Preferential credit program launched bóng đá bet88 develop 1 million ha of high-quality, low-emission rice

The State Bank of Vietnam (SBV) has launched a program offering low-interest loans bóng đá bet88 farmers for developing one million ha of high-quality, low-emission rice cultivation in the Mekong Delta region by 2030.

The SBV has instructed credit institutions bóng đá bet88 offer farmers and rice producers a preferential loan interest rate at least 1% lower than the rate currently applied bóng đá bet88 customers of the same loan term, or in the same customer segment.

The credits are intended bóng đá bet88 help meet the short, medium, and long-term capital needs for all stages of the rice supply chain, from cultivation, production and purchasing bóng đá bet88 processing and consumption.

The credit institutions are required bóng đá bet88 balance their capital sources and reduce costs bóng đá bet88 offer the preferential rate.

The credit program will be implemented in two phases.

In the first phase from now through 2025, the program will be piloted by the Vietnam Bank for Agriculture and Rural Development (Agribank).

In the second phase, from the end of the pilot phase bóng đá bet88 2030, the program will be implemented by other banks and credit institutions.