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Updated: 2016-08-04 15:48:12

Nearly VND 5,000 billion for boosting overseas workers

Prime Minister Nguyễn Tấn Dũng has just signed the Decision on approving the assistance project for poor districts to accelerate labor export, contributing to poverty reduction in 2009-2020.

The support policies include: to help workers to learn supplementary education, job training, foreign languages and improve necessary knowledge for working abroad, to give laborers preferential loans with 50% of the availing interest rate applied for overseas workers; vocational schools for overseas workers are also entitled to borrow preferential loans to improve training scale etc. The Overseas Workers Management Department states that the first three piloted provinces are Thanh Hóa, Quảng Ngãi and Yên Bái.

Newspaper of Market - Ministry of Finance 19th May

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LENDING INTEREST RATE

Poor Households
Lending to poor households	6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008	3,3%/year
Near Poor Households
Lending to near poor households	7,92%/year
Students
Lending to disadvantaged students	6,6%/year
People in need of loans for job creation
Lending to business establishments owned by war invalids and handicapped persons	3,3%/year
Others...

DEPOSIT INTEREST RATE

Term	Deposit Rate
Overnight	3,04%/year
1 week	3,23%/year
2 week	3,5%/year
Others...