Vietnamese
This directive is outlined in the Official Telegram No. 47/CD-TTg of the Prime Minister on key tasks and solutions to promote economic growth in 2025.
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.
