Households in disadvantaged areas eligible for loans up to VND100 million

From August 8, households in disadvantaged areas will be eligible for getting loans up to VND100 million each with an interest rate of 9 percent a year.

Deputy Prime Minister Le Minh Khai has just signed the Decision 17/2023/QD-TTg amending and supplementing a number of articles of the Decision No. 31/2007/QD-TTg on credit for production and business households in underprivileged districts. The new decision will take effect from August 8, 2023. Accordingly, households including small farm business households and those families have production and business activities in the fields that are not prohibited by the regulations in disadvantaged areas can borrow capital as prescribed by law.

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Anh Quan (translator)