HCMC authorities to issue over $1.7 million loan on creating jobs

People’s Committee in Ho Chi Minh City has decided to issue VND40 billion (over $1.7 million) loan on creating jobs in 2019.

HCMC authorities to issue over $1.7 million loan on creating jobs

The amount is expected to create 1,600 more jobs for city-dwellers of 1,333 households especially those who live in district 8 with 100 households, Binh Tan District with 83 households and other districts 12 , Binh Thanh, Go Vap, Tan Binh, Thu Duc, Binh Chanh, Cu Chi, Hoc Mon, and Nha Be.
The Committee also assigned the Vietnam Bank for Social Policies’ branch in HCMC to provide loans to job creators and the Department of Labor, Invalid and Social Affairs, the Department of Planning and Investment, the Department of Finance and people’s committees in districts supervise how they use the money monthly or every six month and annually to report to the Committee.

BY VI QUAN - Translated by DAN THUY

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