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Banks get more credit growth quotas

HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, has increased credit growth quotas for banks, aiming for a system-wide loan...

Potential challenges amid strong credit growth

If the pace of credit growth observed in the first half of 2025 continues, the full-year growth rate could reach 18–20%. This upward trajectory...

Central bank urges loan relief for storm-hit borrowers

HCMC – The State Bank of Vietnam (SBV) has told credit institutions to reschedule debt payments, consider interest exemptions or reductions, and extend new...

When to scrap credit growth caps?

On July 6, 2025, in Directive No. 104 on enhancing the effectiveness of monetary and fiscal policy management, the prime minister directed the State...

A safety buffer needed

The mechanism of controlling credit growth through administrative quotas has led to suboptimal capital allocation in the economy via the commercial banking system. It...

The SBV’s policy playbook put to the test

The 90-day suspension of reciprocal tariffs by the Trump administration expires on July 9, 2025. This is a focal point for the markets in...

Credit should not be the sole pillar

Maintaining high economic growth amid mounting global uncertainties is a major challenge for the Government, especially as the country strives to move past its...

There is no free lunch

On June 12, 2025, the State Bank of Vietnam (SBV) released a draft amendment to Decree 24/2012/ND-CP on gold trading management, inviting public feedback The...

More measures to settle bad debt

The regulation that only non-performing loans (NPLs) can be received, managed or handled under authorization is aligned with the core objective of establishing debt...

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