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Jan 30, 2016 / 10:34

BIDV provides financial support for cold-hit localities

The Bank for Investment and Development of Vietnam (BIDV) has granted urgent financial support worth 2.6 billion VND (116,948 USD) for localities hardest hit by the recent cold snap, including Cao Bang, Yen Bai, Hoa Binh, Lao Cai, Dien Bien, Son La, Lai Chau and Ha Giang provinces.

Earlier, the bank gave 9,000 Tet gifts to those localities as part of the programme to present 50,000 Tet gifts worth 15 billion VND (674,700 USD) to deprived people nationwide.
 
Illustrative image
Illustrative image
The cold spell, which took place accross the northern region of the country from January 22-27, has caused serious damage to both crops and livestock. 
According to the National Steering Committee on Disaster Prevention and Control, by 19:00 January 28, the freezing weather had spoiled 9,453 hectares of rice, 8,472 hectares of rice seeds and 16,149 hectares of vegetables. It also killed 9,409 head of cattle and 43,242 heads of poultry.