Vietnam’s outstanding property credit reached VND 4,100 trillion or US$155.2 billion by end-July 2025, up 17 percent from end-2024 and accounting for 23.68 percent of total debt, according to central bank data, and reported by The Investor → view source.
Key details:
- Structure of loans: Real estate trading credit stood at VND 1,790 trillion (US$67.75 billion), up 23 percent year-on-year. Consumption-related housing loans reached VND 2,280 trillion (US$86.29 billion), up 12.4 percent.
- HCMC concentration: Property credit in Ho Chi Minh City totalled VND 1,090 trillion (US$41.26 billion), 27.5 percent of the city’s total outstanding loans.
- Bad debt ratio: Sector non-performing loans were at 2.43 percent, within the control threshold.
- Growth pace: Credit growth outpaced the 13 percent seen in the same period of 2024.
- Expert warnings: Economists urged caution, citing risks of over-concentration, speculative lending, and potential bad debt spikes if liquidity weakens.
See also: Real Estate in Vietnam 2025: Trends, Challenges & Outlook