Yen Bai carries out measures to support borrowers affected by COVID-19
- Thursday, March 26, 2020
YBO - The Yen Bai branch of the State Bank of Vietnam (SBV) has implemented numerous measures to support customers affected by the COVID-19 pandemic following directions of the Prime Minister, the SBV and the provincial People's Committee.
A meeting of the State Bank of Vietnam – Yen Bai branch discusses measures in support of customers affected by COVID-19.
Despite annual deposit rates being adjusted down between 0.3 and 0.5 percent, idle money continues to flow into banks in Yen Bai.
Van Yen district in Yen Bai province is striving to elevate potential communes, namely An Thinh, An Binh and Xuan Ai to tier-V urban areas by 2025, while focusing all resources on developing Mau A township from a tier-V urban area to a tier-IV urban area in near future.
Yen Bai province was ranked 36th among the country’s 63 provinces and cities in the Provincial Competitiveness Index (PCI) in 2019, and placed in the group of localities with good governance, according to the rankings announced by the Vietnam Chamber of Commerce and Industry (VCCI) on May 5.
The provincial People’s Committee, the Party organisation of the bloc of provincial agencies and businesses, and the business association in Yen Bai on August 28 co-hosted a monthly meeting among local businesses called “Business Café” to discuss impacts of the Vietnam-European Union Free Trade Agreement (EVFTA) on the Vietnamese economy.