Tag credit growth
Sort by: Newest   | Oldest

Vietnam's PM says pace of credit growth should be speeded up

The State Bank of Vietnam in February set year's target at 18 percent

Vietnam's central bank expects credit growth to reach 17-18 percent

The State Bank also says it will keep the dong/dollar exchange rate stable.

HCMC's credit growth hits 4-year high in Jan-Sep

Low interest rates boosted lending to $63 billion in the first nine months.
October 17, 2016 | 03:45 pm GMT+7

Vietnam's banking system needs $25 bln to clear off toxic debts

The country needs $25 billion to address bad debt, equivalent to 13 percent of the country’s gross domestic product in 2015, financial experts say.
October 13, 2016 | 03:00 pm GMT+7

Vietnam banks see 2016 credit growth at 21.8 percent: central bank survey

That would be higher than the central bank's target of between 18 and 20 percent for the year, and a sharp rise from last year.
October 11, 2016 | 10:59 am GMT+7

Vietnam's bad debts under control, central bank says

The State Bank of Vietnam aims to bring down toxic debts in local lenders to below 3 percent of total outstanding loans this year.
October 08, 2016 | 03:00 pm GMT+7

Vietnam’s credit growth up 10.6 percent in first nine months

The credit growth target of 18-20 percent could be difficult to reach this year.
October 07, 2016 | 05:49 pm GMT+7

Vietnam's central bank grapples to fight inflation

The State Bank says will tread carefully on any changes to monetary policy.
July 27, 2016 | 11:48 am GMT+7

Vietnam banks see 2016 credit growth up 20 percent on year

Vietnamese banks are lending more: Is it good news to the economy?
July 07, 2016 | 11:44 am GMT+7

HSBC lowers GDP forecast for Vietnam to 6.3 percent

Vietnam’s economy is tipped to expand at 6.3 percent this year, according to an HSBC report on the country’s April market outlook, lowering its forecast from the previously ...
April 07, 2016 | 05:52 pm GMT+7

Credit growth to reach five-year high in 2016: survey

Vietnam's annual credit growth is expected to quicken to 20.09 percent this year, the fastest pace in five years, said the Monetary Forecast and Statistics Department under the ...
April 07, 2016 | 08:10 am GMT+7