The Government has just issued Resolution No. 226/NQ-CP dated August 5, 2025 on growth targets for sectors, fields, localities and key tasks and solutions to ensure the country's growth in 2025 reaches 8.3 - 8.5%.
The Government requires the State Bank of Vietnam to grasp the situation, proactively, flexibly, promptly and effectively manage monetary policy tools, closely, effectively and synchronously coordinate fiscal policy and other macro policies; stabilize the currency and foreign exchange markets in accordance with market conditions.
Direct credit institutions to continue to reduce costs, strive to reduce lending interest rates to support business production and livelihoods of businesses and people, improve credit quality, and limit bad debt.
Resolutely and proactively adjust the credit growth target for 2025 to be public and transparent, in line with the controlled inflation according to the target, promoting growth to 8.3 - 8.5% and meeting the capital needs of the economy.
Direct credit institutions to control and direct credit to production and business sectors, priority sectors, traditional growth drivers of the economy (investment, export, consumption) and new drivers (including science and technology, innovation, digital transformation, digital economy, green economy, circular economy, social housing, etc.).
Carefully prepare monetary policy for the last months of 2025 and 2026, report to the Government Standing Committee before August 20, 2025.
Notably, the Government requires ministries, agencies and localities to promote decentralization, delegation of authority, reform of administrative procedures, national digital transformation; promote private investment; effectively and thoroughly handle difficulties, problems and backlog projects.
The Ministry of Construction, the Ministry of Agriculture and Environment and ministries, agencies and localities urgently review issues related to land and the real estate market to study and propose amendments and supplements to the Laws on Land, Real Estate Business, and Housing; promptly guide and remove difficulties and obstacles in implementing Resolution No. 201/2025/QH15 on piloting specific mechanisms and policies for social housing development.
In particular, building a progress road, completing at least 100,000 social housing apartments in 2025, promoting the sustainable and healthy development of the real estate market.
Previously, the Prime Minister also chaired many conferences and gave many instructions on social housing development. The Prime Minister has signed Decision No. 444/QD-TTg assigning the target of completing social housing in 2025 and until 2030 for localities to add to the socio-economic development target.
Accordingly, in the 2025-2030 period, the whole country must complete 995,445 apartments to achieve the goal of building at least 1 million social housing apartments for low-income people and industrial park workers in the 2021-2030 period.
One of the motivations for the social housing development plan to achieve the targets according to the set period is the project supply - supported by localities to remove legal procedures; along with that is credit capital.
Many commercial banks have participated in the 145,000 billion VND credit package, many credit institutions have registered to implement social housing loans for young people under 35 years old with special preferential interest rates.
