Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on February 20 said propelling credit growth is the key task in 2024 to ensure ample capital for the economy.

The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth.

VOV.VN - There are positive signs ahead for Vietnamese exports in 2024 thanks to the recovery of the global economy, increasing consumption demand, and the effective enforcement of free trade agreements (FTAs).

VOV.VN - Positive economic signs recorded last year are anticipated to serve as the foundation for the Vietnamese economy to grow well in the year ahead, according to Minister of Planning and Investment Nguyen Chi Dung.

VOV.VN - The 15th National Assembly’s sixth session recently adopted a resolution on the socio-economic development plan for the year, with GDP targeted at 6% to 6.5% and per capita GDP at US$4,700 to US$4,730.

VOV.VN - With exports to China recording positive growth last year, there remain plenty of opportunities for Vietnamese products to enter the lucrative market this year, according to insiders.

Since the beginning of the year, numerous banks have launched attractive credit packages with low interest rates, some even as low as 0% per year, easing the financial burden for customers seeking additional capital, particularly during the time leading up to Tet (Lunar New Year holiday).

VOV.VN - The Ho Chi Minh City Institute for Development Studies (HIDS) outlined three scenarios for the southern city’s economic growth in the first quarter of the year at a meeting held on February 1 aimed at reviewing the situation and socio-economic performance in January, as well as proposing solutions for February.

VOV.VN - It remains imperative to devise solutions to effectively exploit new growth drivers such as promoting the digital economy, the green economy, the circular economy, and innovation, whilst also creating jobs and livelihoods for people, along with dealing with production chain breaks and engaging in more deeply in the global supply chain.

High demand during the Tet shopping season has prompted commercial banks to introduce credit offers worth hundreds of billions VND for consumers, said industry experts and insiders.