As many as 23 commercial banks have registered to join a large-scale credit program worth up to VND500 trillion ($19 billion) to support investments in power infrastructure, transport and strategic technology projects, according to the State Bank of Vietnam.
The program will run until the end of 2030 or until the full lending target is reached.
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 credit package will be implemented in two phases. In the first phase, from 2025 to 2026, commercial banks are expected to disburse about VND100 trillion, equivalent to roughly 20% of the total package, to eligible projects. During the second phase, from 2027 to 2030, the remaining capital will be gradually released, ensuring that lending does not exceed each bank’s committed quota.
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.
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