Incentives for people under 35 years old to borrow to buy social housing
In the Official Announcement No. 5312/NHNN-CSTT dated June 24, 2025 of the State Bank of Vietnam on interest rates for loans to young people under 35 years old to buy social housing, the State Bank of Vietnam announced the lending interest rates of commercial banks applied to outstanding loans for young people under 35 years old to buy social housing for the period from July 1, 2025 to December 31, 2025 as follows:
1. The lending interest rate is 2%/year lower than the average medium and long-term VND lending interest rate of 04 state-owned commercial banks Agribank, BIDV, Vietcombank and VietinBank in the first 5 years of borrowing (from the first disbursement date). The lending interest rate applied from July 1, 2025 to December 31, 2025 is 5.9%/year.
2. The lending interest rate is 1%/year lower than the average medium and long-term VND lending interest rate of 4 state-owned commercial banks Agribank, BIDV, Vietcombank and Vietinbank in the next 10 years of borrowing (from the first disbursement date).
Incentives for investors and home buyers in social housing projects and worker housing projects
The State Bank of Vietnam has also issued the Official Announcement No. 5313/NHNN-CSTT dated June 24, 2025 on lending interest rates for social housing, workers' housing, renovation and construction of old apartments according to Resolution 33/NQ-CP.
Accordingly, the State Bank of Vietnam announces the lending interest rates of commercial banks applicable to outstanding loans for customers investing in projects and buying houses in social housing projects, worker housing projects, projects to renovate and rebuild old apartments for the period from July 1, 2025 to December 31, 2025 as follows:
1. Lending interest rate for customers who are home buyers in the project: 5.9%/year.
2. Lending interest rate for customers who are project investors: 6.4%/year.
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