BIDV launches credit packages for start-ups, micro enterprises
The Bank for Investment and Development of Vietnam (BIDV) has launched preferential credit programmes worth a total three trillion VND (132.1 million USD) to support start-ups and micro enterprises.
Hanoi (VNA)🔯 – The Bank forInvestment and Development of Vietnam (BIDV) has launched preferential creditprogrammes worth a total three trillion VND (132.1 million USD) to supportstart-ups and micro enterprises.
A two trillion VND (88.1 million USD) preferentialcredit package has been designed to provide short- , medium- and long-term loanto newly established companies while micro enterprises will benefit from an onetrillion VND (44 million USD) programme that provides short-term loans. Those programmes offer beneficiarybusinesses annual interest rates 1-1.5 percent a year lower than normal ones. Besides those two programmes, BIDV alsolaunched preferential loans for small- and medium-sized enterprises.-VNA
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Illustrative image (Source: VNA) 
