The State Bank of Vietnam convened relevant ministries and 21 commercial banks to advance a VND 500 trillion preferential credit programme for businesses investing in infrastructure and digital technology, with participating banks confirming registrations that fully cover the programme’s size. Banks indicated they need a clear list of eligible projects to support targeted appraisal and disbursement. On that basis, the central bank has reported on programme implementation to the Prime Minister and has requested the Ministries of Construction, Industry and Trade, and Science and Technology to provide project lists, including key transport, power and digital technology projects. The Deputy Governor also asked participating banks to submit written views on the preferential pricing, shifting to a minimum 1.5 percentage points per year below each bank’s average medium- and long-term lending rate, replacing the previous minimum 1 percentage point reduction; the Credit Department for Economic Sectors was tasked with drafting implementation guidance and collecting input from ministries, banks and relevant State Bank of Vietnam units.
State Bank of Vietnam 2025-08-05
State Bank of Vietnam seeks at least 1.5 percentage point rate discount for VND 500tn infrastructure and digital credit programme
The State Bank of Vietnam is advancing a VND 500 trillion preferential credit programme for infrastructure and digital technology investments, with full registration from 21 commercial banks. The central bank has requested project lists from relevant ministries to aid targeted appraisal and disbursement. Participating banks are to provide feedback on preferential pricing, set at a minimum 1.5 percentage points below their average medium- and long-term lending rates.