In 2023, the average interest rate for above medium and long-term loans in Vietnamese dong was at *** percent. By comparison, the interest rate for short-term loans in U.S. dollars in Vietnam reached **** percent in the same year. Overall, loan interest rates across both currencies increased from the previous year.

Lending interest rate (%) in Vietnam was reported at 9.323 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Vietnam VN: Lending Interest Rate data was reported at 7.400 % pa in 2017. This records an increase from the previous number of 6.960 % pa for 2016. Vietnam VN: Lending Interest Rate data is updated yearly, averaging 11.025 % pa from Dec 1993 (Median) to 2017, with 23 observations. The data reached an all-time high of 32.182 % pa in 1993 and a record low of 6.960 % pa in 2016. Vietnam VN: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

In 2023, the real interest rate in Vietnam increased by 3.5 percentage points (+91.86 percent) compared to 2022. The year 2023 therefore marks a significant change in the real interest rate compared to the previous year. Real interest rate is the adjusted lending interest rate to remove the effects of inflation, as measured by the GDP deflator (implicit price deflator).Find more statistics on other topics about Vietnam with key insights such as domestic credit to the private sector as a share of GDP, deposit interest rate, and number of automated teller machines (ATMs).

The benchmark interest rate in Vietnam was last recorded at 4.50 percent. This dataset provides the latest reported value for - Vietnam Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Vietnam Short Term Interest Rate

• Vietnam Short Term Interest Rate: Month End: VNIBOR: 3 Months was reported at 5.50 % pa in Feb 2025, compared with 5.35 % pa in the previous month.
• Vietnam Short Term Interest Rate data is updated monthly, available from Jul 2004 to Feb 2025.
• The data reached an all-time high of 16.58 % pa in Aug 2008 and a record low of 1.11 % pa in Jan 2021.
• Short Term Interest Rate is reported by reported by State Bank of Vietnam.
• The cash rate (Policy Rate: Month End: Discount Rate) was set at 3.00 % pa in Feb 2025.
• Vietnam Exchange Rate against USD averaged 23,725.88 (USD/VND) in Jun 2023.

Vietnam VN: Interest Rate Spread data was reported at 2.620 % pa in 2017. This records an increase from the previous number of 2.160 % pa for 2016. Vietnam VN: Interest Rate Spread data is updated yearly, averaging 3.147 % pa from Dec 1993 (Median) to 2017, with 22 observations. The data reached an all-time high of 10.143 % pa in 1993 and a record low of 1.942 % pa in 2010. Vietnam VN: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

Interest rate spread (lending rate minus deposit rate, %) in Vietnam was reported at 4.542 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Vietnam VN: Real Interest Rate data was reported at 3.145 % pa in 2017. This records a decrease from the previous number of 5.785 % pa for 2016. Vietnam VN: Real Interest Rate data is updated yearly, averaging 4.167 % pa from Dec 1993 (Median) to 2017, with 23 observations. The data reached an all-time high of 12.577 % pa in 1993 and a record low of -6.553 % pa in 2005. Vietnam VN: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Viet Nam: Bank lending-deposit interest rate spread : Pour cet indicateur, The International Monetary Fund fournit des données pour la Viet Nam de 1993 à 2020. La valeur moyenne pour Viet Nam pendant cette période était de 3.69 interest rate points avec un minimum de 1.93 interest rate points en 2016 et un maximum de 10.14 interest rate points en 1993.

Vietnam Loan market was valued at USD 643.23 Billion in 2024 and is expected to grow to USD 989.21 Billion by 2030 with a CAGR of 13.22%.

Vietnam VN: External Debt: Average Interest on New External Debt Commitments: Official data was reported at 1.596 % in 2017. This records an increase from the previous number of 1.289 % for 2016. Vietnam VN: External Debt: Average Interest on New External Debt Commitments: Official data is updated yearly, averaging 1.141 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 5.743 % in 1990 and a record low of 0.000 % in 1988. Vietnam VN: External Debt: Average Interest on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

Vietnam VN: External Debt: Average Interest on New External Debt Commitments: Private data was reported at 0.400 % in 2017. This records an increase from the previous number of 0.000 % for 2016. Vietnam VN: External Debt: Average Interest on New External Debt Commitments: Private data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 6.956 % in 1997 and a record low of 0.000 % in 2016. Vietnam VN: External Debt: Average Interest on New External Debt Commitments: Private data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.; ; World Bank, International Debt Statistics.; Weighted average;

The Vietnam real estate and mortgage market exhibits robust growth potential, projected to reach a market size of $47.59 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) exceeding 12.94% from 2025 to 2033. This expansion is fueled by several key drivers. Rapid urbanization, particularly in major cities like Ho Chi Minh City and Hanoi, creates significant demand for residential, commercial, and industrial properties. A burgeoning middle class with increased disposable income fuels the demand for premium and luxury segments, while the affordable housing sector caters to a broader population base. Government initiatives aimed at infrastructure development and attracting foreign investment further bolster market activity. Tourism growth, especially in regions like Quang Ninh and Da Nang, stimulates the hospitality sector's real estate needs. However, market restraints include potential interest rate fluctuations impacting mortgage accessibility and land scarcity in prime urban areas. The market segmentation reveals a diverse landscape; residential construction dominates, followed by robust growth in retail, logistics/industrial, and hospitality sectors. Key players like Vingroup, Vinhomes, Nam Long Investment, and Novaland Group are shaping the market, alongside rising smaller developers catering to niche segments. The forecast period suggests continuous expansion, although potential external economic factors necessitate careful monitoring. The market's strong growth trajectory is likely to persist, driven by continued urbanization and economic development. However, managing risks associated with potential economic downturns and ensuring sustainable development practices are crucial for long-term market stability. The competitive landscape is expected to intensify with both established players and new entrants vying for market share. The diversification of property types and the emergence of innovative financing options will be vital in addressing the evolving needs of both buyers and investors in this dynamic market. Careful consideration of factors such as environmental sustainability and social impact will further shape the future of Vietnam's real estate and mortgage market. Recent developments include: February 2023: Foxconn announced an investment of USD 300 million to expand its manufacturing facility in North Vietnam. Now, the supplier is leasing a new site in the Quang Chau Industrial Park in Bac Giang province, east of Hanoi. A South China Morning Post report reveals that Foxconn has signed a lease with Saigon-Bac Giang Industrial Park Corp for a plot of 111 acres for approximately USD 62.5 million. The lease will run until February 2057., June 2023, The world's largest contract electronics maker and assembler, Foxconn, has received approval from Vietnam to invest USD 246 million in two new projects in its northern province of Quang Ninh., June 2022: No Va Land Investment Group Joint Stock Company announced the completion of a USD 250 million financing from a consortium led by Warburg Pincus. Through this collaboration, Novaland's strong existing market position in the real estate sector – as exemplified by its excellent track record of development and sales, access to a sizable land bank, and proven execution capabilities – will be complemented by Warburg Pincus' global real estate experience and expertise.. Key drivers for this market are: Ho Chi Minh City and Hanoi were experiencing rapid urban expansion, Streamlined Real Estate Lending Service. Potential restraints include: Declining property values as a result of volatile housing markets. Notable trends are: Increased Population and Urbanization.

House price growth slowed down in many countries worldwide in 2022 compared to the year before. Conversely, in Turkey, Vietnam, Russia, Sri Lanka, Georgia, and Mexico, house prices continued to grow. Adjusted for inflation, the annual house price increase in Turkey measured a staggering 63 percent. In the United States, on the other hand, price growth felt from 10.5 percent to 1.2 percent. In 2022, mortgage interest rates, increased overall in response to rising inflation and economic instability.

Vietnam VN: External Debt: DIS: Disbursements: Long-Term and IMF data was reported at 18.661 USD bn in 2017. This records an increase from the previous number of 13.112 USD bn for 2016. Vietnam VN: External Debt: DIS: Disbursements: Long-Term and IMF data is updated yearly, averaging 508.003 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 18.661 USD bn in 2017 and a record low of 0.000 USD mn in 1988. Vietnam VN: External Debt: DIS: Disbursements: Long-Term and IMF data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: External Debt: Disbursements and Interest Payment. Disbursements are drawings by the borrower on loan commitments during the year specified. This item includes disbursements on long-term debt and IMF purchases. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. IMF purchases are total drawings on the General Resources Account of the IMF during the year specified, excluding drawings in the reserve tranche. To maintain comparability between data on transactions with the IMF and data on long-term debt, use of IMF credit outstanding at the end of year (stock) is converted to dollars at the SDR exchange rate in effect at the end of year. Purchases are converted at the average SDR exchange rate for the year in which transactions take place. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

VN：贷款利率在12-01-2017达7.400年利率%，相较于12-01-2016的6.960年利率%有所增长。VN：贷款利率数据按年更新，12-01-1993至12-01-2017期间平均值为11.025年利率%，共23份观测结果。该数据的历史最高值出现于12-01-1993，达32.182年利率%，而历史最低值则出现于12-01-2016，为6.960年利率%。CEIC提供的VN：贷款利率数据处于定期更新的状态，数据来源于World Bank，数据归类于全球数据库的越南 – 表 VN.世行.WDI：利率。

VN：贷款的风险溢价：贷款利率减去国债利率在12-01-2013达3.300年利率%，相较于12-01-2012的4.655年利率%有所下降。VN：贷款的风险溢价：贷款利率减去国债利率数据按年更新，12-01-1993至12-01-2013期间平均值为3.853年利率%，共18份观测结果。该数据的历史最高值出现于12-01-2007，达7.027年利率%，而历史最低值则出现于12-01-2010，为1.990年利率%。CEIC提供的VN：贷款的风险溢价：贷款利率减去国债利率数据处于定期更新的状态，数据来源于World Bank，数据归类于全球数据库的越南 – 表 VN.世行.WDI：利率。