1 - Interest rates for lending to poor households; lending to students according to Decision No. 157/2007; lending to workers to work abroad; lending to people who have completed their prison sentences are adjusted down from 6.6%/year (equivalent to 0.55%/month) to 6.24%/year (equivalent to 0.52%/month).
2 - Interest rates for lending to near-poor households; lending for job creation were adjusted down from 7.92% (equivalent to 0.66%/month) to 7.488%/year (equivalent to 0.624%/month).
3 - The lending interest rate for households producing and doing business in disadvantaged areas; lending to traders operating in disadvantaged areas is adjusted down from 9.0%/year (equivalent to 0.75%/month) to 7.8%/year (equivalent to 0.65%/month).
4 - The lending interest rate for newly escaped poverty households has been adjusted down from 8.25%/year (equivalent to 0.825%/month) to 7.8%/year (equivalent to 0.65%/month).
5 - The lending interest rate for clean water supply and rural environmental sanitation is adjusted down from 9.0%/year (equivalent to 0.75%/month) to 8.4%/year (equivalent to 0.70%/month).
6 - Interest rates for lending for socio-economic development in ethnic minority and mountainous areas; lending for workers in poor districts to work abroad have been adjusted down from 3.3%/year (equivalent to 0.275%/month) to 3.12%/year (equivalent to 0.26%/month).
7 - Interest rates for loans to support production land and job conversion have been adjusted down from 3.3%/year (0.275%/month) to 3.12%/year (0.26%/month); loans to support production development along the value chain for poor households have been reduced from 3.3%/year (0.275%/month) to 3.12%/year (0.26%/month), for near-poor households, enterprises and cooperatives have been reduced from 3.96%/year (0.33%/month) to 3.744%/year (0.312%/month).
The new interest rates of the policy credit programs mentioned above will officially be applied from December 1, 2025 for outstanding loans at the VBSP.
The adjustment of interest rate reduction for the current policy credit programs of the VBSP demonstrates the timely and humane participation of the Party and State in listening to the thoughts and aspirations of the people, contributing to supporting people to stabilize their lives and rest assured to restore production and business, especially in the context of recent storms and floods that have caused heavy damage in many localities across the country. Thereby continuing to affirm the important role of policy credit in ensuring social security for the people.
