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A textile business in HCM City. Businesses have been applying for interest-free loans to make furlough and salary payments. – Photo sggp.org.vn
HO CHI MINH CITY (Vietnam News/ANN): The Vietnam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director, Bùi Văn Sổn, said.
The loans are part of the Government’s latest relief package worth VNĐ26 trillion (US$1.13 billion) for supporting workers and employers struggling to cope with the pandemic.
Around VNĐ7.5 trillion will be used for interest-free loans for businesses to pay salaries.