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Expanding the loan target of 100,000 billion VND package in the fields of agriculture, forestry and fishery

(PLVN) - On April 15, 2025, the State Bank of Vietnam (SBV) issued Official Dispatch No. 2756/NHNN-TD requesting commercial banks to implement the Credit Program for the agriculture, forestry and fishery sectors.

Báo Pháp Luật Việt NamBáo Pháp Luật Việt Nam15/04/2025

Implementing the direction of the Government and the Prime Minister in Resolution No. 46/NQ-CP dated March 8, 2025 on the regular Government meeting in February 2025 and Directive 05/CT-TTg dated March 1, 2025 on increasing the scale of the credit program for the forestry and fishery sector to over VND 100,000 billion and expanding the scope and participants to the Credit Program for the agriculture, forestry and fishery sector, on April 15, 2025, the State Bank of Vietnam (SBV) issued Official Dispatch No. 2756/NHNN-TD requesting commercial banks to implement the Credit Program for the agriculture, forestry and fishery sector.

Specifically, the scope and subjects participating in the 100,000 billion VND credit program in the agriculture, forestry and fishery sector are customers with projects/plans serving production and business activities in the agriculture, forestry and fishery sector. The program will be implemented until the loan turnover reaches 100,000 billion VND (according to the registration level of commercial banks).

The State Bank also requires the banks: Vietnam Bank for Agriculture and Rural Development, Vietnam Joint Stock Commercial Bank for Investment and Development, Vietnam Joint Stock Commercial Bank for Industry and Trade, Vietnam Joint Stock Commercial Bank for Foreign Trade, Loc Phat Joint Stock Commercial Bank, Saigon Thuong Tin Joint Stock Commercial Bank, Military Joint Stock Commercial Bank, Asia Commercial Bank, Nam A Commercial Bank, Phuong Dong Joint Stock Commercial Bank, Vietnam Import-Export Joint Stock Commercial Bank, Ban Viet Joint Stock Commercial Bank, Saigon - Hanoi Commercial Bank, Vietnam Thuong Tin Joint Stock Commercial Bank, Ho Chi Minh City Development Joint Stock Commercial Bank to monitor and compile statistics on the results of the Program's implementation and be responsible for the accuracy of the data reported to the State Bank, and provide it to other relevant agencies (if any). Commercial banks are responsible for implementing the Program in accordance with its commitments (regarding subjects and interest rates).

In addition, the State Bank also emphasized that the State Bank encourages other commercial banks wishing to participate in the Program to follow the State Bank's instructions in this official dispatch.

Source: https://baophapluat.vn/mo-rong-doi-tuong-cho-vay-goi-100000-ty-dong-trong-linh-vuc-nong-lam-thuy-san-post545482.html


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