Management Board of VBSP VBSP’s operating network stretches from the Headquarters down to provinces and districts. At the helm of VBSP is the General Director, who is assisted by a number of Deputy General Directors and operational departments at the Headquarters. 1. At the central level - The Headquarters is located in Hanoi(the capital). - Training Center - Information Technology Center 2. At the local level - Provincial/municipal branches and the Transaction Center. - District transaction offices. VBSP’s provincial branches are subordinated units of the Headquarters. Under the authorization of VBSP’s General Director, these branches direct and run VBSP’s activities in local areas. A provincial branch is headed by a director, who is assisted by a number of deputy directors and operational divisions. District transaction offices are subordinated units of the provincial branches. These district offices directly implement VBSP’s activities in the local area. A district transaction office is also headed by a manager, who is assisted by a number of deputy managers and operational teams. Savings and credit groups: VBSP lends money to its clients through entrusted associations. The savings and credit groups formed by such associations are the extended hands of VBSP, which ensure that the Government’s concessional credit reaching the poor and policy-based beneficiaries who are in need of capital.
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