Facilitate people's access to agricultural credit

The Government has just issued Decree No. 156/2025/ND-CP amending and supplementing a number of articles of Decree No. 55/2015/ND-CP on credit policy for agricultural and rural development (amended in Decree 116/2018/ND-CP). The policy amendment is to suit reality, meet the increasing capital needs of people in agricultural production, and contribute to the common efforts to achieve the goal of accelerating socio-economic development.

Accordingly, Decree No. 156/2025/ND-CP increases the maximum unsecured loan amount for individuals, households, cooperatives, business households, cooperatives, cooperative unions and farm owners. Specifically, the unsecured loan amount for individuals and households residing in rural areas or having production and business activities in the agricultural sector increases from 100-200 million VND to 300 million VND. The unsecured loan amount for cooperatives and business households operating in rural areas is increased from 300 million VND to 500 million VND. The unsecured loan amount for farm owners is increased from 1-2 billion VND to 3 billion VND. The unsecured loan amount for cooperatives and cooperative unions is increased from 1-3 billion VND to 5 billion VND.

In addition to raising the limit, Decree No. 156/2025/ND-CP also simplifies loan procedures. Specifically, people do not need to submit a certificate of land without a red book or no dispute as before. The submission of land use right certificates will be carried out according to the agreement between the bank and the customer, instead of being mandatory. Notably, Decree No. 156/2025/ND-CP also expands the subjects eligible for credit incentives such as organic and circular agriculture, allowing access to capital and handling risks similar to high-tech production models or chain linkages.

The issuance of Decree 156/2025/ND-CP is a concrete step to unlock credit resources, promote agricultural and rural development, and contribute to the completion of sustainable growth goals in the coming period.

THANH HONG

Source: https://baobinhduong.vn/tao-thuan-loi-cho-nguoi-dan-tiep-can-tin-dung-nong-nghiep-a349252.html