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Wednesday, July 2, 2025

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credit growth

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...

Central bank aims for 16% credit growth in 2025

HCMC – Vietnam's central bank, the State Bank of Vietnam (SBV), has set a credit growth target of around 16% for this year. This...

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...

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