In its business strategy, Agribank identifies CNC agriculture as a priority sector and always offers many incentives to borrowers through the synchronous implementation of many solutions to create capital sources for credit growth and customer support. Accordingly, Agribank improves processes, shortens project appraisal time, loan plans, reduces costs to expand capital for credit investment, helping customers access loans quickly. At the same time, it actively implements policies on promoting green banking, applying ESG standards and integrating them into business strategies to contribute to greening banking operations, protecting the environment and supporting the community, contributing to the implementation of international commitments in Vietnam.

CNC application is facing many barriers, especially the issue of investment capital.

As soon as the State Bank issued Decision No. 813/QD-NHNN directing commercial banks to implement a loan program to encourage the development of hi-tech agriculture and clean agriculture, Agribank responded strongly and immediately implemented a credit package of VND50,000 billion and was the bank with the highest loan commitment among the registered commercial banks. However, Mr. Tuan said that there are still many difficulties and obstacles in the process of lending capital to implement hi-tech agriculture. Specifically, policies related to hi-tech agriculture development still have many shortcomings such as the granting of certificates of ownership of assets on agricultural land, creating conditions to support customers in mortgage procedures for bank loans still encounter many difficulties; the criteria for determining hi-tech agriculture and clean agriculture programs and projects are still general, and there are no regulations on which agency confirms the project criteria, so commercial banks lack the basis to determine loans under the Program.

According to statistics from the Department of Science, Technology and Environment, investment in research and application of science and technology (S&T) is still limited and ineffective. Currently, the general state budget investment in S&T accounts for only 0.6% of GDP, while S&T is only about 0.21% of the total investment in agriculture. Meanwhile, the rate of non-budgetary investment in agriculture is still low, and there is no effective solution to mobilize business resources for S&T in agriculture...

Mr. Dang Kim Son, Permanent Vice President of the Association of CNC Agricultural Enterprises, said that in the development of CNC agriculture, capital is a very important factor. Because the investment costs for infrastructure construction, environmental treatment, seed investment, and labor training according to the CNC model are often quite expensive. For example, to build a medium-sized livestock farm according to the CNC model, it takes about 140-150 billion VND (4-5 times more than a traditional livestock farm); or the Israeli drip irrigation system that is automatically applied also requires an investment of billions of VND...

Sharing this view, Mr. Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) said that to develop CNC agriculture, first of all, there must be large investment capital to build infrastructure, treat the environment, invest in plant varieties, livestock, machinery, technology, train workers, introduce and consume products... but in reality, it is still lacking and difficult to attract investors because agricultural production is still very fragmented. Especially the legal framework, regulations and guidelines related to the field of CNC agriculture, green finance to clear the "corridor" for domestic and foreign enterprises and financial institutions to participate in the CNC agriculture market, green finance is not complete and attractive enough.

According to experts, although the CNC agricultural model has initially brought practical economic efficiency and is gradually becoming the main development direction of the agricultural sector, however, the process of applying CNC on a regional scale, and more broadly, the whole country, is facing many barriers, especially the issue of investment capital. The main reason for this situation is that there is currently a lack of preferential policies that are attractive enough to attract businesses to invest in the CNC sector.

Currently, the policy to support enterprises applying CNC only stops at tax and fee exemptions and providing part of the infrastructure according to local planning. In particular, there is no specific policy to encourage venture investment in research. Therefore, experts say that it is necessary to increase budget investment for research and technology transfer in Vietnam's agricultural sector to a level equivalent to that of other countries in the region, about 0.84% ​​of agricultural GDP; pilot the implementation of the public-private partnership mechanism to mobilize resources from the private economic sector in science and technology activities, innovate the activities of public scientific research organizations in the direction of enhancing autonomy... Therefore, to attract resources to pour into the CNC agricultural sector, it is necessary to first "untie" this "bottleneck".