BIDV provides financial support for drought-hit localities
The Bank for Investment and Development of Vietnam (BIDV) on March 18 decided to grant financial support worth 23 billion VND (over 1 million USD) for 16 localities hardest hit by droughts.
Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) on March 18 decided to grant financial support worth 23 billion VND (over 1 million USD) for 16 localities hardest hit by droughts and saliꩲne intrusion.
Accordingly, the bank has completed the disbursement of 14 billion VND (608,000 USD) in aid for seven Central Highlands and central provinces, including Kon Tum, Gia Lai, Dak Lak, Dak Nong, Lam Dong, Ninh Thuan, and Binh Thuan.
The remaining 9 billion VND (391,000 USD) will be allocated for nine Mekong Delta provinces, namely Long An, Tien Giang, Ben Tre, Tra Vinh, Soc Trang, Bac Lieu, Ca Mau, Kien Giang, and Vinh Long.
At present, Central Highlands, south central and Mekong Delta provinces are currently severely hit by drought and saltwater. Especially, all the13 localities in the Mekong Delta region have been hit by saline intrusion.
Sea water with salinity of up to 6 miligrammes per litre has entered 40-60 km deep into the mai🌄nl🌳and and is expected to last until May.-VNA
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Drought in Soc Trang province (Photo:VNA)
