BANK CREDIT FOR REAL ESTATE BUSINESS RISES TO NEARLY $94.7 BILLION

Outstanding loans for urban area investment and housing development projects remained the largest category, reaching VNĐ833.6 trillion by the end of June, up 6.33 per cent from the end of March.

Real estate credit in the second quarter was managed in a cautious and selective manner. — VNA/VNS Photo

HÀ NỘI — Outstanding loans for real estate business activities rose to more than VNĐ2.5 quadrillion (nearly US$95 billion) as of June 30.

The Ministry of Construction's report on housing and the real estate market for the second quarter of 2026 showed that compared to the end of March 2026, the loans rose by more than VNĐ284 trillion. They were up more than VNĐ518 trillion compared to the end of 2025.

According to the report, outstanding loans for urban area investment and housing development projects remained the largest category, reaching VNĐ833.6 trillion by the end of June, up 6.33 per cent from the end of March.

Loans for land-use right acquisitions surged by more than 23 per cent to VNĐ314.5 trillion, while loans for industrial zone and export processing zone construction projects hit VNĐ184.2 trillion, an increase of over 32 per cent.

Conversely, loans for eco-tourism and resort projects declined by more than 4 per cent to VNĐ80.6 trillion.

According to the Ministry of Construction, real estate credit in the second quarter continued to be managed in a cautious and selective manner, prioritising capital for projects with full legal compliance and the capacity for implementation and completion, thus generating actual market supply.

Access to capital varies among real estate enterprises. Developers with strong financial standing, viable business plans and stable cash flows enjoy more favourable conditions for securing credit, whereas projects facing legal hurdles or low liquidity continue to struggle.

From an investment perspective, Tạ Mỹ Bách, head of property consulting firm Jones Lang Lasalle Vietnam’s capital markets division, noted a shift in investor appetite from strategies driven primarily by expectations of price hikes toward an emphasis on asset quality and actual operational performance. This indicates that an asset's cash-generating potential and operational efficiency are playing an increasingly critical role in investment decisions.

The developments in the first half of the year showed that bank capital continued to play a vital role in the real estate market, but access to such capital is becoming increasingly differentiated.

A developer's financial strength, a project's legal status, performance and ability to generate cash flow are emerging as key factors determining its appeal to both credit institutions and investors. — BIZHUB/VNS

Source: VNS

Related News

MEMBER CORNER / PROMOTIONS

AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!

The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.

Sep 17, 2026

HR / LABOUR/ EMPLOYMENT

HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL

Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.

Sep 16, 2026

HR / LABOUR/ EMPLOYMENT

HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST

Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.

Sep 16, 2026

BANKING / FINANCE / INSURANCE / TAX

LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026

The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.

Sep 16, 2026

GARMENT / TEXTILE

VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS

Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.

Sep 16, 2026

VIETNAM ECONOMY INVESTMENT

LÂM ĐỒNG TARGETS DIGITAL ECONOMY TO ACCOUNT FOR 30 PER CENT OF GRDP BY 2030

Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.

Sep 16, 2026