Lao Dong Newspaper published a presentation by the Vietnam Bank for Agriculture and Rural Development (Agribank) within the framework of the Workshop "Effectively mobilizing capital sources, serving double-digit growth goals" organized by Lao Dong Newspaper in coordination with the Ministry of Finance and the State Bank of Vietnam on March 12, 2026.
Among the capital mobilization channels for the economy today such as bank credit, from issuing bonds, stocks, public investment, foreign investment and domestic and foreign investment funds, bank credit is still the most important capital mobilization channel and accounts for the largest proportion. For many years, bank credit has still been the main capital supply channel of the economy, accounting for over 50% of the total investment capital of the entire economy.
Although the bond market has recently received more attention, it still cannot meet the long-term capital needs of the economy, while public investment is difficult to expand strongly in scale and is often mainly allocated to transport infrastructure projects. By the end of 2025, economic growth still largely depends on bank credit (the credit/GDP ratio is very high, nearly 146%).
In order to achieve the growth target of 10% by 2026, while the bond market cannot replace the long-term capital mobilization channel for the economy, the role of bank credit capital is still playing a key role.
By the end of 2025, Agribank's total outstanding credit balance reached nearly 2 million billion VND, an increase of nearly 15% compared to the end of 2024. With the role of a key bank lending to the agricultural and rural sectors, Agribank's credit capital has covered communes, wards, and towns across the country with outstanding loans reaching nearly 1.3 million billion VND, an increase of about 20% compared to the previous year, accounting for the highest market share in the entire banking industry and accounting for about 64% of Agribank's total outstanding loans.
Agribank actively implements credit programs serving agriculture under the direction of the Prime Minister and the SBV, such as loan programs for forestry and fishery sectors, and loan programs for linking production, processing and consumption of high-quality and low-emission rice products in the Mekong Delta region according to Decision 1490/QD-TTg.
At the same time, Agribank has also synchronously implemented solutions to support businesses and people to access credit capital such as maintaining stable and reasonable lending interest rates, proactively implementing many preferential credit programs and products early, and implementing many solutions to remove difficulties for customers affected by natural disasters and storms.
Our country is in a period of strong transformation, the story of providing credit capital of the banking industry cannot just stop at scale, but more importantly, directing capital flows into sectors that create large added value and sustainable growth momentum for the economy.
Last year, Agribank's credit balance for production and business accounted for about 80% of the total outstanding balance. Besides the main business line of serving agriculture and rural areas, Agribank has also strengthened credit for processing industrial projects associated with the value chain and fields of leading nature for the entire economy with a preferential credit package of 60,000 billion VND for businesses investing in infrastructure and digital technology.
In addition, Agribank plays a pioneering role in green credit, especially in the agricultural - rural sector. Green credit balance by the end of 2025 reached 28,356 billion VND, focusing on clean agriculture, sustainable forestry, renewable energy, environmental treatment and circular economy. Many projects have brought practical efficiency: Reducing emissions in livestock and crop production, promoting organic production, expanding use, renewable energy, developing a value chain of green - clean - sustainable agricultural products.
The target of economic growth of at least 10% in 2026 is an ambitious but feasible goal if the resources of the economy are mobilized and allocated effectively. To achieve this goal, the economy needs a large and timely amount of capital, in which bank credit capital still plays a key role.
Placed in the context that Vietnam is drastically promoting green economic transformation, sustainable integration in the digital age as it is today, the requirement for Agribank's credit work in the 2026-2030 period is focused and key growth, safe and effective credit growth, strict control of credit quality, risks and capital use efficiency with some key orientations as follows:
First, continue to maintain the role of a key bank serving agriculture and rural areas but in a more modern direction, associated with high-tech agriculture, key agricultural product value chains and green, clean, and sustainable agriculture.
Second, orienting credit into high value-added production and business sectors, priority sectors, green economy, digital economy, circular economy, growth drivers and policy programs under the direction of the Government, the Prime Minister and the State Bank.
Third, promote comprehensive digital transformation, promote the implementation of a comprehensive financial strategy; develop many credit products and services on the electronic banking channel, aiming to simplify procedures and shorten lending time so that customers can access credit capital faster and more conveniently.
Fourth, continue efforts to reduce costs to reduce the general level of lending interest rates, increasing access to credit capital for customers.
Fifth, in parallel with expanding credit, Agribank will strengthen risk management, soon apply Basel III, identify early, closely monitor potentially risky debts, and limit new bad debts from arising.
To support Agribank in successfully completing the task of providing capital to the economy, contributing to completing the economic growth scenario in 2026, Agribank has made a number of proposals and recommendations to the Government, SBV, Ministry of Finance and ministries, branches, and local authorities as follows:
First, Agribank proposed that the National Assembly and the Government consider and soon approve the plan to supplement charter capital of 29,690 billion VND for the period 2025-2027 for Agribank, and at the same time have a mechanism to supplement charter capital from annual profits for state-owned commercial banks to strengthen the financial capacity and credit granting capacity of Agribank and state-owned commercial banks as the main capital supply channel of the banking industry.
At the same time, Agribank proposed that local agencies and units with temporarily idle capital deposited at Agribank, which is a commercial bank with a large proportion of lending to agriculture and rural areas, contribute to supporting Agribank in mobilizing capital at reasonable interest rates.
Second, it is respectfully requested that ministries, departments, and localities, together with the SBV in the regions, pay attention to introducing key and feasible investment projects, and potential customers in the areas so that Agribank can access investment and accompany customers right from the start of implementing plans and projects, especially plans and projects for infrastructure investment, digital technology, plans and projects for green, clean, and sustainable economic transformation.
Third, the Government directs ministries and sectors to accelerate the completion of the mechanism for connecting and sharing data to serve credit appraisal and fraud prevention, especially databases on population, land, business registration and taxes.
Finally, I respectfully request agencies, units, and authorities at all levels to support Agribank in handling debts, seizing collateral, and handling collateral that has been seized according to the amended Law on Credit Institutions in 2025.
With the role of the State's main commercial bank, Agribank will continue to accompany people, businesses and the economy, maintaining its mission of serving "three-agriculture", and at the same time promote sponsorship for sectors that create economic growth momentum in the new period of the country.
