State Bank offers monetary support to livestock breeders

Nguyen Ngoc Thach, director of the State Bank in Dong Thap Province in the Mekong Delta region, said on Monday that the bank will be providing monetary assistance to livestock and seafood breeders via the various branches of the Bank for Agriculture and Rural Development in Lap Vo and Chau Thanh Districts.

The State Bank in Dong Thap Province will provide monetary assistance to pig breeders (Photo: SGGP)

This move was made after Saigon Giai Phong Newspaper published an article on September 17 on the massive losses and difficulties faced by livestock and seafood breeders in the Mekong Delta region.

The State Bank branch in the province then studied the status quo of the breeders in the area and instructed the agriculture bank to help the local breeders monetarily so as to fast stabilize farm produce and develop the breeding industry.

The Bank for Agriculture and Rural Development will in turn submit reports to the State Bank on methods of implementing assistance, latest by October 1.

Related article:
Breeders in Mekong Delta face troubled times

By H. Loi – Translated by Hai Mien

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