Home Economy

Deal signed to provide loans for Mekong rice farmers, traders

Jan 9th at 14:54
09-01-2015 14:54:01+07:00

Deal signed to provide loans for Mekong rice farmers, traders

The HCM City Housing Development Bank (HDBank) and the Viet Nam Southern Food Corporation (Vinafood 2) signed an agreement on January 7 to provide loans to stakeholders involved in large-scale rice field projects in the Cuu Long Delta.

 

Under the deal signed in HCM City, farmers and processing and trading businesses will be able to obtain loans via Vinafood 2, the country's largest rice producing, trading and exporting company.

The co-operation promises to create close links between farmers and businesses and the bank under the large-scale rice field model in the country's granary, which is expected to spark an improvement in rice production and trading.

vir

MOST READ

NEWS SAME CATEGORY

UPS launches worldwide express freight in Vietnam
ECONOMY Jan 9th at 14:48

UPS launches worldwide express freight in Vietnam

UPS® (NYSE:UPS) has launched its UPS Worldwide Express Freight™ service in Vietnam for urgent, time-sensitive and high-value international heavy weight shipments.

Engineering Career Path with GE
ECONOMY Jan 9th at 14:31

Engineering Career Path with GE

Nearly 200 students of the Hanoi University of Science and Technology (HUST) yesterday participated in the seminar “Engineering Career Path with GE” to exchange...

FDI expected to surge in 2015
ECONOMY Jan 9th at 14:29

FDI expected to surge in 2015

Foreign direct investment (FDI) in Viet Nam is forecast to increase significantly this year, as many large FDI projects are expected to be issued licences in the...

Companies optimistic about 2015
ECONOMY Jan 9th at 14:25

Companies optimistic about 2015

 The majority of enterprises and business associations in Viet Nam feel that the business environment will be better in 2015.

VN, S Africa trade increases
ECONOMY Jan 9th at 14:23

VN, S Africa trade increases

Bilateral trade between Viet Nam and South Africa has been increasing with estimated turnover of US$962 million in 2014, up 5 per cent from a year ago.

Exports to France fetch $2.8 billion
ECONOMY Jan 9th at 14:20

Exports to France fetch $2.8 billion

Viet Nam exported US$2.8 billion worth of goods to France last year, up 8 per cent year-on-year, according to the Ministry of Industry and Trade (MoIT).

Thanh Hoa assists projects in Nghi Son EZ
ECONOMY Jan 9th at 14:18

Thanh Hoa assists projects in Nghi Son EZ

 Speeding up administrative reform, organising more investment promotion activities and focusing resources on upgrading infrastructure are the main measures planned...

Agricultural privatisation to be sped up
ECONOMY Jan 9th at 14:15

Agricultural privatisation to be sped up

 The privatisation of agricultural enterprises will be hastened during this year to boost the development of the farming sector, according to the Ministry of...

Vietnam targets 10% export rise, 6.2% GDP growth for 2015
ECONOMY Jan 8th at 14:29

Vietnam targets 10% export rise, 6.2% GDP growth for 2015

A GDP growth rate of 6.2 percent and a 10 percent rise in export earnings in 2015 is among the main social and economic targets announced by the Government in its...

Dung Quat Economic Zone lies fallow
ECONOMY Jan 8th at 14:18

Dung Quat Economic Zone lies fallow

Though the Dung Quat Economic Zone (EZ) attracts 10 new investment projects every year, the same number of licenses are revoked each year.

Read More

MOST READ

Back To Top