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Mekong Delta needs production capital

Update: September, 29/2012 - 08:24

CAN THO (VNS)— The Cuu Long (Mekong) Delta region would need a significant amount of capital to overcome financial difficulties affecting agricultural and fishery production, said experts at a seminar on capital and capital management skill organised in Can Tho City on Thursday.

During the seminar, which was held by the Viet Nam Chamber of Commerce and Industry's Can Tho branch and the website Laisuat.vn, representatives of Bao Viet Bank and Mekong Development Bank said they would offer loans for small – and medium-sized enterprises to provide them with the needed capital for production by the end of this year.

Tang Thanh Be Ba, director of MTV Chung Hieu Company Ltd, said his company could get loans from the banks but some other enterprises could not because those enterprises did not have efficient business plans, so the banks could not give them loans. — VNS

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