Vietnam National Day Gift: 100,000 VND Bonus

The Vietnam National Day Gift initiative marks a significant gesture from the government. Announced just ahead of the 80th anniversary of the August Revolution and National Day on September 2, this program distributes 100,000 VND (about 4 USD) to every eligible citizen. For foreign investors, it signals strong economic confidence. Moreover, it could enhance consumer spending, indirectly supporting sectors like real estate.

This cash injection aligns with Vietnam’s projected GDP growth. According to the World Bank’s latest update, the economy is forecast to expand by 6.8% in 2025. Such policies often boost household disposable income, fostering investment opportunities.

Overview of the Vietnam National Day Gift Program

Under Resolution 263, issued on August 29, the government has centralized the distribution process. Therefore, payments will reach citizens efficiently through digital or in-person methods. This approach ensures broad coverage across the population.

The program applies to Vietnamese citizens and those of Vietnamese origin without confirmed nationality. However, they must hold identity cards, reside in Vietnam, and have personal IDs in the national database as of August 30. As a result, nearly the entire population qualifies.

Eligibility Criteria for Recipients

Eligibility focuses on residency and identification. For instance, payments are calculated per household using national data. Heads of households or authorized members can collect and distribute funds.

Citizens without permanent registration receive gifts directly. Additionally, authorized representatives may handle collections. This inclusive setup minimizes exclusions.

Key eligibility points include:

• Vietnamese citizens with valid IDs.
• People of Vietnamese origin residing in Vietnam.
• Inclusion in the national population database by August 30.

Payment Methods and Timeline

Recipients have flexible options. They can access funds via integrated social security accounts on VNeID. Alternatively, direct pickups occur at local points.

The main payout window is August 31 to September 1. Nevertheless, extensions apply for valid reasons, up to September 15. Thus, the process accommodates various circumstances.

As of late August, 18 banks link with VNeID for seamless transfers. These include major players like Agribank, VietinBank, and BIDV. Furthermore, VNPT’s Mobile Money offers another channel. More banks will join soon, expanding accessibility.

Budget Allocation and Government Role

The initiative draws 10,700 billion VND from the 2025 central budget. Localities must return unused funds. If shortages arise, they can advance from local sources and seek reimbursement.

The Ministry of Public Security handles data extraction. Specifically, it compiles lists by 24:00 on August 30, detailing down to communal levels. In addition, the ministry guides account integration on VNeID.

Prime Minister Pham Minh Chinh announced the Politburo’s approval on August 28. Consequently, this reflects high-level commitment to national unity.

Economic Impact of the Vietnam National Day Gift

This gift injects liquidity into the economy at a key time. With Vietnam’s Q1 2025 growth at 6.9% year-on-year, as per IMF assessments, such measures sustain momentum. For investors, it underscores fiscal stability.

Consumer spending may rise during holidays. Therefore, retail and services sectors benefit. In the broader picture, this supports Vietnam’s transition to a middle-income economy.

Expert views suggest similar stimuli have historically lifted confidence. For example, increased disposable income often flows into savings or purchases, stabilizing markets.

Opportunities for Foreign Investors in Real Estate

The Vietnam National Day Gift could indirectly fuel real estate demand. As households gain extra funds, some may invest in property upgrades or down payments.

Vietnam’s real estate market shows strong recovery trends in 2025. Apartment prices in Hanoi surged 29.6% in Q1 to about $2,865 per square meter. Urbanization and infrastructure drive this growth.

Foreign investors should note high-potential areas like industrial zones and premium offices. Moreover, M&A in real estate hit 44% of deal values in Q1 2025.

To explore further:

• Read the World Bank’s Vietnam economic update for growth forecasts.
• Check the IMF’s assessment of Vietnam’s economy on recent performance.
• Review Vietnam real estate market trends for investment insights.

This policy enhances Vietnam’s appeal as a stable investment hub.