Allocate 500 trillion VND for loans to invest in electricity infrastructure, transportation, and strategic technologies.

Photo caption — Workers are constructing traffic safety features on the Can Tho - Ca Mau expressway. Photo: Tuan Phi/TTXVN

Accordingly, 21 commercial banks have registered to participate in the program, committing to lending at preferential interest rates, at least 1% - 1.5% lower per year than the average interest rate.

According to information from the State Bank of Vietnam (SBV) on the evening of December 12th, the SBV has just launched a large-scale credit program to invest in strategic electricity, transportation, and technology infrastructure in accordance with the Government's Resolution.

Following the Government's directives in Resolution No. 77/NQ-CP dated April 10 and Resolution No. 366/NQ-CP dated November 12 on the implementation of the credit program for investment in electricity, transportation, and strategic technology infrastructure; based on the opinions of the Ministry of Construction , the Ministry of Industry and Trade, and the Ministry of Science and Technology; and the consensus and registration documents of commercial banks including: Agribank, Vietcombank, BIDV, MB, Techcombank, VPBank, TPBank, SHB, HDBank, ACB, SeABank, MSB, LPBank, VIB, Sacombank, Nam A Bank, Bac A Bank, OCB, Eximbank, and ABBank, on December 8, the State Bank of Vietnam issued Official Letter No. 10825/NHNN-TD providing guidance on several aspects for the implementation of the program.

Accordingly, the Program will consist of two phases: In the 2025-2026 phase, commercial banks will allocate approximately VND 100,000 billion (about 20% of the Program's scale) to provide loans at preferential interest rates for strategic infrastructure, transportation, and technology projects.

During the period 2027-2030, based on the progress and credit capital needs of the projects, the remaining capital will be allocated and expanded to ensure that it does not exceed the committed amount of each bank participating in the Program, and the total scale of the Program does not exceed VND 500,000 billion.

"Regarding the target borrowers, the customers are businesses that borrow long-term capital to invest in key/important national projects in the fields of electricity infrastructure, transportation, and strategic technologies provided by the Ministries," a representative of the State Bank of Vietnam said.

According to the State Bank of Vietnam, for the electricity sector: The list of projects participating in the Program is based on Official Letter 9238/BCT-KHTC dated November 21, 2025, from the Ministry of Industry and Trade. For the transportation sector: The list of projects participating in the Program is based on Official Letter 14394/BXD-KHTC dated December 2, 2025, from the Ministry of Construction.

For strategic technology sectors: Projects producing products included in the "National List of Strategic Technologies and Strategic Technology Products" as stipulated in Decision 1131/QD-TTg dated June 12, 2025, and whose eligibility has been confirmed by the Ministry of Science and Technology.

“The implementation of the Program must be open, transparent, targeted, and in accordance with the law. Borrowers must be eligible for the Program and meet the loan conditions as stipulated by law and the internal regulations of commercial banks regarding lending activities; they are responsible for cooperating with commercial banks during the loan process under the Program,” the State Bank of Vietnam representative emphasized.

According to the above credit package, the preferential interest rate of the Program will be at least 1-1.5% lower per year than the average lending interest rate for the same term of the lending bank. The implementation period is until the end of 2030 or until the loan volume reaches the scale of VND 500,000 billion of the Program (whichever comes first).

The preferential interest rate will be applied for a minimum of two years from the date of each disbursement (according to each loan agreement), but not exceeding the loan term as stipulated in the loan agreement with the customer. The bank will cease applying the preferential interest rate to loans disbursed after December 31, 2030, or when the capital of the commercial bank registered to participate in the Program is exhausted, whichever comes first.

The interest rate on loans after the preferential period ends will be mutually agreed upon by the commercial bank and the customer, ensuring compliance with legal regulations and clearly defined or specified in the loan agreement signed between the bank and the customer.

Source: https://baotintuc.vn/kinh-te/danh-500000-ty-dong-cho-vay-dau-tu-ha-tang-dien-giao-thong-va-cong-nghe-chien-luoc-20251212185743987.htm