Vietnam bank credit supports 1Q GDP growth


Bank credit in the period focused on business and production, economic growth drivers and priority sectors, especially industry, agriculture and rural development, small- and medium-sized enterprises, trade and services. — Vietnam News

HANOI: Credit in the first quarter of 2026 surged by 3.18% against late last year to 19.18 quadrillion dong, supporting Vietnam’s gross domestic product (GDP) growth of 7.83%, Pham Thanh Ha, deputy governor of the State Bank of Vietnam (SBV), says.

Speaking at the press conference in Hanoi on Tuesday on reviewing the banking industry’s first quarter (1Q) of 2026, Ha said that bank credit in the period focused on business and production, economic growth drivers and priority sectors.

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