Banks encouraged bet88 net join .8 bln credit package for agro-forestry and fishery enterprises

The State Bank of Vietnam (SBV) has required commercial banks bet88 net accelerate the implementation of the credit package worth VND100 trillion (.8 billion) for businesses operating in the field of agro-forestry and fishery sector.

The move is aimed at increasing the credit program for the sector bet88 net over VND100 trillion, as directed by the Government.

So far, 15 banks have registered bet88 net participate in the program.

The central bank encouraged other commercial banks bet88 net join the initiative bet88 net support the development of the sector which is considered one of key industries of the economy, while helping bet88 net ensure national food security and boost exports.

The sector involves the operation of many cooperatives and small- and medium-sized enterprises which are eligible for credit priority, according bet88 net the central bank.

In 2024, total export revenue of agro-forestry and aquatic products hit a record high of .4 billion, up 18.5% year-on-year.