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credit growth

HCMC credit grows in Jan-Feb

Total outstanding credit in HCMC had totaled VND3,936 billion by the end of February, up by 12.2% year-on-year, with lending primarily directed toward production,...

BIDV eyes 15% credit growth this year

HCMC – Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) plans to attain credit growth of 15-16% this year, according to...

HCMC credit grows in Jan-Feb

HCMC – Total outstanding credit in HCMC had totaled VND3,936 billion by the end of February, up by 12.2% year-on-year, with lending primarily directed...

Small businesses in HCMC still struggle to secure bank loans

HCMC – Small and medium-sized enterprises (SMEs) in HCMC continue having difficulty securing bank loans, despite the availability of various preferential loan packages, according...

PM wants sanctions against banks raising deposit rates

HCMC – Prime Minister Pham Minh Chinh has told the State Bank of Vietnam (SBV) to impose strict measures against commercial banks that are...

Consumer credit in HCMC up 10.4% in 2024

HCMC – Consumer credit in HCMC expanded by 10.4% in 2024 to over VND1.11 quadrillion, according to the State Bank of Vietnam's HCMC branch. This...

Credit-driven growth

It is undeniable that Vietnam’s economic growth is increasingly reliant on monetary policy, while the effectiveness and ripple effects of fiscal policy have yet...

Banking sector ramps up support for economic growth

HCMC – Vietnam's central bank has pledged to intensify efforts to boost economic growth by expanding credit and ensuring financial stability. The State Bank of...

HCMC credit continues expanding in January

HCMC - Credit totaled VND3,940 trillion in HCMC in January, up a mere 0.04% against the end of 2024 but a staggering 12.43% year-on-year,...

Standard Chartered: Growth prospects positive for Vietnam in 2025

HCMC – Vietnam’s economy is expected to grow by 6.7% this year, according to Standard Chartered’s latest macroeconomic update, falling short of the National...

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