Startups can get concessional loans

Startups can get concessional loans

According to the State Bank of Vietnam (SBV) Ho Chi Minh City Branch, up to now, the Bank - Enterprise Connection Program has had more than 10 commercial banks in the city registered to commit to lending about VND300 trillion at preferential interest rates this year.
Only 10 percent of ODA, concessional loans disbursed in eight months

Only 10 percent of ODA, concessional loans disbursed in eight months

According to the Ministry of Finance, by August 30, 2019, disbursement of official development aid (ODA) and foreign concessional loans was merely at VND6.48 trillion, accounting for 10.7 percent of the target of VND60 trillion, set by the National Assembly of Vietnam (NA).