Phuc Hung Organic Co Ltd., (in Kien Giang Province) started a business in 2018, owning 20 hectares of land specializing in rice cultivation with an average yield of 8 tons / ha. The company designs organic rice - shrimp model to increase profit on the same area and create clean products for consumers. However, at present, the Company is facing difficulties and cannot approach credit institutions to borrow capital for production development. Through the receiving and responding system to the recommendation of enterprises, the Phuc Hung Organic Co Ltd., requested competent agencies to guide and have support solutions for the Company to implement production and business plans. In this regard, the Ministry of Agriculture and Rural Development has the following opinions:
To encourage enterprises to invest in agriculture and rural development, the Government and the Government’s Prime Minister have issued many policies to encourage and support enterprises, specifically:
Regarding credit, there is Decree 55/2015 / ND-CP dated June 9, 2015 of the Government on credit policy for agricultural and rural development; Decree 116/2018 / ND-CP dated September 9, 2018 of the Government amending and supplementing a number of articles of Decree 55/2015 / ND-CP.
Regarding organic agriculture, clean agriculture, there is a Decree 109/2018 / ND-CP dated August 29, 2018 of the Government on organic agriculture; Decision 01/2012 / QD-TTg dated January 9, 2012 of the Government’s Prime Minister on a number of policies to support the application of good agricultural practices in agriculture, forestry and fisheries.
Regarding encouraging enterprises to invest in agriculture and rural areas, the Government has issued Decree 57/2018 / ND-CP dated April 17, 2018 on mechanisms and policies to encourage enterprises to invest in agriculture. countryside.
Proposing the Company to make a business plan, work with credit institutions or local authorities to access capital sources according to the above-mentioned mechanisms and policies.