VI
As a companion to these businesses, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has allocated 2,500 billion VND to implement a preferential loan program to support SMEs during the Tet Nguyen Dan 2021 business season with interest rates starting from just 5.8% per annum
As the Tet Nguyen Dan festival approaches, the need for additional working capital to produce, process, and trade goods for Tet among small and medium enterprises (SMEs) increases significantly.
By participating in the program, SMEs can borrow additional working capital with a term of no more than 6 months to serve the production, processing, and trading of goods for Tet 2021 at extremely attractive interest rates, specifically as follows:
| Loan Term | Floor Interest Rate (%/year) |
| Under 3 months | 5.8% per annum |
| From 3 months to 6 months | 6.0% per annum |
Note: The interest rates mentioned above are subject to change as per Vietcombank's announcements in each period.
The program is being implemented from now until February 28, 2021, or until the program's quota is reached.
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11/03/2025 08:00Read more
