At the press conference to inform about the results of monetary policy management and banking operations in the first 6 months of 2026 of the State Bank on the morning of July 2, Mr. Nguyen Xuan Bac - Deputy Director of the Credit Department for Economic Sectors (State Bank) - said that many credit programs under the direction of the Government are being actively implemented by commercial banks, contributing to supporting priority sectors of the economy.
Regarding the loan program for the agricultural, forestry and fishery sector, Mr. Nguyen Xuan Bac said that the program is implemented under the direction of the Government and the Prime Minister with an initial scale of 15,000 billion VND. After four times of increasing the scale and expanding the scope and participants, the program currently has a scale of 185,000 billion VND.
By the end of May 2026, the accumulated disbursement turnover of the program reached approximately 219,000 billion VND, equivalent to 118.4% of the program's scale, with more than 79,900 customers disbursed.
For the program to lend to link production, processing and consumption of high-quality, low-emission rice in the Mekong Delta region according to Decision No. 1490/QD-TTg, the State Bank has issued documents guiding credit institutions to implement, and at the same time coordinated with the Ministry of Agriculture and Environment and the People's Committees of 12 provinces and cities in the region to organize implementation.
After 12 months of implementation, by the end of May 2026, the accumulated disbursement turnover for customers named in the list announced by the Ministry of Agriculture and Environment and with registrations reached about 4,200 billion VND.
Regarding the social housing loan program according to Resolution 33/NQ-CP, the State Bank has issued many documents directing branches and credit institutions to promote implementation. After the Ministry of Construction issued guidelines on subjects, conditions and criteria for preferential loans for social housing development, the State Bank continues to amend and supplement guidelines to facilitate the implementation process.
Currently, 9 commercial banks have registered to participate in the program with a total scale of 145,000 billion VND.
According to Mr. Nguyen Xuan Bac, since its implementation, the lending interest rate of the program has decreased by 1.7 percentage points compared to the initial announcement time. Currently, the applied interest rate is 7%/year for investors and 6.5%/year for homebuyers.
As of May 31, 2026, the disbursement turnover of the program reached about 12,440 billion VND, including about 10,640 billion VND for investors and about 1,800 billion VND for homebuyers. The outstanding debt of the program reached about 10,175 billion VND.
Regarding the program to lend to young people under 35 years old to buy social housing, implemented from May 31, 2025, by the end of May 2026, about 383 billion VND has been disbursed, with outstanding debt reaching about 353 billion VND.
According to a representative of the State Bank, the current difficulty is that the supply of social housing is still limited compared to the actual needs of the people. Therefore, there are not many projects for commercial banks to access, appraise and lend.
For the Credit Program for investment in electricity, transportation and strategic technology infrastructure, the State Bank has guided commercial banks to deploy from the end of 2025 and continue to supplement the list of projects in 2026 as proposed by the Ministry of Construction.
As of May 31, 2026, the outstanding credit balance of the program at commercial banks reached approximately 10,527 billion VND.
