HCM City credit grows 13.2% in 5M
Total outstanding loans reach nearly VND4.1 quadrillion (over $157 billion).
Topic: Credit
HCM City's real estate credit reaches $42.5 bln in 4M
The figure accounting for 28% of the total outstanding loans of the city's economy.
Bank credit in HCM City reaches $154 bln in Q1
Credit concentrated on production, business, trade, services, tourism and export-import activities.
Ho Chi Minh City's tourism credit grows 10%
Total outstanding tourism credits reaching VND57 trillion ($2.2 billion) by the end of February.
Consumer credit surges in HCMC, driven by property loans
Medium- and long-term loans for buying, leasing, building, and repairing houses for residential purposes accounted for the highest proportion.
HCMC credit reaches $155 bln, up 11.34% in 2024
While the credit growth in 2024 lower than in 2022, it exceeded the rates in 2023 and 2020.
Export firms in HCM City get credit priority
Total outstanding credits in Vietnam dong with preferential interest rates for export enterprises in the city reached VND105 trillion ($4.17 billion) in the past ten months.
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Vietnamese Banks Predict Modest Credit Growth, Stabilizing Bad Debt Ratios
A survey by Vietnam's central bank finds a positive outlook from lenders, but highlights slowing momentum in the financial sector after a rough 2023.