Vietnam’s central bank has announced it will exclude loans extended to several large-scale projects from banks’ credit growth limits. The exemption applies to debt related to projects undertaken by major developers Vingroup, Sun Group, and Masterise. This move aims to facilitate continued investment in these significant developments without impacting overall banking sector lending restrictions. The State Bank of Vietnam (SBV) did not specify the total value of the loans being excluded. Analysts suggest this policy indicates government support for key economic projects and a desire to stimulate growth in the property sector. The decision provides banks with greater flexibility in allocating capital while still adhering to broader macroeconomic controls. It remains to be seen how widely this exemption policy will be applied to other projects in the future.