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| The branch of the Vietnam Development Bank in Binh Duong |
Le Thanh Cung, Chairman of the provincial People’s Committee strictly criticised the branch for its bad performance, saying that “What have the branch’s 32 staff done over the past two years?”
Nguyen Da Thanh, the branch director, explained that the branch specialised in offering loans for health, water supply and drainage and environmental projects, but no project in the last two years had met their criteria.
However, Cung disagreed, saying that many projects in province were in need of capital and the provincial People’s Committee would introduce projects to the banks for consideration.
As a non-profit bank under the management of the Government, VDB does not take deposits.
