Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >>Finance  >> Ha Noi supports enterprises with loan interest assistance
NEW UPDATES Asean Affairs  11  August 2014  

Ha Noi supports enterprises with loan interest assistance

The capital city will support post-investment interest rates for medium and long term loans in Vietnamese dong for Ha Noi-based enterprises, according to the municipal People's Committee.

Accordingly, the city will support 0.2 per cent of the loan interest rate per month, or 2.4 per cent per year, with tenure of 12 months. The support is meant for loans whose interest rate payment is between January 1, 2014 and December 31, 2014.

Those loans must come from credit institutions for investing in new projects, expanding existing projects, and innovating techniques and technology in Ha Noi.

The benefiting enterprises must also operate in manufacturing the city's key industrial products, agriculture, processing farm products and foodstuff, producing alternative products for imported goods, with sales of at least VND100 billion (US$4.69 million) in 2013 and employing over 200 workers.

Application forms for the aid should be sent to the municipal Department of Finance, which will then submit it to the People's Committee for approval.

Statistics from the committee showed that total investment in the city in the first six months of the year was estimated at VND871.1 trillion ($41.4 billion), increasing 10.2 percent against the same period last year.

The capital city has so far done its planning on improving the business environment as well as increasing its provincial competitiveness index (PCI).

In a recent meeting with businesses in the capital, the municipal authorities pledged to continue to resolve difficulties and obstacles faced by enterprises in agriculture, rural areas, export products and support industry.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                            August 11, 2014 Subsribe Now !
• Surin urges NCPO to make decisions quickly Subcribe: Asean Affairs Global Magazine
• Medco redirects gas delivery to Arun-Belawan pipeline
• New visions proposed at 47th ASEAN Foreign Ministers’ Meeting
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Cambodia economy bucks regional trend
• Ha Noi supports enterprises with loan interest assistance
Asean Analysis                    August 8,, 2014

• Asean Analysis August 8, 2014
Washington Needs a Plan for Lifting Its Weapons Sales Ban on Vietnam
Advertise Your Brand

Asean Stock Watch    August  8, 2014
• Asean Stock Watch-August 8, 2014
The Biweekly Update
• The Biweekly Update  August 8, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand