Returning to hometown to start farming will be supported with loans
Workers from industrial zones who are no longer healthy enough to continue working and wish to return to their hometowns to start a business will be supported with capital to develop agriculture.
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| The expected loan interest rate is 5-7%/year. |
This is one of the programs initiated by the Institute of Organic Agricultural Economics, the Vietnam Cooperative Alliance in collaboration with a number of businesses.
Accordingly, Mr. Le Thanh, Director of the Institute of Organic Agricultural Economics, said that the program called Green Startup in Vietnam was organized to respond to the national startup program launched by the Government.
"The scope of this program is aimed at rural areas to facilitate the transfer of technology, knowledge, and capital to rural areas. In particular, this is a meaningful program to bring workers who are no longer in good health to work in urban areas back to their hometowns to start a business. We will support capital, agricultural materials, machinery, and create outlets for their products," said Mr. Thanh.
In addition to workers, rural youth, university graduates... with business ideas but lacking capital can all access this support package.
"For young entrepreneurs, initial investment capital is very important. However, along with capital, young people who are just starting out in production and business still need help with many things such as knowledge, determination, and the courage to overcome challenges and difficulties...
Therefore, in addition to supporting preferential credit loans, the program also provides training to help young startups improve their production and management capacity, and cooperate and exchange experts at home and abroad...", said Mr. Le Thanh.