Paying attention to solving the housing problem for workers and laborers is one of the major policies of the Party and the State. Since April 2023, the banking industry has implemented a credit package of VND 120,000 billion for social housing loans (later increased to VND 145,000 billion). At the end of 2024, the Governor of the State Bank of Vietnam (SBV) issued Decision 2690 on the interest rate applied by commercial banks in 2025 for outstanding loans for housing support at 4.7%/year, down 0.1%/year compared to 2024.
In the province, implementing the direction of the State Bank, commercial banks are applying preferential interest rates according to regulations and promoting the social housing loan program to the people. Up to now, the outstanding loans for social housing buyers under the 145,000 billion VND credit package have reached over 13 billion VND with 34 customers still having outstanding loans.
At the same time, implementing the Prime Minister 's direction on building preferential credit packages, especially for young people under 35 years old to buy houses, from June 2025, many commercial banks have simultaneously deployed preferential credit packages for young people to buy houses with preferential interest rates.
Mr. Nguyen Hong Duc, Director of the Bank for Agriculture and Rural Development of Vietnam, Lang Son Branch ( Agribank Lang Son) said: We direct our staff to "go to every alley, knock on every door" to propagate, encourage and guide customers to borrow capital. In particular, currently, Agribank Lang Son is implementing a home loan program for young customers, specifically, customers under 35 years old can borrow capital to buy a house with a preferential interest rate of 5.5% (fixed for the first 3 years), loan term up to 40 years. The program is implemented from June 2025 to December 31, 2025, to date, the outstanding loan balance of this program is 4.6 billion VND, with 3 loan customers.
In addition, many banks in the province also have preferential home loan packages to help people have resources to buy and build houses, contributing to ensuring social security and stabilizing their lives. Specifically: Lang Son Military Commercial Joint Stock Bank (MB Bank Lang Son) is implementing a preferential loan package "MB Dream Home" for young people to buy houses, with many incentives such as long loan terms, principal grace period, loan support up to 85% of the property value; Vietnam Joint Stock Commercial Bank for Investment and Development, Lang Son Branch (BIDV Lang Son) has a home loan package for customers under 35 years old with an interest rate of 5.5%/year, fixed for 3 years, loan term up to 40 years and especially no principal repayment within 5 years...
Mr. TTT, Luong Van Tri Ward shared: In the past, my wife and I had to rent a house to live in. If we had waited until we had saved enough, we would not have been able to buy a house, because we decided to borrow preferential loans from BIDV Lang Son with an amount of 400 million VND plus the previous savings to buy a house. I found the loan documents and procedures very quick and convenient, the bank staff enthusiastically supported us, guiding us to choose a loan package that suited our financial situation. Now that we have a new house to live in, we can work with peace of mind.
In addition to preferential loan packages at commercial banks, in recent times, the Provincial Branch of the Vietnam Bank for Social Policies (VBSP) has promoted preferential loans for borrowers to buy social housing; build new houses, renovate and repair houses according to Government regulations. Mr. Phan Anh Thang, Deputy Director of the Provincial Branch of the VBSP, said: Up to now, the unit has disbursed more than 315 billion VND in preferential loans for borrowers to buy social housing; build, renovate and repair houses. Thereby, many low-income households have the conditions to buy houses, build new houses, repair houses, and stabilize their lives. The current loan interest rate of the program is 6.6%/year; the maximum loan term is 25 years.
It can be seen that the banks’ active implementation of preferential credit packages and more flexible lending conditions are the key to unlocking capital flows into the housing sector. Through this, it not only helps people realize their dream of settling down but also creates momentum for the real estate market to develop healthily and sustainably.
Source: https://baolangson.vn/khoi-dong-von-cho-nhu-cau-an-cu-5053417.html
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