Momentum for further growth
Dr. Can Van Luc, BIDV Chief Economist and Member of the National Financial and Monetary Policy Advisory Council, underscored the various prospects for Vietnam’s economic growth in 2024.
Topic: momentum
Banks’ profit targets a tall order
Figures from 26 of Vietnam’s 27 listed banks reveal plans to grow after-tax profits by up to 33 per cent in 2022. However, analysts believe banks will have to manage plans smartly given that net income margins (NIM) are becoming smaller.