HCM City businesses posted solid first-quarter results but face rising costs, tight credit and slowing demand, prompting HUBA to call for lower lending rates, stable logistics costs and transport support.
In the context of lingering uncertainties in the financial market, credit in HCM City continued to expand in the first quarter of 2026, with total outstanding loans surpassing VNĐ5.28 quadrillion (US$211 billion).
The maximum credit exposure for a single borrower would not exceed 38 per cent of a bank’s owned capital, while lending to a borrower and related parties would be capped at 52 per cent of bank capital when financing large...
A draft circular proposes increasing the threshold to VNĐ400 million for loans issued by credit institutions and VNĐ200 million for those provided by people’s credit funds.
The State Bank of Viet Nam has released a draft circular regulating
consumer credit activities of financial companies to better manage
lending as well as benefit domestic consumers.
The Governor of the State Bank of Viet Nam (SBV)
issued Circular No 29/2013/TT-NHNN on lending in foreign currency by
credit institutions and foreign bank branches to resident borrowers on 6
December 2013.