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11/01/2024

Eximbank spends 200 billion VND on loans to stabilize the market in 2013 and Tet Giap Ngo 2014

To create conditions for production and business enterprises to access preferential capital. On April 1, 2013, Vietnam Export-Import Bank launched a loan program to stabilize the market in 2013 and Tet Giap Ngo 2014 in Ho Chi Minh City.

Accordingly, Eximbank will spend 200 billion VND to provide preferential loans to businesses participating in market stabilization. Preferential interest rate applied to short-term loans up to 12 months is 6%/year, fixed throughout the loan term and medium and long-term loans up to 5 years is 10% (in the first year). ).

Eximbank will consider giving preferential loans to businesses with industries in the food product groups, foodstuffs, milk, items serving the school season, essential pharmaceuticals... that meet the requirements of the program. Price stabilization is regulated by the Department of Industry and Trade of Ho Chi Minh City.

Eximbank hopes that the above forms of support will help remove capital difficulties for businesses in production and business activities to stabilize market prices during the 2014 Lunar New Year.