Decision No. 148/1999/QĐ-TTg Amending and Supplementing Point b, Clause 3, Section II of Decision No. 67/1999/QĐ-TTg dated March 30, 1999 on certain banking credit policies to serve agricultural and rural development.

Decision No. 148/1999/QĐ-TTg amends and supplements the banking credit policy for agricultural household families. Agricultural, forestry, fishery, and salt production households may borrow up to ten million dong without collateral, only requiring a confirmation letter from the People's Committee regarding the land area used.

Document No.148/1999/QĐ-TTg
Document typeDecision
Issuing authorityState Bank of Vietnam
Signed byNguyễn Tấn Dũng — Phó Thủ tướng
Updated01/07/2026
SectorBanking
FieldUncategorized
Issued date07/07/1999
Effective date07/07/1999
Expiry date03/01/2020
StatusExpired
✦ Smart summary

Decision No. 148/1999/QĐ-TTg amends and supplements the banking credit policy for agricultural household families. Agricultural, forestry, fishery, and salt production households may borrow up to ten million dong without collateral, only requiring a confirmation letter from the People's Committee regarding the land area used.

Scope of application

Agricultural, forestry, fishery, and salt production household families

Key points

  • Agricultural, forestry, fishery, and salt production household families → may borrow up to ten million dong without collateral, only submitting a loan application form and a confirmation letter from the People's Committee regarding the land area used.

🌐 Social impact of this document

  • Positive impact: Helps agricultural household families more easily access credit funds, promoting agricultural production development.
  • Negative impact: May lead to financial risks for banks if the bad debt ratio increases.

❓ Frequently asked questions

How much money can a household family borrow?

Agricultural, forestry, fishery, and salt production household families may borrow up to ten million dong.

What documents are required to obtain a loan?

Household families only need to submit a loan application form and a confirmation letter from the People's Committee regarding the land area used, without needing collateral.

When does this decision take effect?

This decision takes effect from the date of issuance.

Who is responsible for implementing this decision?

Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial and centrally-administered city People's Committees.

Do agricultural household families need to provide collateral?

No, household families only need to submit a loan application form and a confirmation letter from the People's Committee regarding the land area used.

Full text

PRIME MINISTER

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

NUMBER: 148/1999/QĐ-TTg
HA NOI, July 7, 1999

DECISION OF THE PRIME MINISTER

REGARDING THE AMENDMENT AND SUPPLEMENTATION OF POINT B, CLAUSE 3, SECTION II OF DECISION NO. 67/1999/QĐ-TTg

MARCH 30, 1999 ON CERTAIN CREDIT POLICIES OF BANKS TO SUPPORT AGRICULTURAL AND RURAL DEVELOPMENT

BASED ON THE LAW ON THE STATE BANK OF VIETNAM NO. 01/1997-QH10, DECEMBER 12, 1997; THE LAW ON CREDIT ORGANIZATIONS NO. 02/1997-QH10, DECEMBER 12, 1997;

______________________ 

PRIME MINISTER

Pursuant to the Government Organization Law dated September 30, 1992;

CONSIDERING THE PROPOSAL OF THE STATE BANK OF VIETNAM,

AMENDING AND SUPPLEMENTING POINT B, CLAUSE 1, SECTION II OF ARTICLE 2 OF DECISION NO. 67/1999/QĐ-TTg OF MARCH 30, 1999 OF THE GOVERNMENT ON CERTAIN CREDIT POLICIES OF BANKS TO SUPPORT AGRICULTURAL AND RURAL DEVELOPMENT AS FOLLOWS:

DECISION:

Article 1. FOR HOUSEHOLDS ENGAGED IN AGRICULTURE, FORESTRY, FISHERIES, AND SALT INDUSTRY, BANKS SHALL GRANT LOANS UP TO 10 MILLION DONG, WHERE THE BORROWER IS NOT REQUIRED TO PROVIDE COLLATERAL BUT MUST SUBMIT A LOAN APPLICATION FORM AND A CERTIFICATE FROM THE PEOPLE'S COMMITTEE OF THE VILLAGE, WARD, OR TOWN CONFIRMING THE AREA OF LAND IN USE AND THE ABSENCE OF DISPUTES.

THE MINISTERS, HEADS OF GOVERNMENTAL AGENCIES AT THE MINISTERIAL LEVEL, HEADS OF GOVERNMENTAL AGENCIES UNDER THE GOVERNMENT, AND CHAIRMEN OF THE PROVINCE AND CITY PEOPLE'S COMMITTEES DIRECTLY UNDER THE CENTRAL GOVERNMENT ARE RESPONSIBLE FOR IMPLEMENTING THIS DECISION./.

Article 2. This Decision shall take effect from the date of signing.

Article 3. The Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, and Chairpersons of People's Committees of centrally governed cities and provinces shall be responsible for implementing this Decision./.

DEPUTY PRIME MINISTER
VICE-PRESIDENT OF THE GOVERNMENT
(Signed)
Nguyen Tan Dung
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148/1999/QĐ-TTg
Decision No. 148/1999/QĐ-TTg Amending and Supplementing Point b, Clause 3, Section II of Decision No. 67/1999/QĐ-TTg dated March 30, 1999 on certain banking credit policies to serve agricultural and rural development.
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