The credit package helps 'boost' major infrastructure projects.

Given their long lifecycles, large investment costs, and extended payback periods, maintaining a stable source of funding over many years is crucial for capital-funded infrastructure projects.

Partnering with businesses in need of long-term capital.

In the context of Vietnam's accelerated investment in infrastructure development to create a foundation for sustainable economic growth, several banks have recently launched large-scale credit packages specifically for strategic infrastructure, transportation, and technology projects.

Accordingly, the preferential lending interest rate of this credit package is typically at least 1% to 1.5% lower per year than the average lending interest rate for the same term offered by the lending bank. This preferential rate is expected to help businesses reduce capital costs, improve cash flow, and enhance project implementation capacity, in the context of ongoing financial pressure on many infrastructure investors.

A representative from the State Bank of Vietnam (SBV) stated that the strategic credit program for investment in electricity, transportation, and technology infrastructure involves 23 commercial banks and could reach a scale of up to 500,000 billion VND.

The preferential interest rate for this credit package will be at least 1% to 1.5% lower per year than the average interest rate for the same loan term offered by the lending bank…

This 60 trillion VND credit package is not only a financial solution, but also represents the banks' shared responsibility towards the country's overall development goals, as well as their commitment to supporting businesses and the economy.

With preferential interest rates and a large scale, the VND 60 trillion credit package is proof of VietinBank 's commitment to supporting the development of businesses and the economy. “The highlight of this credit package is not only its large scale but also its preferential interest rate policy, reducing interest rates by at least 1 to 1.5% compared to VietinBank's usual lending rates for the same term. This preferential credit program extends until December 31, 2030, demonstrating the capacity of a leading bank in the economy to arrange capital for key projects,” a VietinBank representative stated.

At the same time, VietinBank is committed to prioritizing capital flow and streamlining procedures to make it easier for businesses to access funding. VietinBank's professional staff will also provide consulting and design services to create financial solutions tailored to the specific characteristics of each project and business, aiming to optimize capital utilization efficiency.

Recently, Agribank, along with other commercial banks such as MB, BIDV, MBV, and Hanoi Ring Road 4 Expressway Joint Stock Company, signed a credit agreement to finance the investment and construction project of Ring Road 4 - Hanoi Capital Region, ensuring sufficient capital for the implementation of this key national project.

The Hanoi Capital Region Ring Road 4 Project, with an estimated total length of 113.52 km, passes through Hanoi and the provinces of Hung Yen and Bac Ninh, playing a particularly important role in the national transportation infrastructure network. Upon completion, the project is expected to provide impetus to alleviate congestion in the inner city, connect urban, industrial, and logistics areas, and link with radial expressways, forming a comprehensive transportation infrastructure system that serves as the "backbone" for the entire region.

The project has a total investment of over 85,000 billion VND, divided into 3 main component projects, of which Component Project 3 - Investment and construction of the expressway is implemented under the public-private partnership (PPP) method, with a total investment of over 53,553 billion VND.

Within the framework of the Project implementation, Agribank has closely coordinated with reputable credit institutions with strong financial resources and extensive experience to jointly finance Component Project 3.

Mr. To Huy Vu, Chairman of the Board of Directors of Agribank, stated: “The cooperation between Agribank and commercial banks is not limited to co-financing capital, but also involves the convergence and mutual support of financial capacity, risk management experience, and a deep understanding of large-scale infrastructure projects. It also demonstrates a high sense of responsibility, solidarity, unity, and shared determination of the banking system towards key projects.”

As a leading commercial bank, Agribank participates in the project as the lead arranger of financing and provider of banking services. Of the total loan requirement of VND 25,453 billion, Agribank commits to providing VND 15,453 billion. This disbursement accounts for 60% of the total loan contract value.

Furthermore, Agribank Insurance Joint Stock Company (Abic) is the leading insurance company in the consortium, providing comprehensive protection for component project 3, contributing to risk management during project implementation, ensuring the safety of loan capital for commercial banks; and at the same time helping the investor strengthen confidence and determination to implement the project with quality, efficiency, and ahead of schedule. “Agribank's role as the lead arranger for the project not only helps mobilize significant financial resources for project implementation, but also demonstrates Agribank's potential and determination to accompany the strategic goals of the Party, State, and Government in implementing key national and local projects,” an Agribank representative stated.

Not only does ABBank create room for medium and long-term credit growth for the bank, but it also contributes to shifting the credit structure towards sustainability, focusing on sectors with high spillover effects on the economy. ABBank offers preferential loan terms to businesses investing in electricity infrastructure, transportation, and strategic technology.

Accordingly, ABBank has launched a VND 4,000 billion credit package for corporate customers investing in strategic electricity, transportation, and technology infrastructure, with preferential interest rates reduced by at least 1% per year compared to the average lending rate for the same term.

Eligible beneficiaries include businesses borrowing long-term capital for the purpose of investing in key national projects in the fields of electricity infrastructure, transportation, and strategic technologies as provided by the Ministry of Construction, the Ministry of Industry and Trade, and the Ministry of Science and Technology, in accordance with Resolution No. 77/NQ-CP dated April 10, 2025, and Resolution No. 366/NQ-CP dated November 12, 2025, issued by the State Bank of Vietnam. ABBank is expected to disburse preferential capital in two phases: Phase 2025-2026 with a disbursement volume of approximately VND 800 billion (equivalent to 20% of the program's scale); Phase 2027-2030 is expected to disburse approximately VND 3,200 billion, based on the progress and credit needs of the projects.

The bank is committed to supporting businesses on their journey towards sustainable development, contributing to building a dynamic and prosperous future.

“With preferential interest rates at least 1% lower per year than the prevailing lending rates, and a minimum interest rate preferential period of 24 months from the date of disbursement, the program will be a boost to support long-term capital for large-scale projects, which were previously often limited due to high capital costs and financial risks,” said Ms. Nguyen Thi Huong, Deputy General Director of ABBank.

In addition to participating in credit packages, ABBank is also promoting contractor financing packages using state budget funds, ODA funds, and financing for contractors whose investors are state-owned enterprises in the fields of construction, installation, goods and services supply, etc., aiming to provide flexible and optimal financial solutions for businesses. ABBank's financing package is specially designed to support contractors in raising capital, from the bidding stage to contract settlement, helping businesses easily access financial resources without encountering procedural or cost barriers.

Maintain capital flows within safe limits.

According to Associate Professor Dr. Nguyen Thuong Lang, Senior Lecturer at the Institute of International Trade and Economics (National Economics University), when the banking system operates safely, disciplined, and resiliently, the foundation of financial stability is strengthened, thereby contributing to maintaining market confidence and creating conditions for mobilizing resources for growth.

More broadly, the stability and discipline of the banking system are among the key factors that help the economy maintain its growth momentum, while ensuring macroeconomic balance and safety in the new development phase.

Recent experience shows that key national infrastructure projects, from airports and seaports to expressways and ring roads, typically involve large capital investments and longer implementation and payback periods compared to many other production and business sectors. This characteristic necessitates a rigorous and coordinated approach to capital arrangement and management. In this context, the banking system plays a crucial role in both providing financial resources and ensuring compliance with regulations on capital safety, risk management, and credit discipline within the current legal framework.

Associate Professor Dr. Nguyen Thuong Lang believes that in the coming period, as the demand for capital for large-scale infrastructure projects continues to increase, the State needs to focus on diversifying capital sources to reduce the pressure of excessive concentration on bank credit.

Besides bank financing, it is necessary to develop a comprehensive range of channels such as corporate bond markets, local government bonds, and public-private partnerships; while effectively utilizing preferential loans, long-term commercial loans, credit guarantees, and technical assistance from international financial institutions such as the World Bank (WB), the Asian Development Bank (ADB), and the Asian Infrastructure Investment Bank (AIIB)... Coordinating multiple funding channels will help to distribute risks more rationally and increase the sustainability of the financial structure of long-term infrastructure projects.

Many argue that policies need to be designed in a way that is consistent, transparent, and facilitates the participation of various capital channels, ensuring a stable flow of funding for key infrastructure projects throughout their lifecycle.

2026 marks the beginning of a new development cycle for the country, and the demand for capital flows to support growth is not only to meet immediate needs, but also to ensure a sufficiently stable and sustainable financial structure for the long term.

Within that structure, according to some economic experts, banks continue to play a pivotal role, and need to be placed in a harmonious coordination with other capital channels to meet the needs of infrastructure development and sustainable growth in the "era of progress".

Source: https://baotintuc.vn/kinh-te/goi-tin-dung-giup-tiep-suc-cho-cac-du-an-ha-tang-lon-20260215155637932.htm