(VOV) -Coffee growers will be provided preferential credit loans worth VND 8,000-10,000 billion from now to 2016, including more than VND3,099 billion for those in the Central Highland province of Lam Dong.
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The information was released by Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh at a recent conference held in Lam Dong to implement a credit loan programmes for the coffee sector in the 2013-2015 period.
Under the programme, local coffee farmers will enjoy low interest rates (around 10 percent/year). The SBV will channel more than VND5,000 through the Bank for Agriculture and Rural Development (Agribank) to carry out the programme.
Governor Binh stressed the need to assist Central Highland coffee growers in increasing coffee quality and productivity.
According Lam Dong’s 2013-2015 plan, the province will develop a coffee area of 22,982 hectare with a total investment of over VND4,428 billion, including VND3,099 billion funded by Agribank.
Đăng ký: VietNam News
