Loan-Interest Subsidy Program (Hỗ trợ lãi suất vay)

Loan-Interest Subsidy Program (Hỗ trợ lãi suất vay)

Offers Vietnamese enterprises interest support to reduce financing costs on innovation loans over the project lifecycle.

Vietnam's National Technology Innovation Fund (NATIF) administers a Loan-Interest Subsidy program — known in Vietnamese as Hỗ trợ lãi suất vay — that reduces the cost of commercial bank financing for enterprises pursuing technology adoption, transfer, or innovation projects. Unlike a direct grant, NATIF does not disburse cash to applicants; instead, it covers up to 50% of the contracted interest rate on a qualifying bank loan, subject to a maximum subsidy rate of 6% per year. The subsidized loan must be drawn from an accredited Vietnamese credit institution, and the underlying project must carry technology application, transfer, or innovation content approved by the relevant government authority.

The subsidy period runs for up to five years from loan drawdown. Eligibility is restricted to for-profit enterprises registered and operating in Vietnam; nonprofits, universities, research organizations, and individuals are not eligible. No minimum or maximum loan size is published in available program documentation, but the subsidy budget is planned annually through a demand survey. NATIF's most recently documented survey window for planning the 2026–2027 budget ran from 23 May to 30 June 2026. The enterprise must obtain credit-institution approval independently before NATIF can confirm subsidy coverage.

Applicants should engage their bank early, because the lending institution must first accept the project for financing before NATIF's subsidy can attach. The program operates on a rolling basis rather than competitive rounds, so timing is driven by the borrower's credit readiness and NATIF's budget availability for the relevant survey year. Enterprises in any sector can apply, making this instrument broadly accessible to technology-adopting Vietnamese businesses regardless of industry vertical.