Hanoi spends big on rural development
Thứ Hai, 17/10/2016, 17:44
Hanoi will arrange over VND72 trillion (US$3.24 billion) to implement a programme on developing agriculture, building new-style rural areas, and improving quality of local life in 2016-2020.
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The programme is designed by the municipal Party’s Committee.
The Hanoi branch of the Vietnam Bank for Social Policies will provide about VND200 billion (nearly US$8.9 million) each year in the form of loans with preferential interest rates to farmers and city-based businesses operating in agricultural and rural development.
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According to the Hanoi Department of Agriculture and Rural Development, as of September 2016, Hanoi had 212 new-style rural communes, an increase of 11 communes from 2015.
