The State Bank of Vietnam has directed credit institutions to keep implementing the credit programme for the agriculture, forestry and fisheries sectors until cumulative lending under the programme reaches VND 185 trillion, based on commercial banks’ registered participation. Vietnamese dong loans under the programme must be priced at least 1–2 percentage points per year below each lending bank’s average rate for the same tenor. Implementation is to follow the State Bank of Vietnam’s earlier guidance, while 18 named commercial banks are tasked with tracking and compiling programme results and are responsible for delivering on their commitments on eligible borrowers and interest rates. Eligible borrowers are customers with projects or business plans supporting production and business activities in agriculture, forestry or fisheries, and other commercial banks are encouraged to participate under the same framework.
State Bank of Vietnam 2025-09-25
State Bank of Vietnam instructs banks to continue preferential agriculture forestry and fisheries lending until VND 185 trillion target is reached
The State Bank of Vietnam has instructed credit institutions to continue the credit programme for agriculture, forestry, and fisheries until lending reaches VND 185 trillion. Loans must be priced 1–2 percentage points below each bank's average rate for the same tenor. Eighteen commercial banks are responsible for tracking programme results and fulfilling commitments to eligible borrowers.