Prime Minister calls for expanding scope and beneficiaries of preferential credit packages

Accordingly, in Official Telegram No. 47/CD-TTg (issued on April 22, 2025), the Prime Minister assigned the State Bank of Vietnam the following tasks:

• Coordinate with relevant agencies and local authorities to monitor international and regional developments, particularly policy adjustments by major economies.

• Effectively utilize regulatory tools to manage exchange rates and interest rates, ensuring capital demand for the economy is met.

• Ensure stability of the monetary and foreign exchange markets and the safety of the credit institution system.

• Continue directing credit institutions to reduce operational costs and accelerate digital transformation to lower lending interest rates, while channeling credit into production, business, and key growth-driving sectors.

• Promote short-term lending to support enterprises affected by U.S. tariff policies.

Regarding preferential credit packages:

• Expand the scope and beneficiaries of preferential credit packages, particularly for enterprises investing in infrastructure and digital technology, as well as for individuals under the age of 35 purchasing homes.

• A preferential credit package worth approximately VND 500 trillion is designated for businesses making long-term investments in infrastructure and digital technology.

• Broaden beneficiary eligibility to include sectors impacted by U.S. tariff policies, such as forestry products, seafood, and wooden furniture.