HCMC — Outstanding loans in the southeastern region of Vietnam, including HCMC and Dong Nai Province, had reached nearly VND5.4 quadrillion in the year to end-August, up 0.9% from July and 7.7% from late 2024.
HCMC accounted for VND4.27 quadrillion, or 79.1% of the region’s total, marking an 8.13% increase compared to the end of last year, showed data from the State Bank of Vietnam (SBV).
Credit in HCMC grew 1.07% in August, 0.71% in July, and 2.25% in June.
Lending to wholesale and retail trade totaled VND763 trillion, up 15.1% year-on-year. Loans to manufacturing stood at VND766 trillion, up 8.8%. Credit for transport and warehousing reached VND113 trillion, up 38.8%, while loans for tourism services amounted to VND65.4 trillion, up 15%.
The SBV’s Regional 2 Branch said the banking sector will continue measures to support growth, including administrative reforms, improved access to capital, preferential lending rates, and monetary stability.
