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.
An influx of credit into Vietnam's property market has raised concerns about potential risks, with outstanding real estate loans hitting a record high.
At a discussion session on October 28, many National Assembly (NA) deputies said it is necessary to adopt solutions to restore Vietnam’s corporate bond and securities markets as soon as possible, to ease the pressure on credit. In particular, the government needs to closely monitor interest rates at banks, so that sectors carrying out production and business can access credit at an appropriate cost.