After more than 3 years, returning to Phung Gia Mushroom Company Limited, Tam Hop Commune (Binh Xuyen), we were surprised by the breakthrough of the factory. From small production workshops, the company has now invested in more modern factories, the entrance area and the operating house are designed synchronously, creating a spacious and professional appearance. In the beginning, the company encountered many difficulties, especially in terms of capital and production space.
Sharing with reporters, Mr. Phung Duc Dinh, Director of Phung Gia Mushroom Company Limited said: Starting from nothing, the company encountered many difficulties in accessing loans from credit institutions. Without collateral, the non-preferential loan mechanism created huge challenges for small businesses like Phung Gia Mushroom. To overcome those difficult times, my family mobilized all support from family and relatives, gradually developing into an agricultural enterprise with modern technology, creating edible mushroom products that meet 4-star OCOP standards. It can be said that preferential capital for SMEs is one of the important factors for businesses to quickly mature and develop.
In reality, many SMEs have not met accounting standards, making banks hesitant due to high risks. With the goal of making the private economy the main driving force of the economy, Resolution No. 68 focuses on breakthrough solutions in finance, credit and preferential policies, promising to create new capital flows for the business community. The Resolution requires perfecting the legal framework for Investment and Credit Guarantee Funds to expand capital sources from the budget, supporting seed capital for startups. At the same time, supporting low interest rates for circular projects, reducing greenhouse gas emissions, in line with ESG (Environment, Society, Governance) standards, with potential for sustainable development.
A typical example is Agribank, a bank that has implemented a credit package of 230 trillion VND in 2025, focusing on private enterprises, with preferential interest rates from 6 - 9%. With a large number of customers, including many SMEs in many fields such as agriculture, handicrafts, rural industry... Agribank Vinh Phuc branch determines to focus capital flows on the production and business sector, creating new opportunities for farmers and business households in rural areas to develop, pursue business models, and firmly build the pillars of the rural economy.
In order to implement the newly issued Resolution No. 68 of the Politburo and meet capital needs for production and business of enterprises, VietinBank Phuc Yen branch has resolutely implemented the Program to accompany corporate customers, which applies to short-term loans in VND/USD with flexible terms of up to 3 months, 6 months, 9 months and 12 months. In addition, there are packages to promote corporate customer credit with short-term disbursements in VND/USD up to 6 months.
In particular, the credit promotion package for large corporate customers with a package size of 60 trillion VND; the credit promotion package for small and medium-sized corporate customers with a package size of 33 trillion VND; the credit promotion package for FDI corporate customers with a package size of 40 trillion VND; the medium and long-term credit program to serve the investment needs of assets/projects of enterprises with a preferential period of up to 24 months; the preferential policy package to promote sustainable finance (GREEN UP) with a package size of 5,000 billion VND, applied to corporate customers with business/project investment plans with business/investment purposes with environmental protection factors/sustainable use of resources and energy.
VietinBank Phuc Yen branch proactively grasps difficulties and accompanies businesses. Actively implements credit programs and packages with preferential interest rates and flexible loan conditions to support businesses in accessing capital for production and business, especially SMEs affected by economic difficulties. Provides financial consulting services, supports businesses in building effective business plans, cash flow management and financial solutions suitable to the characteristics of each business. Consults and provides digital transformation solutions in banking operations, helping businesses save costs, time and improve transaction efficiency. With flexible solutions, VietinBank Phuc Yen branch will bring new opportunities to businesses, especially SMEs with conditions to invest in production lines and innovate production technology.
Resolution No. 68 emphasizes diversifying capital sources through mechanisms, providing preferential interest rates and increasing the proportion of commercial credit for supporting industrial enterprises, innovative startups, green transformation and digitalization.
Provincial enterprises need to accelerate market restructuring, upgrade and expand medium and long-term capital mobilization channels through corporate bonds and the stock market. From there, join forces with support and preferential capital from Resolution No. 68 to accelerate the process of digital transformation and technological innovation.
The government needs to reform more strongly to reduce costs and time, especially in accessing land and capital, creating a launching pad for the private economy to develop quickly and sustainably.
Article and photos: Chu Kieu
Source: http://baovinhphuc.com.vn/Multimedia/Images/Id/129147/Dan-von-vao-khu-vuc-san-xuat-dua-lan-gio-moi-vao-kinh-te-tu-nhan
Comment (0)