HCM City (VNA) - Ho Chi Minh City’s credit growth continued on a positive trajectory in 2025, with total outstanding loans estimated at over 5 quadrillion VND (190 billion USD), up 0.95% from November 2025 and approximately 13.5% compared to the end of 2024.
The State Bank of Vietnam’s Regional Branch No. 2 said banking capital has been channelled mainly into priority sectors, production and business activities, and key programmes, contributing to market stability and supporting the city’s economic recovery and growth.
According to Tran Thi Ngoc Lien, deputy director of the branch, outstanding credit in the city grew by 12.43% in the first 11 months of 2025 compared to the end of last year. The credit growth is expected to remain at around 13.5% by year-end, with increases recorded across all maturities.
She noted that the local banking system has ensured sufficient credit supply to meet production and business demand, as well as goods stockpiling during the year-end peak period, thereby satisfying capital needs ahead of the 2026 Lunar New Year (Tet).
Credit to priority sectors continued to expand steadily, with loans for agriculture and rural development reaching 520 trillion VND, export credit 169 trillion VND, small and medium-sized enterprises 1.59 quadrillion VND, industries 81 trillion VND, and loans to high-tech enterprises 5.29 trillion VND.
Under the 185 trillion VND credit package for enterprises engaged in agricultural, forestry and fishery production and processing, disbursement in the city during the period amounted to 2.32 trillion VND. Since the programme’s launch, total disbursement has reached 36.5 trillion VND, with outstanding loans of 14.27 trillion VND provided to 11,311 borrowers.
For the programme on social housing, housing for workers, and the renovation and rebuilding of old apartment blocks under Resolution No. 33/NQ-CP, HCM City has approved 16 projects, three of which have received funding. Cumulative disbursement has surpassed 293 billion VND out of an approved credit limit of 870 billion VND, while outstanding loans stand at 267 billion VND.
Outstanding credit under the market stabilisation programme reached 6.45 trillion VND, including 6.44 trillion VND in short-term loans and 10 billion VND in medium- and long-term loans, with 33 enterprises taking part.
Notably, the bank–business connectivity programme in the city reached an unprecedented scale. In 2025, 18 banks registered to join a credit package worth 517.06 trillion VND, the highest level on record and 1.4% higher than in 2024.
Overall, the programme disbursed 881.28 trillion VND to 223,253 borrowers in 2025, representing a year-on-year increase of 27.4% and making a significant contribution to promoting economic growth and stabilising production and business activities in HCM City.
Experts noted that the strong credit expansion recorded in 2025 has not only created a solid foundation for production and business operations but has also supported economic growth, market stability and social welfare in the city in the period ahead./.
