SME development fund

by VTV423 May 2017 Last updated at 11:00 AM

VTV.vn - As of today, 12 small and medium sized enterprises have successfully benefitted from the SME development fund with loans totalling 4.7 million USD. The SME development fund is expected to disburse 24.3 million USD this year.

Enterprises that need assistance from the fund can go directly to the Development fund under the Ministry of Planning and Investment.

The sectors eligible for loans are: Agriculture, forestry and aqua fisheries; manufacturing industry, water management, waste and waste water treatment; and start-ups. Enterprises must have at least 2 years of operations. SMEs will benefit from the special interest rate, which is 40% lower than the market rate for 10 years.

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