Vietnam
CREDIT GROWTH IN HCM CITY HITS $155B IN FIRST FOUR MONTHS
HCM City’s total outstanding loans exceeded VNĐ4 quadrillion (US$155 billion) in the first four months of 2025, rising 2.62% since end-2023 and 12.78% year-on-year, according to the State Bank of Vietnam. Real estate loans accounted for 64.6%, while over VNĐ1.4 quadrillion ($53.6 billion) supported key service sectors like trade, tourism, and health. Deputy SBV Director Nguyễn Đức Lệnh credited the growth to strong trade, tourism, and export activity, alongside supportive policies. Most credit was channelled into business and production, with banks continuing to prioritize access for SMEs, exporters, and consumers to fuel economic expansion. (ICE HO CHI MINH CITY)
Fonte notizia: Vietnam News
