SMEs can borrow loans at preferential interest rate of 1.2% per year

Wednesday, Oct 11, 2023

The preferential interest rate is aimed to implement Resolution No 105/NQ-CP dated July 15, 2023, of the Government on tasks and solutions to remove difficulties for the production and business of firms.

Big four banks launch preferential interest rate loan packages

Wednesday, Mar 01, 2023

The group of the four biggest State-owned banks (Big4) have launched preferential loan packages with interest rate reductions of up to 3 per cent per year to lower short-term lending rates to only 7 per cent per year.

Pandemic-hit firms to enjoy preferential interest rate credit package

Monday, Feb 28, 2022

Loans of pandemic-hit enterprises will enjoy an interest rate cut of 2 per cent under a Government support package to remove difficulties for the businesses.

Banks to lend $4.3 billion preferential interest rate loans

Tuesday, Sep 28, 2021

Banks will lend more than VND100 trillion (US$4.3 billion) with preferential interest rates of 3-4 per cent per year to support the economy.

State bank to remove barriers to preferential-loan access

Tuesday, Jun 02, 2020

The State Bank will consider simplifying lending procedures to help COVID-19-affected firms easily access preferential interest rate loans.

SHB offers new preferential package to SMEs

Tuesday, Sep 26, 2017

The Saigon Hanoi Commercial Joint Stock Bank (SHB) recently announced that it will launch a VND2.5 trillion (US$109.9 million) credit package with preferential interest rate from 6.5 per cent per year for small- and medium-sized enterprises (SMEs).

Better loan rate likely for high-tech agriculture

Wednesday, Mar 01, 2017

Commercial banks can offer loans at preferential interest rate of less than 7 per cent per year for high-tech agriculture projects.