Low loan disbursement limits social housing access for young Vietnamese buyers
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The State Bank of Vietnam reported that customers under 35 years old received approximately 577 billion VND in loans to purchase social housing as of August 31.
These funds come from a preferential credit package originally valued at 120,000 billion VND, which has since expanded to over 153,000 billion VND after 11 commercial banks volunteered to participate.
The Ministry of Construction says that high interest rates, low loan limits, and strict income verification requirements continue to limit purchasing power for buyers with limited finances. While the total loan debt for social housing reached over 51,000 billion VND by the end of August 2026, actual disbursements reached only 17,500 billion VND, which represents 11 percent of the available package. Despite the slow progress in loan disbursements, the supply of social housing projects is growing.
Vietnam currently has 947 projects under development with 910,933 units. In Ho Chi Minh City, officials expect to complete 13 projects with approximately 9,402 units by the end of 2026.
