Credit growth across Vietnam's banking system is projected to reach about 16% in 2025, according to the State Bank of Vietnam (SBV).
Leaders of the country’s four largest banks (the Big 4 group) BIDV, Vietcombank, VietinBank and Agribank have announced their preliminary positive business results for 2024.
Thailand’s fintech giant SCB X has announced a plan to complete its acquisition of Home Credit Vietnam Finance Co, the consumer finance arm of Home Credit NV (Home Credit Group), in the first half of 2025, pending regulatory approval.
The US-based financial, economic, and stock market news site investing.com said Vietnam's economy demonstrated continued resilience in November, with a substantial trade surplus and growth in exports and imports.
Vietnam has distinguished itself as one of the fastest-growing economies in the East Asia-Pacific region in 2024.
Vietnam's economy has continued to perform strongly in 2024, evidenced by the latest Asian Development Bank’s Asian Development Outlook, which highlights Vietnam’s impressive economic performance, said Hal Hill, an emeritus professor at the Crawford School of Public Policy at the Australian National University.
VOV.VN - Vietnam ranks second among the most attractive and promising foreign investment destinations for Japanese enterprises, according to the survey results released by the Japan Bank for International Cooperation (JBIC) on December 12.
The banking system's credit growth had risen by 11.12% as of November 22 compared to the end of 2023, hence the 15% growth target for the whole year is reachable, according to the State Bank of Vietnam (SBV).
Inflation in Vietnam for 2024 is projected to reach a range of 4% to 4.5%, higher than the 3.5% recorded in 2023, according to the Banking Academy’s Banking Research Institute.
VOV.VN - Currently, Vietnamese firms, especially small and medium-sized enterprises, face significant barriers when trying to access green finance.