CAPITAL POURED IN THE ECONOMY

Measures for boosting capital mobilizaiton, expanding credit attached to controlling over capital use have helped to improve the investment efficiency for the economy of the credit organizations in the city area. In which, investment in production and business has been top prioritized, making an important contribution to realizing the goal of developing economy and generating jobs for laborers.

From January to August 2020, the mobilized capital source in the city area reached nearly VND 225,000 billion, up 11.93% over the same period of 2019. The capital has been poured in the production and business and prioritized activities under the directions of the Government. To unfreeze the credit capital source, banks have actively grasped the production and business situation, especially the capacity of product consumption, the quantity of stockpiled products in different locations and shortcomings of enterprises in the banking credit relationship to devise measures in a bid to remove hurdles and create conditions for enterprises to effectively get loaning capital.

Accompanying and supporting businesses in the legal environment, procedures, information and public services, approach to market so that enterprises could make their own decisions and are best facilitated in production and business is identified as the constructive way put forth by the city for the goal of improving the business climate, raising the national competing power and supporting enterprises. Banks across the city need to continue boosting application of modern banking services to catch up with the new tendencies of the fourth industrial revolution, sufficiently supply capital source for the economy./.