According to deputy director of the State Bank of Vietnam’s HCM City office Nguyen Duc Lenh, outstanding credit as of February was 3.936 trillion, down 0.17% from December 2024 but 12.2% up year-on-year.

More than 1,500 ethnic minority households in the Mekong Delta province of Soc Trang have built new houses, changed their livelihood, and gradually escaped poverty thanks to preferential credit capital under the Government's Decree 28/2022/ND-CP on implementing the National Target Programme on Socio-Economic Development in Ethnic Minorities and Mountainous Areas for the 2021-2030 period.

Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.

Home Credit on March 8 officially launched the project “Home for Life” to offer free-interest loans to women in remote areas in the northern mountainous province of Yen Bai.

Affordable home buyers can access preferential loans at rates 1.5-2 percentage points lower than the market average as part of a credit package worth around 120 trillion VND (5.02 billion USD).

The southernmost province of Ca Mau is supporting seafood enterprises to make good use of the UK-Vietnam Free Trade Agreement (UKVFTA) to foster exports to the UK in the near future, the provincial Department of Industry and Trade said.

Deputy Prime Minister Pham Binh Minh on April 8 signed the Prime Minister’s dispatch requesting the acceleration of disbursement of foreign official development assistance (ODA) and preferential loans.

A clear mechanism is essential to ensuring a preferential credit package will benefit pandemic-hit firms and contribute to economic recovery.

A support package worth 6.6 trillion VND (290.4 million USD) will be spent on providing housing rental subsidies for labourers who are working in industrial parks (IPs), export processing zones (EPZs) and key economic regions, according to the Ministry of Labour Invalids and Social Affairs (MoLISA).

Local aviation enterprises have again asked for preferential loans to overcome difficulties caused by the pandemic.

Helping businesses revive production and trading is one of the important tasks that the Department of Industry and Trade of Ho Chi Minh City will focus on in 2021.

Sacombank and 15 other banks have signed credit contracts to provide preferential loans for corporate customers to support them in their efforts to restore and expand business and production after the COVID-19 pandemic.

Demand for low-priced social houses and houses for long-term rent was high but incentive policies have not yet encouraged investors.

Nine years after the issuance of a Government decision that set out preferential credit policies to provide more financial support for Vietnamese firms in the supporting industry, few have been able to make use of said policies, industry insiders have said.

The policy credit has come to all communes, wards and townships across the country, with priority given to poor and near-poor households.

Vietnam’s Government bond (G-bond) market would become a safe, effective and highly lucrative investment mechanism for commercial banks, insurance networks, investment funds and foreign investors.

More than 1.62 million poor households and welfare policy beneficiaries gained access to preferential loans worth over 54.9 trillion VND (2.36 billion USD) in the first nine months of 2019, up 6.15 trillion VND compared to the same period last year.

Credit for social policy beneficiaries has contributed significantly to narrowing the gap between the rich and the poor, reducing unemployment rate, and developing local economy.

More than 1.15 million poor households and policy beneficiaries gained access to preferential loans in the first half of 2019, according to the Vietnam Bank for Social Policies (VPSP).

The ODA National Steering Committee held a meeting with donors in Hanoi on June 17 to seek solutions to speed up the disbursement of ODA capital and preferential loans, which has showed signs of slowing down in recent years.