Agricultural loan outstanding has reached close to 2.8 quadrillion VND (119.44 billion USD), accounting for roughly 25% of total loan outstanding, according to Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has unveiled an online preferential credit package of 5 trillion VND (220 million USD) with an interest rate of only 4.99 percent.
The domestic agriculture sector is in need of solutions to optimise capital and science and technology, thus raising productivity, quality, and value in service of both domestic and foreign markets, the fifth national farmers’ forum held in Hanoi on October 13 heard.
Technological advances, preferential credit policies and pricing incentives have set the stage for solar rooftop energy to become the next big thing in clean energy in Vietnam, according to industry insiders.
Nine years after the issuance of a Government decision that set out preferential credit policies to provide more financial support for Vietnamese firms in the supporting industry, few have been able to make use of said policies, industry insiders have said.
The Ministry of Industry and Trade (MoIT) has proposed a 100 trillion VND (4.31 billion USD) preferential credit package for the development of the country’s support industry.
The Mekong Delta province of Tien Giang strives to reduce the poverty rate to 2.99 percent by the end of 2019, down 0.41 percent, or 1,950 households, from 2018.
Deputy Foreign Minister Ha Kim Ngoc has led a Vietnamese delegation to the 74th session of the Economic and Social Commission for Asia and the Pacific (ESCAP), which is taking place in Bangkok, Thailand, on May 11-16.
Ho Chi Minh City has provided preferential loans for more than 1.3 million poor households and social welfare beneficiaries from the Vietnam Bank for Social Policies (VBSP) branch in the city.
Over 30 million poor households and other welfare beneficiaries have accessed soft loans from the Vietnam Bank for Social Policies (VBSP) as of the end of August 2017, according to the VBSP.
Vietnam and Hungary have issued a joint statement on the occasion of Hungarian Prime Minister Viktor Orbán’s official visit to Vietnam from September 24-26.
More than 1,473,000 ethnic minority households across the country have been benefiting from preferential credit programmes with total loans worth up to 40 trillion VND (over 1.76 billion USD).
World Bank Board of Executive Directors on June 29 has approved a preferential credit package worth 153 million USD for Vietnam’s national programme on poverty reduction and rural development.
The Bank for Investment and Development of Vietnam (BIDV) has launched preferential credit programmes worth a total three trillion VND (132.1 million USD) to support start-ups and micro enterprises.
The Vietnam Bank for Social Policies has helped 109,462 labourers from families of disadvantaged conditions and beneficiary policies and in disadvantaged localities go to work abroad.
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