Vietnam's central bank urges accelerating lending to rice producers

HANOI, March 30 (Xinhua) -- The State Bank of Vietnam has asked financial institutions in the Mekong Delta region to provide rice farmers and traders with easier access to capital and soft loans ahead of the winter-spring harvest in 2023, local newspaper Vietnam News reported on Thursday.

Banks were told to simplify administrative formalities, shorten credit appraisal procedures, and diversify loan products, so