Soc Trang opens credit guarantee fund for businesses

The People’s Committee in the Mekong Delta province of Soc Trang opened a credit guarantee fund to support small and medium enterprises on June 10.

The fund will support small and medium enterprises to solve financial difficulties, expand production and improve their product quality and competitiveness.

It is non-profit one with the total initial charter capital of VND30 billion (US$1.42 million).

By Yen Thanh – Translated by Hai Mien

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