Boosting lending to support businesses affected by tariffs

In a recent telegram on a number of key tasks and solutions to promote economic growth in 2025, the Prime Minister requested the State Bank to closely monitor the international and regional situation and policy adjustments of major economies. Effectively use management tools to regulate exchange rates and interest rates appropriately to meet capital needs for the economy. Maintain stability in the monetary, foreign exchange, and gold markets and the safety of the credit institution system.

The State Bank continues to direct credit institutions to reduce costs and promote digital transformation to strive to reduce lending interest rates. Direct credit to production, business, priority sectors, and growth drivers. Promote short-term lending to support businesses affected by US tariff policies.

At the same time, the State Bank urgently researched and called on banks to urgently join hands to build preferential credit packages for people under 35 years old to buy houses, a preferential credit package of about 500,000 billion VND for enterprises investing in infrastructure and digital technology to borrow long-term. Expand the scope and subjects participating in the preferential credit package for the forestry, fishery and wooden furniture sectors affected by the US reciprocal tariff policy.

THANH HONG

Source: https://baobinhduong.vn/day-manh-cho-vay-ho-tro-cac-doanh-nghiep-bi-anh-huong-boi-thue-quan-a346056.html