Business

Experts optimistic about credit market

Experts have shown optimism despite the slow credit growth over the past six months, which had raised concerns over the banking system's ability to reach the year's target of 12-14 percent growth.

According to statistics from the State Bank of Vietnam, the credit growth rate in the first six months of this year was only 3.52 percent, while the growth rate over the same period last year was 4.7 percent.