The Government has just issued Decree No. 156/2025/ND-CP dated June 16, 2025, amending and supplementing a number of articles of Decree No. 55/2015/ND-CP on credit policies serving agricultural and rural development (which was amended and supplemented by Decree No. 116/2018/ND-CP).

According to Decree 156, the maximum loan amount without collateral will be significantly increased for individuals, households, cooperatives, and farm owners, in order to better meet the capital needs for agricultural production.

Specifically, the unsecured loan amount for individuals and households has been increased from 100-200 million VND to 300 million VND; the unsecured loan amount for cooperatives and business households has been increased from 300 million VND to 500 million VND;

The unsecured loan limit for farm owners has been increased from 1-2 billion VND to 3 billion VND; the unsecured loan limit for cooperatives and cooperative unions has been increased from 1-3 billion VND to 5 billion VND.

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Individuals can borrow up to 300 million VND through unsecured loans. Photo: Nam Khánh.

Decree 156 also amends Clause 3 of Article 9 to simplify administrative procedures, making it easier for customers to borrow capital from credit institutions.

Specifically, the new regulations remove the requirement to submit a certificate confirming that the land has not been issued a land use right certificate and that the land is not in dispute, issued by the commune-level People's Committee. At the same time, the submission of land use right certificates and ownership certificates for assets attached to the land during the loan period without collateral will be subject to agreement between the customer and the credit institution, instead of being mandatory as before.

Regarding debt restructuring, maintaining the same debt classification, and setting aside risk provisions, Decree 156 stipulates that the State Bank of Vietnam shall issue specific guidelines.

Accordingly, the State Bank of Vietnam will regulate the restructuring of loan repayment terms for loans that remain in the same loan classification group as stipulated in Decree 55; and will also provide guidance on loan classification and risk provisioning to comply with the Law on Credit Institutions and other relevant legal regulations.

The new decree stipulates that if a customer suffers losses due to objective reasons or force majeure and is eligible for multiple support policies from the state budget, they may only choose one policy to benefit from.

The revised and supplementary regulations in Decree 156 aim to meet the actual capital needs for agricultural production and continue to promote the effectiveness of rural credit policies.

Source: https://vietnamnet.vn/ca-nhan-co-the-vay-300-trieu-dong-ma-khong-can-tai-san-bao-dam-2413410.html