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SEAFOOD EXPORTERS TO BE SUPPORTED
Updated: 2013-04-12 22:53:28

The Ministry of Finance is now finalizing the draft amendments and supplements to Decree No. 75 of the Government on investment credit and export credit.

 

It means that the seafood exporters need loans to buy livestock feed who would get 85% of the total demand in line with the plan appraised and accepted Vietnam Development Bank.

To get the loans, the borrowers must meet conditions such as a contract or contracts for export sales for businesses aquaculture seafood export aquaculture plans to export Vietnam Development Bank and evaluation approved loans and enterprises to fully implement the provisions of the loan secured by the provisions of existing laws ... tenor of each loan shall not exceed 12 months.

The draft is expected to extend the maximum loan period from 12 months to 36 months on condition that business losses in 2011 and 2012.

 HA MY

SGGP

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