Vietnam Bank to Disburse VND70T for Economy This Year
The Vietnam Development Bank has said it will ensure disbursements of VND70 trillion (US$4.117 billion) for the economy by end-2009.
The bank will invest VND29 trillion of that sum into key infrastructure projects, spare VND30 trillion for exporters, and guarantee loans worth up to VND15 trillion for local firms.
It also targets to disburse VND90 trillion-VND95 trillion next year and VND120 trillion in 2015 and curb its non-performing loans to below 5 per cent. (Labor)
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