Agriculture and rural areas are a "spearhead" of credit growth of commercial banks in the area with outstanding loans reaching more than 50,232 billion VND. Since the beginning of the second quarter of 2025, the Livestock industry in Ha Tinh has faced many challenges due to the African swine fever epidemic. Many businesses, cooperatives, and livestock farmers have faced the pressure of disease on livestock, pushing up production costs.
With the aim of supporting the agricultural sector, credit institutions continue to provide capital for businesses and people to invest in synchronous and modern livestock infrastructure as well as provide working capital for livestock farmers to cope in difficult circumstances.
With the goal of diversifying revenue sources, in addition to its strength in animal feed production, Thien Loc Animal Feed Joint Stock Company (Can Loc commune) also "tried its hand" in the field of breeding sows and commercial pigs. Currently, the enterprise is facing many difficulties at the same time such as: animal feed production decreased due to people limiting herd restoration and herd increase due to African swine fever. At the same time, the output of breeding pigs and commercial pigs of the enterprise is difficult, having to extend the breeding time, incurring many costs.
According to the leader of Thien Loc Animal Feed Joint Stock Company, when the market is difficult, businesses need the support and assistance of the banking industry the most. In addition to the medium and long-term capital of tens of billions of VND for investment in infrastructure and production technology, businesses are provided with working capital loans from Vietcombank Ha Tinh to maintain a stable production chain and create jobs for workers.
Mr. Duong Quoc Khanh - Deputy Director of Vietcombank Ha Tinh said: The branch's outstanding debt is currently over 18,100 billion VND. Recently, although the economy has recovered, the business community, cooperatives and people still face difficulties from the impact of military conflicts and trade conflicts in the world. The Livestock Industry of Ha Tinh faces challenges, Vietcombank has had preferential interest rate policies. In addition, enterprises with effective production and business, quick capital turnover continue to receive "cheap" loans (from only 4.2%/year), creating motivation for enterprises to accelerate the end of the year, contributing to promoting economic growth in the province.
Along with the agricultural sector, banks continue to invest in the industrial - construction, trade - service sectors with constantly increasing outstanding loans, creating a driving force for the economy in the final stages of the year. Exporting enterprises are accelerating, expanding orders to many countries to increase foreign currency revenue. During their operations, the export business sector is provided with loans from banks to invest in factories, change production lines towards automation, import raw materials, etc.
Mr. Nguyen Van Son - Chairman of the Trade Union of Song La Xanh Packaging Joint Stock Company (Duc Tho commune) shared: We are striving to reach the revenue target of 250 billion VND in 2025. In addition to economic value, the enterprise has succeeded in building the Ha Tinh packaging product brand in the markets of Japan, Korea, Thailand, Philippines... The business results of the unit are supported by the banking sector with loans for investment in infrastructure, production machinery and working capital with quite "soft" interest rates.
In 2025, Ha Tinh will focus on implementing major resolutions, including Resolution 68/NQ-TW dated May 4, 2025 of the Politburo on private economic development. Accompanying the province, the banking sector has created conditions for "capital injection" for private enterprises and production and business households to boldly realize the strategy. In addition to urban areas, "banks" have "infiltrated" to provide capital for the private economic sector in rural areas, contributing to strongly promoting rural economic development.
Ms. Ha Thi Huyen - Secretary of the Party Committee of Son Giang commune said: "The commune currently has 13 enterprises, 641 business households operating in the fields of agriculture, forestry, construction... Outstanding credit balance of the whole commune reached over 286 billion VND, mainly belonging to the private economic sector. The banking sector has created conditions for enterprises and rural people to access preferential capital sources, focusing on deep processing of key products such as deer antlers, honey, afforestation, and forest product processing. The commune aims to have 25 enterprises by 2030. Bank capital will create a driving force for the private economic sector in the area to continue to accelerate and develop commensurate with its potential and strengths."
Currently, in addition to conventional credit programs, credit institutions also focus on green credit, providing cheap capital for sustainable production sectors. Mr. Le Dai Duong - Deputy Director of MB Bank Ha Tinh said: Green credit balance focuses on the following areas: clean and renewable energy, green agriculture, sustainable forestry, waste treatment, recycling and water management. MB Bank Ha Tinh is promoting credit in industries that are transitioning towards sustainable production such as: rice, textiles, electrical equipment, medical supplies, clean energy, electric car manufacturing... Not only expanding the capital scale, MB also implements a preferential interest rate mechanism reducing by 1 - 2% for loans in the green sector...
As of July 31, 2025, outstanding loans of Ha Tinh Banking sector reached about 121,020 billion VND, an increase of 11.1% compared to the beginning of the year.
According to the leader of the State Bank of Region 8, in the end of the third quarter and the fourth quarter of 2025, credit is forecast to continue to grow strongly as the capital demand of people and businesses increases. With the role of the lifeblood of the economy, the banking industry continues to increase access to capital for customers; implement solutions to support difficulties for businesses and people affected by natural disasters and epidemics; increase credit growth in priority areas, economic drivers, contributing to completing the target of Ha Tinh's GRDP growth in 2025 at 8.7%.
Source: https://baohatinh.vn/ngan-hang-ha-tinh-tang-cuong-bom-von-phat-trien-san-xuat-kinh-doanh-post293840.html
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