interest loans

The Government Office has instructed the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Transport and the State Bank of Vietnam to study a proposal by the Vietnam Aviation Business Association (VABA), in which the airline industry is to gain access to VND25 trillion of zero-interest loan.

VCN- “In the context of social distancing, banks face difficulties to connect customers to identify correct damages and implement support mechanisms, it is a very encouraging result owing to enormous efforts of banks,” Mr. Minh added.

A number of commercial banks have lowered their interest rates on savings accounts by 0 1 0 4 percentage points in order to offer loans at a lower interest rate to businesses and individuals affected by the COVID 19 outbreak