State Bank of Vietnam briefs Government on VND 20 trillion social housing loan book and VND 120 trillion preferential credit programme

At a Government Standing Committee meeting on social housing policy, State Bank of Vietnam Deputy Governor Nguyen Ngoc Canh provided an update on SBV-supported credit for social housing borrowers and projects, including progress under Decree 100/2024 and the preferential lending programme established under Government Resolution 33. As of 28 February 2026, outstanding social housing loans under Decree 100/2024 were just over VND 20 trillion, with more than 52,000 borrowers still carrying balances. SBV is also leading implementation of an around VND 120 trillion programme to steer commercial bank lending to developers and homebuyers for social housing, worker housing, and projects to renovate or rebuild old apartment blocks, led by the four state-owned commercial banks Agribank, BIDV, Vietcombank and VietinBank at VND 30 trillion each; other joint-stock commercial banks have registered an additional VND 145 trillion. The programme’s preferential rates are set 1.5 to 2 percentage points below the average medium- and long-term VND lending rates of the state-owned banks, with disbursements reported as improving over time despite initial difficulties. Separately, the Prime Minister instructed work on amending Decree 100/2024 to expand eligibility and raise income thresholds to VND 25 million per month for single applicants, VND 35 million for single applicants raising a minor child, and VND 50 million combined monthly income for married applicants, alongside steps to simplify beneficiary verification via VNeID and strengthen deterrence against abuse of the scheme.