Allocate 500 trillion VND for preferential loans for electricity infrastructure, transportation, and strategic technologies.

(Chinhphu.vn) - Following the Government's directive, the State Bank of Vietnam has issued guidelines for implementing the Credit Program for Investment in Electricity, Transportation, and Strategic Technology Infrastructure, with a maximum scale of 500 trillion VND and a duration of implementation until 2030.

The State Bank of Vietnam has issued guidelines for the implementation of the Credit Program for Investment in Electricity, Transportation, and Strategic Technology Infrastructure, with a maximum scale of VND 500,000 billion and a duration until 2030.

Two-phase scale, maximum 500 trillion VND.

In accordance with the Government's directives in Resolution No. 77/NQ-CP dated April 10, 2025 and Resolution No. 366/NQ-CP dated November 12, 2025 on the implementation of the Credit Program for Investment in Electricity, Transportation, and Strategic Technology Infrastructure, the State Bank of Vietnam (SBV) has issued guidelines for organizing the implementation of the program nationwide.

Based on the opinions of the Ministries of Construction , Industry and Trade, and Science and Technology, along with the consensus and registration documents of commercial banks, on December 8, 2025, the State Bank of Vietnam issued Official Letter No. 10825/NHNN-TD guiding some aspects of the program's implementation.

Commercial banks registered to participate in the program include: Agribank, Vietcombank, VietinBank, BIDV, MB, Techcombank, VPBank, TPBank,SHB , HDBank, ACB, SeABank, MSB, LPBank, VIB, Sacombank, Nam A, Bac A, OCB, Eximbank, ABBank.

According to the State Bank of Vietnam's guidelines, the credit program for investment in electricity, transportation, and strategic technology infrastructure is implemented in two phases.

During the 2025-2026 period , participating commercial banks will allocate approximately 100 trillion VND, equivalent to about 20% of the program's scale, to provide preferential interest rate loans for projects in the fields of electricity infrastructure, transportation, and strategic technologies.

During the period 2027-2030 , based on the progress and credit capital needs of the projects, the remaining capital will continue to be allocated and expanded, ensuring that it does not exceed the committed participation amount of each bank and the total program size does not exceed 500 trillion VND.

The program will be implemented until the end of 2030 or until loan disbursements reach VND 500 trillion, whichever comes first.

The target borrowers are key national projects of national importance.

The program's target borrowers are businesses seeking medium- and long-term loans to invest in key projects and nationally important projects in the fields of electricity infrastructure, transportation, and strategic technologies, as listed by the relevant ministries.

For the electricity sector, the list of projects participating in the program is determined according to Official Letter No. 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 determined according to Official Letter No. 14394/BXD-KHTC dated December 2, 2025, from the Ministry of Construction.

For strategic technology projects, they must be included in the "National List of Strategic Technologies and Strategic Technology Products" issued with Decision No. 1131/QD-TTg dated June 12, 2025, and must also be confirmed as eligible projects by the Ministry of Science and Technology.

The program's implementation is carried out according to the principles of openness, transparency, targeting the right objectives and beneficiaries, and fully complying with legal regulations.

Borrowers must be eligible for the program and meet all loan conditions as stipulated by law and the commercial bank's internal regulations on lending activities. Borrowers are responsible for cooperating with the commercial bank throughout the loan process under the program.

The lending mechanism is implemented in accordance with current regulations on lending activities of credit institutions. Preferential interest rates are at least 1-1.5% lower per year; the lending interest rate in the program is applied at least 1% to 1.5% lower per year than the average lending interest rate for the same term of the lending bank.

The preferential interest rate will be applied for a minimum of 2 years from the date of each disbursement, according to each loan agreement, but not exceeding the loan term agreed upon between the bank and the customer.

Commercial banks will cease applying preferential interest rates 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.

After the preferential period ends, the lending interest rate will be agreed upon by the commercial bank and the customer, ensuring compliance with legal regulations and clearly defined or specified in the signed loan agreement.

If a commercial bank discovers that a customer is using the funds for purposes other than those intended, the lending bank will terminate the preferential interest rate and recover all the preferential interest rate granted to the customer from the date of disbursement until the date the preferential interest rate ends.

The State Bank of Vietnam (SBV) requires commercial banks participating in the program to promptly issue guidelines and organize the unified implementation of the program across their entire banking system.

The State Bank of Vietnam encourages commercial banks, within their authority, to waive or reduce service fees for customers participating in the program, in accordance with the law and the bank's regulations.

Commercial banks that provide loans to customers to implement the program using their own mobilized capital are responsible for reviewing, appraising, and deciding on loans in accordance with the law; they are solely responsible for their lending decisions; and they are responsible for classifying loans, making provisions, and managing risks for loans under the program as prescribed.

In addition, the State Bank of Vietnam has assigned relevant departments and bureaus to monitor and summarize the implementation results, address any difficulties and obstacles that arise, and conduct inspections and supervision of lending under the program.

The State Bank of Vietnam's regional branches are responsible for monitoring and inspecting lending under the program by commercial banks in their respective areas; coordinating with relevant departments and agencies in implementation; and promptly reporting to the Governor of the State Bank of Vietnam any issues beyond their authority, in accordance with the directives of the Government and the Prime Minister.

Huy Thang

Source: https://baochinhphu.vn/danh-500-nghin-ty-dong-cho-vay-uu-dai-ha-tang-dien-giao-thong-cong-nghe-chien-luoc-10225121218545832.htm