Strategic infrastructure projects in electricity, transportation, and technology enjoy preferential interest rates of up to 1.5%.

The credit program for electricity, transportation, and strategic technology infrastructure is being implemented with preferential interest rates of up to 1.5%, on a scale of approximately 500 trillion VND.

  Capital scale of 500 trillion VND

The credit program for investment in the development of electricity, transportation, and strategic technology infrastructure is being implemented by the State Bank of Vietnam 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. This is based on the opinions of the Ministry of Construction , the Ministry of Industry and Trade, the Ministry of Science and Technology, and the participation registrations of commercial banks.

Recently, the State Bank of Vietnam issued Official Letter No. 10825/NHNN-TD providing guidance on the implementation of the program. Accordingly, the program sets a maximum total credit size of VND 500 trillion and is divided into two phases. In the 2025-2026 phase, commercial banks will allocate approximately VND 100 trillion, equivalent to 20% of the total program size, for lending to projects in the strategic electricity, transportation, and technology infrastructure categories. In the 2027-2030 phase, the remaining capital will be allocated based on the progress and capital needs of the projects, while ensuring that it does not exceed the limits committed by the banks and the total ceiling of VND 500 trillion of the program.

Eligible borrowers are enterprises making long-term investments in key or nationally important projects in three sectors: electricity, transportation, and strategic technology. The list of electricity projects follows Circular 9238/BCT-KHTC dated November 21, 2025, of the Ministry of Industry and Trade ; the list of transportation projects follows Circular 14394/BXD-KHTC dated December 2, 2025, of the Ministry of Construction; and strategic technology projects must be included in the list issued in Decision 1131/QĐ-TTg dated June 12, 2025, and be certified by the Ministry of Science and Technology.

Businesses involved in the construction of electricity infrastructure, transportation, and strategic technology projects are offered preferential interest rates of up to 1.5%. Photo: Minh Tuan

Lending adheres to the principles of openness, transparency, targeting the right beneficiaries, and complying with legal regulations. Borrowers must meet all conditions stipulated by law and the internal regulations of the commercial bank. The lending mechanism follows current regulations but includes preferential interest rates compared to the average interest rates for loans of the same term offered by the same bank.

One of the key incentives of the program is a reduction in interest rates of 1% to 1.5% per year compared to the average lending rate for the same term. The incentive period extends until the end of 2030 or until the total loan volume reaches VND 500 trillion, whichever comes first. Each loan is eligible for the incentive for a minimum of two years from the date of disbursement, calculated according to each loan agreement, but not exceeding the loan term agreed upon with the customer. After December 31, 2030, or when commercial banks have used up their registered capital, new disbursements will no longer be eligible for the interest rate incentive.

The interest rate on loans after the preferential period expires will be mutually agreed upon by the commercial bank and the customer, in compliance with legal regulations. If the customer misuses the funds, the bank has the right to terminate the preferential rate and recover the entire preferential interest rate from the time of disbursement to the time of termination.

Implementation will follow the principles of transparency, standardization, and strict monitoring.

To ensure the program is implemented synchronously, the State Bank of Vietnam requires participating commercial banks to promptly issue internal guidelines and implement them uniformly throughout the system. Banks are also encouraged to proactively waive or reduce service fees for customers participating in the program, based on their authority and in accordance with legal regulations.

The loan capital for this program is sourced by commercial banks from their own mobilized funds. Loan appraisal, approval, and risk management are carried out in accordance with legal regulations. Loans are still subject to debt classification, provision for bad debts, and risk management according to current regulations, similar to regular loans.

The State Bank of Vietnam assigns relevant departments and bureaus to monitor and compile the progress of implementation; receive and handle difficulties and obstacles arising during the implementation process; and conduct inspections and supervision of lending activities under the program. At the same time, the State Bank of Vietnam branches in provinces and cities are required to supervise the lending activities of commercial banks in their areas and promptly report to the Governor any issues beyond their authority.

Furthermore, this agency also closely coordinates with local departments and agencies in the implementation process, aiming to promptly advise the People's Committees of provinces and cities on resolving emerging difficulties to facilitate commercial banks in providing credit to businesses investing in electricity infrastructure, transportation, and strategic technologies. The entire process operates within the framework of the Government and Prime Minister's directives in Resolution 77/NQ-CP and Resolution 366/NQ-CP.

The banks participating in the program include: Vietnam Bank for Agriculture and Rural Development; and the following commercial banks: Vietnam Foreign Trade Bank; Vietnam Industrial and Commercial Bank; Vietnam Investment and Development Bank; Military Bank; Vietnam Technological and Commercial Bank; Vietnam Prosperity Bank; Tien Phong Bank; Saigon - Hanoi Bank; Ho Chi Minh City Development Bank; Asia Commercial Bank; Southeast Asia Bank; Maritime Bank; Loc Phat Bank; Vietnam International Bank; Saigon Thuong Tin Bank; Nam A Bank; Bac A Bank; Phuong Dong Bank; Vietnam Export Import Bank; and An Binh Bank.

 

Source: https://congthuong.vn/ha-tang-chien-luoc-dien-giao-thong-cong-nghe-huong-lai-suat-uu-dai-den-1-5-434567.html