Agribank Capital - Motivation for Farmer Households to Restructure Agricultural Production

Agribank is a State-owned commercial bank that plays a key role in providing credit for production and business development, especially in the agricultural and rural areas. Credit capital is the lifeblood of the economy, and credit capital from Agribank is becoming a lever to help farmers in the Mekong Delta invest in technology and expand production. This contributes to promoting economic restructuring in many localities, gradually improving living standards, helping people realize their dream of getting rich on their homeland.

* Investing capital in technology

The story of Mrs. Tran Cam Nhung's family in Vinh Tuong commune, Can Tho city is a typical example of realizing the dream of sustainable wealth from rice.

Mrs. Nhung’s family has been making a living from the rice business and providing rice drying services for many years. Born and raised in the largest rice granary in the country, Mrs. Nhung and her husband have a deep understanding of the seasons as well as rice cultivation techniques. Thanks to their diligence in production and dynamic business, the family’s economy is always stable.

However, the real turning point came when the couple boldly borrowed capital from Agribank to invest in expanding the rice storage and installing two new technology drying towers. This is an advanced type of equipment, capable of drying evenly - quickly - saving space - highly automated and maintaining the quality of agricultural products after drying. In particular, the equipment can also be used for many types of agricultural products and flexibly adjusts to many different drying modes.

Agribank staff visited the tower drying kiln of Ms. Tran Cam Nhung's family (Vinh Tuong commune, Can Tho city).

This strategic investment quickly brought about outstanding results, completely changing the scale and performance of the family business.

Mr. Nguyen Huu Ngoc, Mrs. Nhung's husband, shared: "With a drying capacity of 110 tons/12 hours, in addition to the purchased rice, the family also receives drying orders for people in the area, combined with rice storage rental services. Thanks to that, the family's income has increased significantly."

The business is invested in properly, expanded in scale and developed stably, helping the family have enough to eat and save, while also creating seasonal jobs for dozens of local workers during the harvest season.

Mr. Ngoc added: "In the near future, my family plans to expand the warehouse by 2,000 m², increasing the total area to 9,000 m², both to handle the amount of purchased rice and to support warehouses for households in the same profession but do not have the conditions to invest in infrastructure."

* Develop production - purchase - consumption model

In addition to investing heavily in advanced production models and applying automation to improve productivity and quality of agricultural products, Agribank also plays a pioneering role in forming and developing agricultural product value chains.

Thanks to access to capital from Agribank, Mr. Ho Hoang Thuan’s family (Binh Thanh commune, Tay Ninh province) has risen to stabilize their life in the border area, where nearly 30 years ago, when he and his wife came to start a business, they had nothing. Currently, Mr. Nghiep owns more than 5 hectares of land growing lemons and rice and also provides agricultural product purchasing services.

Mr. Thuan's production - purchasing - consumption model not only helps his family's economy become more prosperous but also spreads community values, supporting many local seasonal workers to have more income, especially during the harvest season.

Mr. Ho Hoang Thuan (left cover) from Binh Thanh commune, Tay Ninh province has risen to stabilize his life in the border area.

Mr. Thuan shared: "At first, I only dared to borrow a few tens of millions of dong. Now the loan limit has been increased to billions of dong. Agribank has preferential interest rates, clear procedures, and easy access. Thanks to that, my wife and I feel secure in investing in expanding production areas and expanding agricultural product purchasing and consumption activities for local farmers."

* Pioneer in providing rural financial services

With the mission of developing "agriculture, rural areas", over the past time, Agribank branches in the Mekong Delta region have always made constant efforts to achieve and exceed assigned targets and tasks, affirming their pioneering role in providing rural financial services, contributing to promoting local socio-economic development.

Mr. Nguyen Thanh An, Deputy Director of Agribank Vi Thuy Hau Giang Branch, said: "In addition to doing a good job of disbursing, we closely coordinate with departments and organizations in propaganda, supervision, and support for people to use capital effectively, develop family economy and build a more prosperous homeland."

As of August 2025, the total mobilized capital of Agribank Bac Long An Branch reached nearly 11,000 billion VND, the total outstanding loans reached nearly 20,000 billion VND, in which the lending rate for agriculture and rural areas reached nearly 97% of the total outstanding loans, the safety ratios according to regulations ensured full implementation by the State Bank and Agribank.

Ms. Huynh Thi Kim Khanh, Deputy Director of Agribank Bac Long An Branch, shared: "We are continuing to effectively implement preferential credit programs, accompanying national target programs such as new rural construction, sustainable poverty reduction, socio-economic development in ethnic minority and mountainous areas. In parallel with business activities, the Branch always actively participates in social security activities, contributing to improving people's lives and spreading the image of Agribank - a bank for the community".

Ms. Huynh Thi Kim Khanh, Deputy Director of Agribank Bac Long An Branch.

Agribank has contributed to creating a closed, efficient agricultural ecosystem, ensuring stable output and increasing added value for agricultural products in the Mekong Delta. Agribank's strategic and comprehensive investment has affirmed its indispensable role in the modernization of agriculture and rural areas in the Mekong Delta.

Agribank's capital has been changing strongly, becoming the core driving force for the restructuring of the region's agricultural sector towards modernity and sustainability. This capital flow not only accompanies "three farmers" but also focuses on investing in high technology, developing the industry value chain, creating a prosperous and sustainable agriculture for the future.

MINH HUYEN - MINH KHUONG

Source: https://baocantho.com.vn/nguon-von-agribank-dong-luc-cho-nong-ho-tai-co-cau-san-xuat-nong-nghiep-a189458.html