HCMC – Vietnam’s central bank has rolled out a large-scale credit program worth up to VND500 trillion to support investments in power infrastructure, transport and strategic technology projects.
The program is being implemented by the State Bank of Vietnam in line with a government resolution, according to the Government news website (baochinhphu.vn). It will run until the end of 2030 or until the full lending target is reached.
A total of 21 commercial banks have signed up to participate, including major lenders such as Agribank, Vietcombank, BIDV, MB, Techcombank and VPBank, along with a range of mid-sized and smaller banks.
Participating banks have committed to offering preferential loans with interest rates at least 1–1.5 percentage points per year lower than prevailing market averages. The preferential rates will apply for a minimum of two years from each loan disbursement. After that period, lending rates will be negotiated between banks and borrowers in accordance with current regulations.
The program will be implemented in two phases. During 2025–2026, commercial banks are expected to allocate about VND100 trillion, or roughly 20% of the total package, to eligible projects. The remaining funds will be disbursed in the 2027–2030 period, based on project progress and actual demand, without exceeding individual bank commitments or the overall cap of VND500 trillion.
Eligible borrowers are enterprises seeking long-term loans to invest in nationally important and key projects in the power, transport and strategic technology sectors. Project lists will be provided by relevant ministries.
