Lending interest rates reduced by 2% for 3 million customers.
The government has issued a decision to reduce lending interest rates by 2% for 3 million customers affected by storms and floods, with the expected support amount exceeding 1.1 trillion VND.
Monetary policy continues to support the economy amid global volatility.
According to Deputy Governor of the State Bank of Vietnam Pham Thanh Ha, the global economy in 2025 faces many fluctuations due to geopolitics, tariffs, and extreme weather events. Although global inflation is trending downwards, the risk of a rebound remains, leading to a slower recovery.
Against this backdrop, the State Bank of Vietnam has implemented numerous policy measures to control inflation, maintain macroeconomic stability, and support sustainable growth. The credit institution system has maintained good liquidity, the money market is stable, and the exchange rate is flexible according to market developments.
Lending interest rates remain stable, helping businesses and individuals reduce capital pressure during this difficult period. The foreign exchange market is adequately and promptly supplied, creating an important foundation for economic stability.
In the first 11 months of 2025, average inflation increased by 3.29% year-on-year. This result shows that the monetary policy measures are proving effective. The State Bank of Vietnam continues to closely monitor domestic and international economic developments, ensuring liquidity support for the banking system during the end of the year, a period of high capital demand.
The overarching goal is to stabilize the monetary market, support growth, and maintain lending interest rates at appropriate levels to reduce pressure on the production and consumption sectors.
Millions of customers in flood-affected areas receive reduced loan interest rates.
From July 2025 to the present, storms and floods have caused damage to approximately 250,000 borrowers with a total outstanding loan balance of nearly 60 trillion VND. Following the Government's directives, the State Bank of Vietnam has implemented many support packages, including credit programs with lower-than-normal interest rates to help people and businesses restore operations.
The State Bank of Vietnam has requested credit institutions five times to review and assess their debt repayment capacity and apply timely support measures. As a result, nearly 24,000 customers had their debts restructured and interest rates reduced by 0.5 – 2% per year for 3 – 6 months, corresponding to approximately VND 14,000 billion in outstanding debt.
Simultaneously, banks have implemented a production recovery loan package worth approximately 70,000 billion VND. To date, nearly 1,500 billion VND has been disbursed to more than 6,500 customers, with nearly 600 billion VND specifically allocated to the agriculture, forestry, and fisheries sectors.
The government has issued a decision to reduce lending interest rates by 2% for 3 million customers.
On December 4, 2025, the Prime Minister issued Decision 2654/QD-TTg, reducing lending interest rates by 2% per year for the last three months of the year for approximately 3 million customers in 22 provinces and cities affected by storms and floods, with an estimated support amount of over 1,100 billion VND.
Due to the damage caused by Typhoon No. 13 in Gia Lai, Dak Lak, Lam Dong, and Khanh Hoa provinces, the Social Policy Bank is finalizing procedures to submit to the Government a further 2% annual interest rate reduction for three months for nearly 1 million customers. The estimated amount of interest subsidy is approximately 300 billion VND.
