Outstanding consumer credit reaches $110 bln
Consumer credit helping to meet people's financial demand while curbing black credit.
HCMC records Q1 credit growth of 1.3%
Credit programs in support of businesses' production and trade.
63 projects to access loans from social housing credit package
Capital needs estimated at $1.14 billion.
Outstanding social policy credit at $13.5bln
Over 40.8 million poor households had benefitted from policy loans as of the end of 2023.
Government calls for acceleration of social housing credit program
52 projects in 20 localities are qualified for the program.
Total outstanding loans up nearly 9%
Credit targeting production and trade sectors that contribute to GDP growth.
Deputy PM seeks measures to facilitate business access to credit
Credit key for overall economic development.
Business households in disadvantaged areas to receive preferential credit
Interest rate set at 9% per annum.
Banks begin disbursing $5bln social housing credit package
Credit package targets investors and customers of social housing projects.
Over 3mln farming households gain access to credit
Total outstanding loans from two banks at $41.8 billion.
State commercial banks offer credit of $16bln for businesses
Preferential loan packages expected to help enterprises recover production and trade.
Banks in HCMC commit $18.9bln in credit for businesses
20 banks have registered to join preferential package.
Solutions needed to help SMEs gain access to credit
Only 25% of SMEs can access bank loans.
2023 credit growth set at 14-15%
Central bank sets seven key tasks for the banking sector this year.
Credit demand predicted to grow in all sectors
Manufacturing and processing tipped to see the highest credit demand in 2023.
Government prioritizes handling weak credit institutions
Resolution on socio-economic development plan gives priority to macro-economic stability and inflation control.
2022 credit growth at nearly 13%
Total loans in Vietnam’s banking system during 2022 reached some $497.9 billion.
SBV: Credit must prioritize key Mekong Delta farm produce
Mekong Delta holds great potential in agricultural development and is the country’s largest agriculture and seafood production hub.
PM: Strengthened supervision needed to ensure credit goes to right targets
It is necessary to protect the legitimate rights and interests of the people, enterprises, and related parties in all circumstances, the Prime Minster told a recent conference.
WB provides credit for economic recovery
A new credit package from the World Bank (WB) aims to encourage policy reform under two pillars: support economic recovery through tax and financial support for the growth of businesses; and contribute to greening trade policies, promoting e-government, and increasing the use of renewable energy. The WB is optimistic that Vietnam’s pace of reform will be accelerated in the time to come.