Hanoi, June 6 -- Green credit has become a key source of financial support for farmers, cooperatives, and enterprises to restructure their cultivation practices as Vietnam's agricultural sector is striving to transform from traditional farming methods to sustainable and eco-friendly models. The banking sector has stepped into a leading role, opening financial pathways to help with the green transition. At the forefront is the Vietnam Bank for Agriculture and Rural Development (Agribank), which recently launched a preferential credit package worth 50 trillion VND (1.92 billion USD), effective from April 2025. The short-term loan programme offers an annual interest of 4.5%, or 0.3-0.5 percentage point lower than standard market rates. The ini...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.