Medium-term credit: loan term from 1 year to over 5 years (according to the regulations of Vietnam) refers to investment in fixed assets procurement, innovation-improvement equipment, business expansion, construction of new small scale projects and quick payback timeLong-term credit: a credit period from 5 years or more, the maximum can be up to 20, 30 years can even to 40 years. The type of this credit application is used to meet the long-term investment needs as housing construction, equipment, means of transport, a large new factory building. o use true purpose and effectively
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