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LienVietPostBank has signed a deal to arrange VND10 trillion loans for local mobile carrier MobiFone to carry out its medium and long-term projects.
According to Vietnamplus, both sides will work with local electricity companies to launch a power bill payment service using MobiFone accounts. They will also launch a mobile phone fee collection service.
They also agreed on the issuance of Macca simcard to provide information on macadamia tree development in the country. Subscribers using the simcard will receive updates about government incentives, business environment, market prices and other planting services.
The sale of Macca simcard is part of the cooperation program of LienVietPostBank and Him Lam Joint Stock Co. to expand macadamia tree cultivation in Vietnam. The lender expects to lend around VND20 trillion to farmers in the Central Highlands to grow macadamia in the next five to 10 years.
(http://english.thesaigontimes.vn/41257/LienVietPostBank-arranges-VND10-trillion-for-MobiFone.html)
