HO CHI MINH CITY: Outstanding credit for real estate in Vietnam rose to about two quadrillion dong (US$78.5bil) in the fourth quarter of 2025, up nearly 28% from a year earlier, as lending rebounded sharply and regulators moved to rein in risks, official data show.
The Construction Ministry said real estate credit increased steadily throughout 2025 across housing, office leasing and industrial property, climbing from more than 1.56 quadrillion dong in the first quarter to around two quadrillion dong by year-end.
Loans for urban development and housing projects remained the largest component, rising from 481 trillion dong in the first quarter to 628.7 trillion dong in the fourth quarter.
Credit for real estate investment and business activities also grew strongly, from 506.4 trillion dong to 673.4 trillion dong.
Authorities said the rebound reflected progress in resolving legal bottlenecks for property projects, allowing capital to flow back into end-user housing and urban development.
At the system level, risks have increased. — Viet Nam News/ANN
