactions.

Easy access to policy credit enables residents to improve their livelihoods.

According to the VBSP Điện Biên, during the first month following the commune and ward mergers, outstanding policy credit continued to grow. In July, the total loan disbursement for the province reached over VND 84.7 billion, benefiting 1,062 borrowers.

The prompt establishment of new transaction points and the continued stability of policy credit operations after the administrative consolidation is a testament to the flexibility and initiative of VBSP’s system in the province. This approach has made it easier for residents, especially those in remote and isolated areas, to access financial resources, maintaining vital connections and ensuring no one is left behind due to geographical or administrative changes.

Thu Hằng
Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Recent news

  • 'From Uncle Hồ’s teachings to artist’s sense of responsibility

    From Uncle Hồ’s teachings to artist’s sense of responsibility

    CULTURE - SPORTS -
    ĐBP - “Culture and the arts are also a battlefield, and artists are soldiers on that battlefield.” President Hồ Chí Minh’s words have remained deeply etched in the minds of generations of artists and performers at the Điện Biên provincial Art Troupe. For those working in the arts, following Uncle Hồ’s example begins with their everyday work: taking rehearsals seriously, devoting themselves to every performance, constantly learning and creating, and cherishing the traditional cultural values of their homeland and country.
  • 'Raising awareness to repel child marriage

    Raising awareness to repel child marriage

    SOCIAL AFFAIRS -
    ĐBP - Costly lessons from dropping out of school to become wives and husbands at an excessively young age are gradually being addressed in Phình Giàng commune. Driven by the decisive and synchronized involvement of the entire political system, the scourge of child marriage is progressively being curtailed.
  • 'Unlocking resources, forging the future (Part 1)

    Unlocking resources, forging the future (Part 1)

    ECONOMY -
    ĐBP - In the journey to generate development momentum, improving the investment and business climate and enhancing provincial competitiveness are not only immediate imperatives, but also strategic solutions for Điện Biên to unlock resources, attract investment, and expand room for growth.
  • 'Điện Biên’s aspirations to develop

    Điện Biên’s aspirations to develop

    NEWS - POLITICS -
    ĐBP - The 81-year journey since the sacred moment President Hồ Chí Minh read the Declaration of Independence at historic Ba Đình Square is a continuous voyage of our nation safeguarding, cultivating, and promoting the values of independence, freedom, and peace through willpower, intellect, and the strength of solidarity.
  • 'Điện Biên joins nationwide festive rhythm

    Điện Biên joins nationwide festive rhythm

    SOCIAL AFFAIRS -
    ĐBP - These days, Điện Biên dons the radiant crimson of the National Flag. Fluttering against clear blue skies and blending with bustling daily life, the national flag creates a sacred, proud atmosphere for the country’s festive occasion. Local residents eagerly celebrate Independence Day in their own ways, joining in the shared joy of the nationwide festival.
  • 'Điện Biên bustles on National Day

    Điện Biên bustles on National Day

    SOCIAL AFFAIRS -
    ĐBP - On National Day, September 2, historical relic sites across Điện Biên province drew large numbers of local residents and tourists, while communities across numerous communes and wards vibrantly joined cultural, artistic, and athletic activities.
  • 'Điện Biên radiant on National Day

    Điện Biên radiant on National Day

    TRAVEL -
    ĐBP - The 5-day National Day holiday on September 2 serves as an occasion for residents and visitors to rest and enjoy experiences. Across streets and residential quarters in Điện Biên, the crimson of the National Flag blends with colorful banners and floral displays, creating an atmosphere of jubilation and excitement to welcome the nation’s major holiday.
  • 'The light of faith

    The light of faith

    ECONOMY -
    ĐBP - Amid winding roads embracing villages along hill slopes like silk ribbons, rows of towering concrete poles stretch across deep ravines, bringing the national power grid to illuminate mist-shrouded mountain peaks.