Vietnam Central Bank Vows to Push Growth, Limit Credit Risk (2)

The State Bank of Vietnam plans to keep pursuing policies to spur growth while containing inflation, aiming to boost lending to businesses even as it controls credit to riskier sectors, according to a central bank briefing in Hanoi.

Bank loans as of Sept. 29 rose 13.37% from the end of 2024, Deputy Governor Pham Thanh Ha said. Property loans rose around 19% in the first nine months of the year, while credit for technology projects and supporting industries rose around 24%, according to Ha Thu Giang, head of the lending department. The regulator sees credit growth quickening 19%-20% by the ...