Vietnam Bank for Social Policies provides preferential loans to support social housing buyers

On January 10, the Dong Nai branch of the Vietnam Bank for Social Policies, in coordination with Chuong Duong Homeland Joint Stock Company, held a seminar to provide consultation and guidance on loan application procedures for purchasing social housing at the Eco Residence Long Binh Tan project in Long Hung ward.

Hoang Tran Thanh Nhan, Deputy Head of the Planning and Credit Operations Department at the Dong Nai branch of the Vietnam Bank for Social Policies, presents preferential loan funds for social housing buyers. Photo Hoang Loc

At the seminar, Hoang Tran Thanh Nhan, Deputy Head of the Planning and Credit Operations Department at the Dong Nai branch of the Vietnam Bank for Social Policies, reported that the total loan fund for purchasing or leasing social housing, as well as for building, renovating, or repairing homes under Decree No. 100/2024/ND-CP, exceeds 604 billion VND. Of this, more than 310 billion VND comes from central government funds, with the remainder provided by local sources.

In 2025, the bank disbursed loans totaling over 208 billion VND to 490 customers, supporting the purchase, construction, and renovation of 490 social housing units.

Customers seek information at the Eco Residence Long Binh Tan social housing project. Photo Hoang Loc

Entering 2026, the Dong Nai branch of the Vietnam Bank for Social Policies has proactively coordinated with local authorities and social housing developers to organize multiple advisory sessions, guiding customers through loan application procedures and directly addressing any difficulties or concerns. At the same time, the bank conducts assessments of actual loan demand and compiles reports for the Provincial People’s Committee to adjust and supplement funding, ensuring timely access to loans for residents.

According to Nhan, the procedures for obtaining loans to purchase social housing have become much more streamlined. Borrowers are no longer required to reconfirm their eligibility or housing status when applying for social housing loans, making it significantly easier for residents to access preferential credit, both in general and specifically through the social housing loan program.

To Thi Thuy, General Director of Chuong Duong Homeland Joint Stock Company, provides information about the social housing project. Photo Hoang Loc

Hoang Tran Thanh Nhan, Deputy Head of the Planning and Credit Operations Department at the Dong Nai branch of the Vietnam Bank for Social Policies, advises residents on procedures for social policy loans. Photo Hoang Loc

As of October 1, 2025, the loan interest rate is set at 5.4% per year, with a maximum loan-to-value ratio of 80% of the purchase price and a maximum loan term of 25 years.

In addition, representatives from the Dong Nai branch of the Vietnam Bank for Social Policies provided detailed guidance on preparing loan applications, including the required documents to verify income and marital status, which helped to shorten the approval process. They also addressed specific questions regarding loan amounts, preferential interest rates, and disbursement procedures tailored to individual borrowers’ circumstances.

From the developer’s side, To Thi Thuy, General Director of Chuong Duong Homeland Joint Stock Company, noted that amid growing housing demand in Dong Nai, the Eco Residence Long Binh Tan social housing project is attracting significant market attention.

The Eco Residence Long Binh Tan social housing project is scheduled for handover to customers by the end of 2026. Photo Hoang Loc

To date, the project has recorded nearly 900 customers expressing interest in purchasing apartments through various channels. During the first sales phase, approximately 500 customers registered and submitted applications, with many already signing purchase agreements. The second sales phase is scheduled to begin at the end of February 2026. The project is expected to be completed and ready for handover by the end of the fourth quarter of 2026.

Customers sign loan agreements during the seminar, receiving consultation and guidance on social housing loan applications at the Eco Residence Long Binh Tan project. Photo Hoang Loc

The Eco Residence Long Binh Tan project comprises three blocks, offering nearly 1,100 apartments ranging in size from 43.5 m² to 64.9 m². Designed with the principles of “Green Living – Healthy Living – Connected Living,” the project aims for EDGE certification and features a diverse range of internal amenities, including a shopping center, healthcare facilities, community activity rooms, a kindergarten, and green parks. The development is conveniently located near the Vung Tau intersection, offering easy access to Ho Chi Minh City.

By Hong Loc – Translated by Hong Van, Minho