Sa Giang secures VND150 bn credit facility from Vietcombank

Sa Giang Import Export Corporation (SGC) announced a board of directors' resolution on October 13, 2025, detailing a new credit facility with Vietnam Joint Stock Commercial Bank for Foreign Trade (Vietcombank) – Dong Thap Branch. The total credit limit is VND150,000,000,000, allocated primarily for short-term loans, short-term LCs, and short-term guarantees. Specifically, VND150,000,000,000 is for short-term loans, VND40,000,000,000 for short-term LCs, and VND10,000,000,000 for short-term guarantees, alongside a corporate credit card limit of VND200,000,000.

The financing aims to support Sa Giang's short-term production and business activities, facilitate the import of machinery, equipment, and raw materials via LCs, and provide guarantees for its operations. The credit limit will be maintained for a maximum of 12 months from the contract signing date, with potential extensions subject to the bank's approval.

The loan is secured by a mortgage on the Industrial Park Land Use Rights at plot 20, map sheet 51, and the Shrimp Chips Factory at Area A1, according to the Land Use Rights Certificate No. CU 706614, issued on April 8, 2020. Le Thi Dieu Thi, the legal representative, is authorized to execute all necessary agreements and documents.