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Sunday, June 8, 2025

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Banks step up infrastructure lending?

This year’s economic growth is under threat from rising tariff barriers, which are expected to significantly hinder credit expansion within the banking sector. In light of these challenges, how should the banking industry adjust its credit development strategy to effectively achieve its objectives? Growth challenges As of March 31, total outstanding loans in the banking system had reached VND16.23 quadrillion, a 3.93% increase against the end of 2024, nearly triple the 1.34% growth recorded in the first quarter of last year, according to data from the State Bank of Vietnam (SBV). When compared to March 2024, growth in outstanding loans exceeded 18%, surpassing the 2025 target of 16%. Optimistic projections indicate that credit growth in 2025 could reach 17-18%, driven by the recovery of the real estate market and an anticipated surge in demand for consumer and home loans. Reflecting on the first-quarter performance, the SBV stated that credit activity continued to effectively address the capital needs for economic growth. Lending remained concentrated in key areas such as production and business, trade and services, tourism, and import-export sectors. The prospect of trade slowing due to the new U.S. tariff policy poses a significant risk to this year’s economic growth, with […]
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PM calls for proactive talks with U.S. on tariff issues

HCMC - Prime Minister Pham Minh Chinh has instructed ministries and agencies to proactively engage with the U.S. on tariff negotiations. On April 29, Prime...

Staying flexible amid tariff pressures

A flexible approach to investment and operations has proven essential for many Vietnamese exporters in navigating the risks associated with the shifting U.S. tariff...

Farmers under tariff pressure

Within less than ten days of the United States announcing reciprocal tariffs earlier this month, prices of agricultural products on commodity futures exchanges fluctuated...

Sectors bracing for tariff storm

Tariffs have taken center stage in global financial market discussions since early April. Unpredictable policy moves by U.S. President Donald Trump have roiled stock...

Tariff pressures pose challenges to Vietnam’s economic growth in 2025

HCMC – Vietnam’s economy maintained stable growth in the first quarter of this year, but escalating global trade tensions and the new U.S. tariff...

How to maintain the U.S. market

How can businesses in Vietnam maintain their presence in the United States market and thrive there? This article explores several ways that can help...

Coping with new U.S. trade policy

With a large trade surplus with the United States and a critical role in global supply chains, Vietnam is more vulnerable to U.S. anti-dumping...

New U.S. tariff sends shockwaves

Economists and business leaders across industries have voiced shock over a U.S. plan to impose a reciprocal tariff of 46% on imports from Vietnam,...

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