Ho Chi Minh City saw a positive credit growth in the first four months of 2025 due to favorable factors from the socio-economic environment and policies of the State Bank of Vietnam (SBV).

The city’s total credit outstanding loans reached over VND4 quadrillion ($155 billion) by the end of April, increasing 2.62% compared to the end of 2024 and 12.78% year-on-year, according to the SBV’s Region 2 branch in HCM City.

Credits mainly focus on economic growth drivers as well as businesses and production sectors.

Credit loans for nine groups of essential service sectors that contribute over 60% to the city’s GRDP stood at over VND1.4 quadrillion ($53.6 billion), or 35.4% of the total, including such sectors as trade, tourism, communications, technological science, health, education and finance.