On January 10, the bank announced that it slashed short term loan rate in the Vietnamese dong to 6 percent in priority fields such as agriculture and rural development, hi-tech applied agriculture, export, small and medium enterprises, hi-tech applied firms and support industry.
Aside from that, startups are subject to the preferential interest rate. Besides new loans, the low loan rate will be applied for old contracts too.
The program will last from January 15 to December 31 this year.
