According to the latest data from the General Statistics Office, in the first 2 months of 2024, total import and export turnover of goods is estimated at 113,96 billion USD, an increase of 18,6% over the same period last year, of which exports exports increased by 19,2%; imports increased by 18%; Trade balance of goods trade surplus is 4,72 billion USD.
Export and import have become bright spots in Vietnam's economic picture in the first two months of this year when total export and import turnover is estimated at 2 billion USD, up 113,96% over the same period in 18,6. ; The trade balance of goods has a trade surplus of 2023 billion USD, much higher than the trade surplus of 4,72 billion USD in the same period in 3,5.
However, 2024 is still forecast to be a year of many difficulties, import-export businesses still face challenges with orders and worries about costs. In that context, many banks have launched support packages for import-export businesses, anticipating opportunities in 2024.
Accordingly, in order to create favorable conditions for businesses in the field of import and export to promote production and business and expand their scale in the international market, Vietnam Public Commercial Joint Stock Bank (PVcomBank) has deployed a credit package of VND 2.000 billion until December 31, 12.
Specifically, businesses record import and export activities within the most recent 6 months up to the time of loan proposal; Having experience in the business field for 2 years or more will meet the conditions for incentives with loan interest rates from only 7,5%/year at PVcomBank, applicable to a variety of customers operating in export. imports such as: exporting rice, meat, seafood, coffee, agricultural products, handicrafts...; Importing beverages, household appliances, machinery, electronic equipment, cosmetics, petroleum, construction materials...
With the goal of supporting import-export businesses to restore production, Ngan Vietnam Joint Stock Commercial Industry and Trade Products (VietinBank) has increased incentives for import-export businesses in the Trade UP Program.
Specifically, import-export businesses using foreign currency trading, International Payment and Trade Finance products for the first time will receive incentives on foreign exchange rates, exemption/reduction of service fees and insurance fees. transported goods.
In particular, VietinBank exempts up to 100% of many fees for import-export businesses: Transferring foreign currency in the system, endorsing bills of lading/issuing authorization to receive goods, issuing goods receipt guarantees, sending for collection, Cancellation, modification, adjustment of collection, management of collection documents, letter of credit notification, notification of amendment, Trade Portal service...
Accompanying import-export businesses to expand international trade, from January 1 to December 1, 31, Ngan Joint Stock Commercial Bank for Investment and Development (BIDV) also implemented the Trade Booming program with superior policies: Preferential exchange rates for foreign currency trading up to 170 points, free up to 10 types of services. The program is a support to help import-export businesses promote international trade connections.
For new customers, the bank offers nearly 10 free services within 1 year. Applicable to fees: Account opening/management fee, Issuance fee, first year annual fee for corporate debit cards, corporate credit cards; Incoming International Transaction Fee, Export LC Notification Fee/Export LC Amendment Fee, Fee for processing export collection documents.
For existing customers, BIDV also waives nearly 10 services within 06 months with the following fees: Issuance fee, annual fee for the first year of corporate debit cards, corporate credit cards; Incoming International Transaction Fee, Export LC Notification Fee/Export LC Amendment Fee, Fee for processing export collection documents.
Ngan Asia Commercial Joint Stock Company (ACB) with changes in service policies to help customers save costs, time, make transactions convenient and improve reputation in the market.
For businesses that import or pay by letter of credit (L/C) to domestic suppliers, capital financing solutions in the form of L/C are a priority choice with outstanding utilities. About: simple, fast procedures, competitive fees and diverse forms of guarantee.
