Increase the scale of the agricultural, forestry and fishery credit program to 185,000 billion VND

Illustration photo.

The State Bank of Vietnam (SBV) has just issued Document No. 8333/NHNN-TD, directing credit institutions to continue implementing the credit program for the agriculture, forestry and fishery sectors, with the total scale increased to VND185,000 billion.

Accordingly, the program is expanded based on the registration of commercial banks, following previous documents of the State Bank (Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 and Official Dispatch No. 2756/NHNN-TD dated April 15, 2025). The goal is to create more preferential capital sources for customers with projects and production and business plans in the fields of agriculture , forestry and fisheries.

Regarding interest rates, the State Bank stipulates that the lending rate in Vietnamese Dong must be at least 1 to 2% lower per year than the average lending rate for the same term (short-term, medium-term and long-term) that the lending bank is applying.

List of banks participating in the implementation includes: Agribank, BIDV, VietinBank, Vietcombank, List of banks participating in the implementation includes: Vietnam Bank for Agriculture and Rural Development (Agribank), Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam Joint Stock Commercial Bank for Foreign Trade (Vietcombank), Loc Phat Commercial Joint Stock Bank (LPBank), Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank), Military Commercial Joint Stock Bank (MB), Asia Commercial Joint Stock Bank (ACB), Nam A Commercial Joint Stock Bank (NamABank), Orient Commercial Joint Stock Bank (OCB), Vietnam Export Import Commercial Joint Stock Bank (Eximbank), Ban Viet Commercial Joint Stock Bank (BVBank), Saigon - Hanoi Commercial Joint Stock Bank (SHB ), Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank), Ho Chi Minh City Development Joint Stock Commercial Bank. Ho Chi Minh City (HDBank), Tien Phong Commercial Joint Stock Bank (TPBank), Kien Long Commercial Joint Stock Bank (Kienlongbank), Bac A Commercial Joint Stock Bank (BacABank).

These banks are responsible for monitoring, compiling statistics on implementation results and ensuring proper implementation of the committed subjects and interest rates. In addition, the State Bank encourages other commercial banks that wish to participate to continue registering for implementation according to current guidelines.

The State Bank of Vietnam said the credit program to support agriculture, forestry and fisheries is showing clear effectiveness, contributing to the recovery of production and promoting exports. Up to now, the loan package has been disbursed to nearly 23,800 customers through commercial banks.

The scope of the program's loan beneficiaries has now been expanded, according to Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 of the State Bank of Vietnam to the Credit Program for the agriculture, forestry and fishery sector. Accordingly, the loan beneficiaries are customers with projects or plans to serve production and business activities in the agriculture, forestry and fishery sector.

Since 2023, the State Bank has made many adjustments to expand the scale of the loan package from VND 15,000 billion to VND 30,000 billion, then VND 60,000 billion and VND 100,000 billion. Increasing the scale and expanding the scope of implementation not only helps businesses overcome difficulties, but also creates an important driving force for the agriculture, forestry and fishery sectors to develop sustainably, contributing positively to the country's economic growth.

Source: https://vtv.vn/nang-quy-mo-chuong-trinh-tin-dung-nong-lam-thuy-san-len-185000-ty-dong-100250925142255695.htm