MHB finances dairy cow breeding in Long An province
Ho Chi Minh City-based Mekong Housing Bank (MHB) last week signed a preferential credit agreement worth VND100 billion ($4.7 million) to support dairy cow breeding according to associated model in the Mekong Delta province of Long An.
Under the agreement, participating enterprises have to sign associated contracts on food processing and output consumption while farmers need to sign associated production and product sale contracts with enterprises.
At the same time, the bank also deployed a VND1 trillion ($47.6 million) credit line package belonging to MHB’s VND13 trillion ($619 million) project for agriculture and infrastructure development in the Mekong Delta region granted for enterprises in Long An province.
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