SACOMBANK offers VND 20 trillion preferential loan package for Vietnam’s exporters

Saigon‑based SACOMBANK announced a VND 20 trillion (approximately US$860 million) credit programme aimed at companies engaged in export and import activities. The package provides an interest‑rate discount of up to 2 percentage points compared with standard bank rates and features flexible maturities and credit limits tailored to the size and cash‑flow cycles of each enterprise.

The initiative comes as Vietnam’s total trade turnover in the first half of 2026 reached $549.69 billion, a 27.1 % year‑on‑year increase, lifting the trade‑to‑GDP ratio to about 170 % – far above the world average. While foreign‑invested firms account for roughly 80 % of export value, domestic firms, especially small and medium‑sized enterprises, face tighter financing constraints. SACOMBANK’s scheme evaluates borrowers on overall business health, payment flows, export volumes, foreign‑currency needs and supply‑chain relationships rather than relying solely on traditional collateral. The bank also plans to extend financing through supply‑chain channels, allowing downstream partners to benefit from the preferential terms.