Under State Bank of Vietnam Circular No. 29/2026/TT-NHNN, effective 15 August 2026, the cap on small-value loans is 400 million VND at credit institutions and 200 million VND at people's credit funds. The article stresses that a higher cap does not mean every borrower can borrow the maximum or is exempt from appraisal, as lenders must still assess eligibility, borrower information and repayment ability. As of end-August 2026, outstanding loans for living needs and credit cards across the system reached about 4.62 million billion VND, while finance companies held nearly 185,000 billion VND in these two categories, up 13.37% year on year. Đào Minh Tú, Vice Chairman and Secretary General of the Vietnam Banking Association, said wider access should be matched with transparency on interest rates, fees and total repayment obligations, and with borrowers identifying licensed lenders to avoid unlicensed apps.
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Original headline: Nới hạn mức vay nhỏ, mở rộng cửa tín dụng tiêu dùng
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creditbanksState Bank of VietnamVietnam
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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