Gov’t agricultural development loans cover more enterprises

Nearly VND2 trillion (US$94 million) from the Government’s pilot loan program on agricultural development has been passed for another 19 projects of enterprises nationwide.

A dairy farm in Cu Chi District, HCMC (Photo: SGGP)

The Governor of the State Bank of Vietnam has approved the list of commercial banks and customers from 16 cities and provinces to attend in the program; loaning connectivity modals in agricultural production, hi tech application and farm produce consumption.

Earlier, the first four enterprises from the Mekong Delta province of An Giang were loaned VND350 billion at the end of May.

In July, commercial banks continued providing another six companies from five provinces and cities with VND2.37 trillion to carry out projects on hi tech agriculture and production chains.

By Ham Yen – Translated by Hai Mien

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