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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
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Ho Chi Minh City
Wednesday, July 16, 2025

Central bank revises up credit growth limit

The Saigon Times

Must read

HCMC – The State Bank of Vietnam (SBV) decided last night (December 5) to increase the credit growth limit for this year by 1.5 to 2.0 percentage points, reversing its persistent stance on loan growth.

With inflationary pressure on its mind, the SBV, the country’s central bank, earlier affirmed that it would not let credit growth surpass the 14% target.

In the recent past, the central bank did give extra credit growth quotas to the top four State-owned commercial banks and a couple of banks involved in the restructuring of ailing banks.

Explaining its decision to raise the credit growth limit, the SBV said external factors were less of a concern while liquidity in the banking system had improved.

The central bank requested commercial banks to prioritize lending to sectors such as agriculture, export, supporting industries, and small and medium enterprises.

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