Vietnamese govt rolls out interest-free loans for companies to pay salaries


HO CHI MIN CITY, July 24 (Bernama): The Vietnam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, Vietnam news agency (VNA) quoting its deputy director Bui Van Son has said.

The loans are part of the Government’s latest relief package worth 26 trillion VND (US$1.13 billion) for supporting workers and employers struggling to cope with the pandemic.

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