The State Bank of Vietnam (SBV) updated the Central Steering Committee on housing policy and the real estate market on the banking sector’s implementation of housing credit programmes, including social housing lending, at a meeting chaired by Prime Minister Pham Minh Chinh. Deputy Governor Nguyen Ngoc Canh reported total outstanding housing-policy credit of about VND 41 trillion, including nearly VND 25 trillion at the Vietnam Bank for Social Policies (VBSP) and over VND 16 trillion at commercial banks. At VBSP, the social housing loan programme had an outstanding balance of over VND 19.9 trillion and loans to housing policy beneficiaries totalled nearly VND 4.8 trillion. For the social housing lending programme under Resolution 33/NQ-CP, including lending to people under 35 years old, funding is self-mobilised by banks and preferential rates are balanced from banks’ own resources, with interest rates announced seven times and reduced by 2.6% versus the start of implementation. SBV also reported that 27 out of 34 provincial People’s Committees had published lists of participating projects, totalling about 130 nationwide, supporting disbursement; by 30 November 2025, commercial banks had committed more than VND 14.3 trillion, with loan turnover of VND 6.228 trillion and outstanding programme debt of VND 4.7651 trillion. Separately, loan turnover at four state-owned commercial banks for under-35 homebuyer loans exceeded VND 32 trillion, and social housing loans at commercial banks outside the VND 120 trillion programme were over VND 9.3 trillion; SBV said it continues to monitor real estate credit developments to ensure banking system safety. The Prime Minister assigned the Ministry of Construction, in coordination with the Government Office, to absorb comments and finalise the notice of conclusions for unified implementation.
State Bank of Vietnam 2026-01-13
State Bank of Vietnam reports VND 41 trillion in housing policy lending to the national housing and real estate steering committee
The State Bank of Vietnam reported to the Central Steering Committee on the banking sector's housing credit programmes, revealing a total outstanding housing-policy credit of approximately VND 41 trillion, with significant contributions from the Vietnam Bank for Social Policies and commercial banks. The Prime Minister tasked the Ministry of Construction and the Government Office with finalizing the notice of conclusions for unified implementation.