The Vietnam Bank for Social Policies reported from the beginning of this year to July, over 2.1 individual farming households accessed bank loans, totalling VND 52,850billion (VND 24.49 million per one)
Each farmer is loaned up to VND 24.49 million from Vietnam Bank for Scial Policies
The bank said the rate of capital disbursement for loans reached over 95 percent, proving that the farmers have used capital loans efficiently.
It also helped farmers improve their living conditions, develop economy stable.
The Vietnamese Government plans to reduce the cash payment proportion to less than 10 percent by 2020 and 8 percent by 2025, which can be done by expanding the network of automatic teller machines (ATMs) and points of sale (POS) nationwide.
The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.
Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.