Preferential credit: Contributing to enhancing product value.

With timely support from Agribank, many businesses and farmers have boldly invested in technology and transformed their production models into green ones, contributing to increasing product value.

In the context of Vietnam's agriculture transforming towards modernization, reducing emissions, and meeting the stringent standards of the international market, the 185 trillion VND credit package for the agriculture, forestry, and fisheries sector currently being implemented has helped farmers and businesses confidently invest in production.

Officials from Agribank's Dak Lak branch visited the coffee farming model of Mr. Tran Van Than's family in Ea O commune.

Mr. Tran Van Than's family in Ea O commune owns 7 hectares of barren land. Thanks to a loan from Agribank Ea Kar Branch, he decided to cultivate durian intercropped with coffee and other fruit trees using a green production model. According to Mr. Than, the biggest advantage is the quick and easy loan application process; bank officials directly visit the farm to survey, assess, and guide the application process. More importantly, the reasonable interest rate has helped his family reduce financial pressure and invest with peace of mind.

Thanks to this capital, his family's production model has begun to yield positive results. This year, the family expects to harvest approximately 2 tons of coffee beans and 7 tons of rambutan; the durian trees are growing well, promising high economic value in the coming years.

Beyond just supporting farming households, credit from Agribank also plays a crucial role in helping businesses enhance their competitiveness, especially in the context of increasingly deep international economic integration.

At Viet Thang Production - Trade - Service Co., Ltd. (Ea Kar commune), medium and long-term capital from Agribank has become a driving force helping the enterprise innovate technology and expand production scale. As a company specializing in the production of boots and footwear, Viet Thang has effectively utilized the loan capital to invest in modern production lines, contributing to improving product quality.

According to Ms. Nguyen Thi Dung, Director of Viet Thang Production - Trade - Service Co., Ltd., preferential capital has enabled the company to invest in modern machinery and equipment. The new production line not only helps reduce raw material consumption and save costs but also improves product uniformity, thereby reducing the defect rate by about 10%. This is a crucial factor in helping the company meet the stringent standards of the international market.

Beyond simply providing capital, Agribank also partners with businesses in advising on cash flow management, ensuring that capital is used for its intended purpose and effectively. This support helps businesses mitigate financial risks and maintain the ability to repay debts on time – a crucial factor for sustainable development.

Mr. Vo Tien Nam, Deputy Director of Agribank Dak Lak Branch, said that the bank is focusing its resources on key areas such as supporting small and medium-sized enterprises, import and export, and digital transformation. Large-scale credit programs are being implemented, such as the 60 trillion VND package to support production and business activities and goods procurement, with interest rates 0.8-1.2% lower per year than usual; or the program to support export businesses with a scale of 35 trillion VND and 100 million USD... These programs not only help businesses access low-cost capital but also create conditions to expand markets, improve production capacity, and participate more deeply in the global value chain.

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Source: https://baodaklak.vn/kinh-te/202605/tin-dung-uu-dai-gop-phan-nang-cao-gia-tri-san-pham-7095808/