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Thursday, January 16, 2025

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Credit growth reaches 15.08% in 2024

HCMC – Credit growth in Vietnam's economy reached 15.08% as of December 31, 2024, with outstanding loans totaling VND15.6 quadrillion, an increase of over...

Little scope for monetary policy in 2025

Despite numerous challenges and difficulties at certain points, monetary policy in 2024 was oriented towards loosening, with positive credit growth and stable policy rates....

Financial health of small banks

Credit continued to grow positively in the first nine months of 2024, but the full-year target of 15% is still hard to achieve. New...

SBV raises credit growth quotas for banks

HCMC – The State Bank of Vietnam (SBV) has increased credit growth quotas for banks in 2024, allowing lenders to expand lending. This is the...

Pressure mounts on deposit rate hikes

Credit growth in the first 10 months of 2024 is estimated at 10.08%, moving closer to the full-year target of 15%. Approximately VND670 trillion...

No ban on real estate lending: central bank

HCMC – The State Bank of Vietnam (SBV) has no regulations that prohibit banks from making real estate loans, said SBV Governor Nguyen Thi...

Risk looms as lending accelerates

Since the beginning of the year, credit growth has shown signs of recovery as demand for loans has improved across various sectors. However, this...

Barriers to year-end lending

Banks are finding ways to boost lending in the rest of the year Speeding up disbursements to spur demand HCMC arranged three consecutive lender-borrower matching conferences...

The worrying spike in bad debt

While Vietnam is enjoying higher GDP growth, the rise in bad debt in the banking system is cause for concern A contrast between GDP growth...

Gov’t eyes 7% GDP growth, inflation below 4.5% for 2024

HCMC - The Government is targeting GDP growth of over 7% for 2024 while keeping inflation under 4.5%, according to Prime Minister Pham Minh Chinh. Speaking...

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