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Agribank affirms its pivotal position in the development of 'Agriculture, Rural Development'

(Chinhphu.vn) - On the evening of June 22, in Hanoi, the Vietnam General Confederation of Labor organized the "Glory of Vietnam" Program in 2025 with the theme "Pride and Aspiration". At the program, the Vietnam Bank for Agriculture and Rural Development (Agribank) was the only bank representative to be named, making a special mark with its great, persistent and responsible contributions to the development of the country - especially in the field of "Agriculture".

Báo Chính PhủBáo Chính Phủ23/06/2025

Agribank affirms its pivotal position in the development of 'Agriculture, Rural Development' - Photo 1.

Comrade Nguyen Trong Nghia - Politburo member, Secretary of the Party Central Committee, Head of the Central Propaganda and Education Commission speaks - Photo: VGP/HT

Attending the program were comrade Nguyen Trong Nghia - Politburo member, Secretary of the Party Central Committee, Head of the Central Propaganda and Education Commission; comrades of the Party Central Committee: Ho Duc Phoc - Deputy Prime Minister , along with leaders of departments, ministries, branches, and the Fatherland Front...

The "Glory of Vietnam" program is a prestigious annual event with profound political and social significance, aiming to honor heroic collectives and individuals, emulation fighters nationwide, and advanced models with outstanding achievements in the patriotic emulation movement, contributing to the cause of building and defending the Fatherland. In 2025, the "Glory of Vietnam" program with the theme "Pride and Aspiration" will continue to spread that sacred value by honoring collectives and individuals with a long history of achievements and great achievements in many fields.

At the Program, the Organizing Committee announced and honored 19 heroic and typical examples (13 groups, 6 individuals) with outstanding achievements and outstanding contributions to the cause of national construction and development. Agribank is the only bank representative honored in the Program. This is not only the pride of Agribank, but also a worthy recognition of the Party, State and society for the great, persistent and responsible contributions of Agribank in the cause of developing agriculture, rural areas and farmers - the strategic pillars of the economy.

Agribank affirms its pivotal position in the development of 'Agriculture, Rural Development' - Photo 2.

The Vietnam Bank for Agriculture and Rural Development (Agribank) is honored to be the only bank representative named, making a special mark with its great, persistent and responsible contributions to the country's development - especially in the field of "Agriculture, Rural Development" - Photo: VGP/HT

Pillar of agricultural and rural development

Carrying a dual mission - both performing the political mission of a 100% State-owned commercial bank and undertaking business tasks, after 37 years of construction and development, the mission for agriculture, farmers and rural areas of Vietnam has always been the "red thread" throughout the development journey of Agribank.

Constantly innovating and creating in capital supply, developing effective services, serving production and business development, Agribank is at the forefront of many breakthrough models, leaving a strong mark in each stage of development such as: piloting loans to farming households, establishing joint venture lending groups, mobile banks, proposing initiatives to establish a Bank for the Poor (the predecessor of today's Social Policy Bank), investing in clean agricultural development, linkage chains, high-tech agriculture... Agribank has deployed over 64,000 lending groups, mobile transaction point models using specialized cars with nearly 4,000 transaction sessions serving tens of thousands of customers, especially in rural, mountainous, remote and isolated areas.

In addition, Agribank is a pioneer in bringing "green finance" into agricultural development, supporting circular production models, reducing emissions, aiming for sustainable development and realizing Vietnam's commitment to "net zero emissions" by 2050.

Pioneering in implementing macroeconomic policies and social security

Agribank is the key bank implementing the policies of the Party and the State, contributing significantly to stabilizing the macro-economy, controlling inflation, promoting growth and ensuring social security, developing agriculture - the "pillar" of the economy in a modern and sustainable direction. Agribank has been effectively implementing 7 policy credit policies, 3 national target programs on new rural construction, sustainable poverty reduction and socio-economic development in ethnic minority and mountainous areas. With a market share of agricultural and rural credit accounting for 1/3 of the entire industry, Agribank has been playing a vital role in providing capital for agricultural production, thereby not only ensuring food security but also making an important contribution to macroeconomic stability, ensuring social security and sustainable development.

Not only playing an important role in leading the market, Agribank is also one of the enterprises with the largest budget contribution to the country with more than 43,000 billion VND paid to the budget in the period of 2021-2024 (in 2024 alone, it reached more than 15,000 billion VND), for many consecutive years in the TOP 10 enterprises paying the largest taxes in Vietnam, affirming its pivotal role in the Vietnamese financial and banking system.

In addition to business activities, Agribank always promotes the spirit of "Banking for the community". Every year, the bank spends 500 - 600 billion VND on social security activities. In 2024 alone, this figure will reach nearly 700 billion VND with a series of housing projects, schools, medical stations, disaster relief, environmental protection... being deployed nationwide, contributing to improving living conditions for tens of thousands of people.

Agribank's selection for honor at the "Glory of Vietnam" program in 2025 is a testament to its 37-year journey of steadfastness, dedication and effectiveness in fulfilling its mission of serving the development of agriculture, farmers and rural areas - the core foundation of Vietnam's economy.

Mr. Minh

Source: https://baochinhphu.vn/agribank-khang-dinh-vi-the-tru-cot-trong-su-nghiep-phat-trien-tam-nong-102250623102001838.htm


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