Bank offers preferential credit to export firms

The Military Bank yesterday signed an agreement with the Viet Nam Chamber of Commerce and Industry (VCCI) to provide preferential credit of VND10 trillion (US$480) to export businesses nationwide to expand production and ease difficulties.

Nguyen Le Hien, head of the MB's Commerce Support Department, said the credit would focus on export businesses, which lack capital to sign contracts. They would be given preferentials in terms of cost and interest rate.

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