Keyword: "Vietnam Credit growth"

As businesses seek additional resources to restore production, high interest rates and limited access to credit remain major challenges. To improve capital flows across the economy, experts recommend tightening control over credit directed to non-productive sectors while prioritising resources for industries that generate real economic value, thereby supporting sustainable growth.

At a press conference on banking sector performance in 2025 and tasks for 2026, held in Hanoi on December 29, SBV Deputy Governor Pham Thanh Ha said that as of December 24, 2025, total outstanding credit to the economy exceeded 18.4 quadrillion VND (about 670 billion USD), up 17.87% compared to the end of 2024.

The State Bank of Vietnam’s net purchase of foreign currencies exceeded 11 billion USD in the first half of 2018, increasing the nation’s foreign exchange reserves to approximately 63.5 billion USD.

Maximum credit growth this year is forecast to be just 18-19 percent, meaning that the banking system will not use up the increased room of 21 percent.