Vietnam’s credit growth as of June 9 expanded by 17.09% against the same period last year, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on June 15.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has submitted a report to National Assembly (NA) deputies on issues raised during the Question-and-Answer session, including credit management and control in potentially risky areas, especially securities lending, corporate bond issuance.

Techcombank has received eight awards from the global payments company Visa for its achievements in 2021.

National Assembly (NA) deputies will further debate the supplementary assessment of the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022 on June 2, as part of the legislature's ongoing third session.

National Assembly (NA) deputies on June 1 discussed the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022 as well as the settlement of bad debts of credits institutions.

VOV.VN - FiinGroup says that S&P Global Rating has recently upgraded its long-term credit rating on Vietnam to BB+, with this stable outlook, is a good sign that can fuel the country’s hope of achieving its target of BBB- sooner than the set goal of 2030.

Ensuring flexibility in curbing rising petrol prices and settling bad debts of credit institutions were scrutinised by NA deputies on June 1 at a debate on the implementation of socio-economic development plans in 2021 and in the first months of 2022 during the legislature's ongoing third session.

Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.

VOV.VN - S&P Global Ratings has upgraded its long-term credit rating on Vietnam to BB+ with a stable outlook on the back of its strong economic recovery and improved government institutional settings.

The capitalisation of Vietnam’s banking sector is expected to increase by nearly US$2.8 billion this year.