Overview of Credit for Farm Development

Received: 20-02-2021

Accepted: 23-06-2021

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TỔNG QUAN

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Hung, N., Thanh, P., & Duong, P. (2024). Overview of Credit for Farm Development. Vietnam Journal of Agricultural Sciences, 19(9), 1261–1269. http://testtapchi.vnua.edu.vn/index.php/vjasvn/article/view/886

Overview of Credit for Farm Development

Nguyen Manh Hung (*) 1, 2 , Pham Tien Thanh 3 , Pham Bao Duong 2

  • 1 Ngân hàng KB Kookmin - Chi nhánh Hà Nội
  • 2 Học viện Nông nghiệp Việt Nam
  • 3 Trường Đại học Tôn Đức Thắng
  • Keywords

    Access to credit, farm development, farm production scale

    Abstract


    The farm with the outstanding features of large-scale agricultural commodity production, fully participating in input-output markets has been identified as one of the important economic organizations to restructure the agricultural sector industry, increasing competitiveness for sustainable agricultural development. However, lack of financial capital makes farm owners difficult to expand. Credit and access to credit were identified as the important and decisive solutions for farm development. This article reviews the theoretical and practice for farm development and identifies influencing factors in order to generalize proposed solutions to increase access to credit for farm owners and to propose solutions to help farm owners overcome difficulties in access to credit for the developmentof farm production scale in the coming time.

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