Businesses and farmers in the Mekong Delta has so far this year received short-term loans worth 59 trillion VND (2.8 billion USD) to invest in agricultural export products, according to the Southwest Steering Committee.
Thanks to the loans, the total Tra fish farming area in the region has been expanded to 6,400ha. The region’s output has so far hit 902,325 tonnes, of which 540,000 tonnes were exported, generating 1.4 billion USD in revenue.
Additionally, local enterprises processed and exported 4.3 million tonnes of rice, worth 1.95 billion USD.
The Vietnam Tra Fish Association called upon the local banking sector to provide more flexible long-term loans and improve the information available in a bid to facilitate credit access for local farmers and businesses.-VNA
Thanks to the loans, the total Tra fish farming area in the region has been expanded to 6,400ha. The region’s output has so far hit 902,325 tonnes, of which 540,000 tonnes were exported, generating 1.4 billion USD in revenue.
Additionally, local enterprises processed and exported 4.3 million tonnes of rice, worth 1.95 billion USD.
The Vietnam Tra Fish Association called upon the local banking sector to provide more flexible long-term loans and improve the information available in a bid to facilitate credit access for local farmers and businesses.-VNA
