Economic institutions’ net withdrawal from banks doubles to US$8.2 billion in Jan-Feb
During the two-month period, deposits from economic institutions in Vietnam’s banking system declined 4.84% against the end of 2019 to VND3,770 trillion (US$161.08 billion).
15:13, 2020/03/17
Vietnam to rely on macroprudential measures to soften Covid-19 economic shock: Fitch
Fitch Solution revised its forecast for Vietnam’s credit growth to come in at 11% in 2020, from 12.50% previously.
16:23, 2020/03/05
Vietnam’s credit growth remains low despite strong support from banks
The deceleration of credit growth in the two-month period showed difficulties that enterprises are facing as some have to scale down operations due to impacts of the Covid-19 epidemic.
16:44, 2020/03/04
Vietnam banking system eases pressure on US$10 billion loans for clients
The current Covid-19 epidemic has led to delay in debt payment and higher rates of bad and overdue debts , according to a senior official of the State Bank of Vietnam.
14:43, 2020/01/20
Profit of Vietnam banking sector predicted to grow 22.5% in 2020
In 2020, the credit growth is expected to be in range of 13 – 13.5%, down from 13.7% last year.
15:18, 2020/01/06
Vietnam leaders never ask for adjustments to statistical data: PM
Statistical data remain objective, accurate and in compliance with laws, said Prime Minister Nguyen Xuan Phuc.
11:05, 2020/01/01
Vietnam’s credit growth estimated at 13.7% in 2019
There has been a positive shift in the credit structure that provides strong support to economic growth, with a major part of outstanding loans channeled to priority fields.
13:28, 2019/12/29
Vietnam’s credit growth slows down amid strong GDP expansion
Vietnam’s economic growth continues to be driven by the resilient foreign sector and robust domestic consumption.
22:28, 2019/11/06
Vietnam’s credit growth projected to reach 10-year low of 13.2% in 2019
The slow growth comes mainly from state-owned banks, which have become more stringent on their loan disbursements.