Farmers in Vietnam 'make a fortune' thanks to loans from Agribank

VIP customers of Agribank Phu Cat During 12 years in shrimp farming on sand with new technology, Mr. Nguyen Tat Tung (38 years old) in Cat Minh commune (Phu Cat district, Binh Dinh) relies on this capital of Agribank, Phu Cat district. Currently, Mr. Tung is a typical example in successful shrimp farming in Binh Dinh with new technology. But in order to have capital to invest in upgrading ponds and buying equipment for shrimp farming according to SemiBio-Floc technology, Mr. Tung must rely on a loan from Agribank Phu Cat, but if he relies on the "internal resources" of his family, “impossible”, because the investment is very high. 12 years ago, when Mr. Tung just returned from Ho Chi Minh City to his hometown to start a business with shrimp farming, he decided to start raising shrimp in the direction of high technology to avoid risks. At that time, to invest in raising the bottom of 4 hectares of ponds, 1.2m high; in which, there are 2 hectares in Cat Minh commune (Phu Cat ...