NEWS
VND391 bn for interest rate subsidy
13:57', 16/4/ 2009 (GMT+7)

The Bank for Investment and Development of Vietnam-Phu Tai branch and 23 businesses in the central province of Binh Dinh signed a contract on adjusting the interest rate on April 14.

The global financial crisis and economic regression have badly affected the country’s economy, particularly exporters. Binh Dinh’s businesses also faced many difficulties.

Under the contract worth VND391 billion, the interest rate of loans was reduced to 6.5 percent a year.

  • Viet Hien
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