Debt Payment Deferred by Households with Culled Animals

VIET NAM – Any animal breeding households whose poultry and cattle are culled due to the diseases are allowed to defer their payment of debts, declared the Governor of the State Bank in a recent official document.
calendar icon 1 August 2008
clock icon 2 minute read

The duration of the deferment is two years for households of raising cattle, goats and deer and one year for households of raising pigs and poultry.

Credit organisations shall not collect the interest rates of loans arisen during deferment and continue giving loans so that these households can restore their animal breeding or change jobs.

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