Agribank accompanies Vietnam Economic Forum “Resolving capital and market difficulties for export enterprises”

On the morning of April 25, 2024, in City. Ho Chi Minh City, Nguoi Lao Dong newspaper organized the second session of the Vietnam Economic Forum 2024 with the theme “Resolving capital and market difficulties for export enterprises”. The forum was held directly at the Nguoi Lao Dong newspaper office combined with an online format.

Attending the Forum were Permanent Deputy Governor of the State Bank of Vietnam Dao Minh Tu (attending online) and representatives of leaders of a number of relevant Departments and Departments; Mr. Vu Tien Loc – Chairman of Vietnam International Arbitration Center (VIAC); Mr. To Dinh Tuan – Editor-in-Chief of Nguoi Lao Dong Newspaper co-chaired. Representative of Agribank, Mr. Cao Thanh Phong – Deputy Director in charge of operating the Credit Approval Center in City. Ho Chi Minh attended and delivered a speech.

Overview of the 2nd session of the Vietnam Economic Forum 2024 with the theme “Resolving capital and market difficulties for export enterprises”

Following the success of the first session “Stimulating domestic consumption” held at the end of December 2023, at the second Forum session, issues were discussed to discuss and find solutions. difficulties, thereby effectively exploiting export markets in the international context of many unpredictable fluctuations, creating motivation for the business community, capital and markets for export enterprises and related issues. .

Speaking at the discussion session, Agribank representative said: In response to positive signals from import-export activities, Agribank has implemented a program to accompany import-export enterprises with a credit scale of 20,000 billion VND. This package’s interest rate is lower than the normal lending interest rate floor of up to 2.4%/year, along with many incentives on deposit interest rates, service fees and foreign currency exchange rates… Along with that, Agribank New regulations on lending, guarantees and other regulations related to credit activities have been issued in the direction of increasingly simplifying credit application procedures while still ensuring compliance with regulations. In addition to simplifying credit procedures to facilitate customers’ access to capital, Agribank has recently prioritized a large amount of capital focused on production and business, especially priority areas, Growth driving force according to the policies of the Government and the State Bank of Vietnam.

Mr. Cao Thanh Phong – Deputy Director of the Credit Approval Center in the City. Ho Chi Minh spoke at the discussion session

Also at the Forum, representatives of leaders of the State Bank of Vietnam, ministries, branches, trade counselors, foreign trade affairs, leaders of industry associations, businesses, economic experts… spoke provide solutions and create motivation for the business community to remove difficulties for development in the coming time.

Hoang Thi Van An