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

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIỆT NAM-CAMBODIA TRADE GATHERS PACE TOWARDS $20 BILLION TARGET

Trade between Việt Nam and Cambodia continues to grow, remaining a bright spot and a key pillar of bilateral cooperation as the two countries aim to raise two-way trade to US$20 billion in the coming years. After setting a record of more than $11.3 billion last year, bilateral trade reached about $8.7 billion in the first eight months of this year, up 8.3 per cent year on year.

Oct 14, 2026

TECHNOLOGY

AI BEGINNING TO RESHAPE RECRUITMENT CRITERIA

Digital literacy is the only capability area in which fresh graduates meet employers’ expectations, according to a new report. Yet, it is also the standard rising fastest, as businesses increasingly expect new hires to use AI effectively in the workplace. Some 83 per cent of employers say AI has changed, or is beginning to change, their hiring criteria, while 94 per cent report higher expectations for digital and AI capabilities than they had two to three years ago.

Oct 14, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

ĐÀ NẴNG GREEN-LIGHTS US$105 MILLION THAI DEVELOPMENT DEAL

The central city has approved an investment proposal by Thailand’s WHA Group to develop infrastructure for the 400ha WHA Đà Nẵng Industrial Park project on two communes of Thăng Bình and Đồng Dương, with an investment of more than VNĐ2.7 trillion (US$105 million). The city said it approved WHA Industrial Development International's status as an investor in the project, which is expected to take place between 2027 and 2034.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

MOBILE PHONE EXPORTS RISE 20% TO $51.8 BILLION IN FIRST NINE MONTHS

Exports of mobile phones and components rose 20 per cent year-on-year to nearly US$51.8 billion in the first nine months of 2026, with China, the US and Republic of Korea accounting for more than half of the total. Shipments to the three markets reached a combined $26.18 billion, or 50.6 per cent of total exports of the product group during the period, according to data from the Vietnam Department of Customs under the Ministry of Finance.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

FRUIT AND VEGETABLE EXPORTS POISED TO HIT $10 BILLION IN 2026

Fruit and vegetable exports are on track to reach nearly US$10 billion in 2026, after rising 19.9 per cent year on year to nearly US$7.4 billion in the first nine months, driven by strong seasonal demand and abundant tropical fruit supplies. The Ministry of Agriculture and Environment said the growth reflected stronger international demand for fresh produce and processed agricultural products.

Oct 14, 2026

GARMENT / TEXTILE

TEXTILE EXPORTS FACE DUAL CHALLENGES OF SUSTAINING ORDERS AND BOOSTING EFFICIENCY AMID GROWING COMPETITION

Data shows that the textile and garment sector maintained its growth momentum in the first nine months of this year. The industry's total export turnover reached an estimated US$35.721 billion in the first nine months of this year, up 3.3 per cent year-on-year. Despite posting encouraging export figures, Vietnamese textile and garment enterprises continue to navigate unpredictable market variables.

Oct 14, 2026