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Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)’s Binh Duong branch has just organized a seminar to introduce a package of financial services and products for FDI enterprises in the province. The event was attended by leaders of provincial Customs Department, Tax Department and more than 60 FDI enterprises in the province.

An overal view of the seminar

At the seminar, in the face of enterprises’ urgent need for capital to recover production, business and import-export activities, Vietcombank’s Binh Duong branch introduced corporate credit products with loan packages under 2022’s preferential program with the interest rate of 4.5%/year for VND and 2.4%/year for US dollar; loan package to accompany FDI enterprises; interest rate package for medium and long-term VND lending program with fixed interest rates from 1 to 5 years ranging from 8.0% to 10.6%; interest rate support package for enterprises, cooperatives and business households under the Government’s Decree No. 31/2022/ND-CP; international payment products, trade finance to replace loans to support import and export enterprises...

The seminar also introduced digital banking services for enterprises such as: VCB-iB@anking service with many utilities of modern, high-security and safe e-banking or VCB Cashup service with solutions for provides solutions for cash flow management, management payment for payable, receivable accounts and user administration, VCBDigibiz service with app and Web version that can perform transactions around the clock, saving time and costs for enterprises…

It is known that Vietcombank’s Binh Duong branch currently has more than 8,000 corporate customers and nearly 5,000 personal customers in and out of the province. The branch’s total assets and capital have so far reached VND 37trillion with sales of international payments and trade finance at US$ 2.7 billion…

At the seminar, representatives of provincial Tax Department and Customs Department also received opinions and answered some questions on tax and customs policies to support enterprises affected by Covid-19 pandemic for production and business recovery.

Reported by Minh Duy-Translated by Kim Tin