HCMC – Credit in Vietnam has grown strongly this year, with total outstanding loans in the banking system surpassing VND19.4 quadrillion, up more than 4% from the end of 2025.
Data recently released by the State Bank of Vietnam (SBV) showed that the current credit structure has shifted in line with the broader economy. The service sector accounts for the largest share of the outstanding loans, at around 70.5%, followed by industry and construction at 23.5%, and agriculture at about 6%.
The figures reflect the central bank’s flexible policy approach aimed at supporting economic recovery and maintaining macroeconomic stability in the current environment.
In priority sectors, outstanding loans for agriculture and rural development have amounted to around VND4.3 quadrillion, accounting for 22.2% of total credit, while small and medium-sized enterprises have made up nearly VND3.8 quadrillion, equivalent to about 20%.
Several key sectors posted robust growth in the first quarter of 2026. Export-related lending rose by 11.2%, while loans to high-tech enterprises surged 18.81%.
Despite the positive signs, the SBV warned that the economy continues to face challenges, including inflationary pressure, exchange rate volatility and limited capital absorption capacity among businesses.
The banking sector said it would continue managing credit growth in a safe and effective manner. Credit institutions are also rolling out lending rate cuts and support programs aimed at helping businesses recover and sustain long-term growth.
