Capital flow for double-digit targets.

An Giang, along with its banking system and credit institutions, is focusing on solutions to facilitate credit flow, promote socio-economic development, and contribute to achieving double-digit growth targets.

The agricultural sector has always been a priority for banks in terms of funding. In the photo: Farmers in Vinh Binh commune harvesting the winter-spring rice crop. PHOTO: PHAM HIEU

Capital – the "lifeblood" of growth

According to the State Bank of Vietnam's Regional Branch 15, An Giang province has 79 credit institutions. These institutions focus their capital on production and business activities, with a total outstanding loan balance of over 300,000 billion VND, an increase of more than 3.5% compared to the end of 2025 and more than 7.6% compared to the same period in 2025. Mr. Tran Van Phuoc, Acting Director of the State Bank of Vietnam's Regional Branch 15, said that the banking system in the province prioritizes capital flows to production and business sectors, especially agriculture, rural areas, key industries, logistics, border trade, and tourism. This is a "pillar" that helps the local economy maintain its growth momentum amidst a volatile market.

Mr. Vuong Hao Hon, Deputy Director of Agribank An Giang Branch, said that credit serving agriculture and rural areas continues to account for a large proportion of the total outstanding loans in the entire province. By the end of 2025, the total outstanding loans of the branch will reach VND 21,350 billion, an increase of VND 2,290 billion compared to 2024…

Vice Chairman of the Provincial People's Committee Le Trung Ho assessed that the banking sector's support has made a positive contribution to the province's GRDP. Industrial production indicators (IIP) in the first four months of the year increased by 13.13%; many key sectors maintained positive growth rates, leading to increased demand for working capital and investment capital for production expansion. Total import and export turnover increased by nearly 46%... “The province's development achievements have been greatly contributed to by credit capital, especially in the context of An Giang's determination to achieve a growth target of 10.71% in 2026 and 11% or more in the 2026-2030 term,” said Mr. Le Trung Ho.

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In line with the goal of double-digit growth.

According to Tran Thai Tuyen, Vice Chairman of the Provincial Business Association, the banking sector not only plays a role in providing capital but also acts as a partner accompanying the locality in achieving socio-economic development goals. However, in reality, many small and medium-sized enterprises (SMEs) still face difficulties in meeting loan requirements, especially regarding collateral and financial capacity. Mr. Tuyen proposed establishing a credit guarantee fund for small and micro-enterprises without requiring collateral; developing the venture capital market; and providing loans along the value chain, especially in key industries.

According to Mr. Vuong Hao Hon, to effectively fulfill its role in providing capital, Agribank An Giang Branch plans to invest at least 10,000 billion VND in the 2026-2030 period, prioritizing capital for agriculture, rural areas, and farmers; promoting microcredit and flexible financial solutions towards digitalization for farmers and small-scale producers, especially reducing paperwork and procedures for accessing loans… Meanwhile, VCB An Giang commits to boosting credit provision to priority sectors, small and medium-sized enterprises, innovative enterprises, and FDI; particularly participating in financing projects serving APEC 2027 and green projects aimed at sustainable development. In addition, the unit will consider adjusting interest rates to support and accompany businesses…

Workers at the Tac Cau fishing port, Binh An commune. Photo: PHAM HIEU

Several other credit institutions have also committed to prioritizing capital for production and business sectors, feasible projects, and businesses with sound recovery plans. In addition, they will continue to focus on effectively implementing the preferential credit program in accordance with the policies of the Government and the State Bank of Vietnam...

Mr. Tran Van Phuoc stated that, to contribute to achieving the province's goals, the banking system will continue to proactively and flexibly manage monetary policy, harmoniously combining it with fiscal policy to stabilize the macroeconomy, maintain stable interest rates and exchange rates. The goal is to direct capital flows into efficient production and business, digital transformation, and green credit to achieve double-digit growth…

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Comrade Le Trung Ho suggested that the State Bank of Vietnam's Regional Branch 15 research and advise on the establishment of a credit guarantee fund for small and medium-sized enterprises; focusing capital on priority areas, high-tech applications, marine economy, tourism, and logistics infrastructure. Commercial banks should resolutely innovate credit granting mechanisms, simplify loan procedures and documents; and continue to prioritize capital allocation to key sectors and driving projects of the province...

PHAM HIEU

Source: https://baoangiang.com.vn/dong-von-cho-muc-tieu-2-con-so-a489084.html