Việt Nam’s move to tighten oversight of real estate lending is aimed at managing risks rather than restricting credit, officials and industry executives said, as authorities seek to balance financial stability with growth.
Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Viet Nam (SBV)''s policy on controlling credit growth in risky areas.
State Bank of Viet Nam (SBV) has asked credit institutions to limit their lending to the real estate and construction sectors to better control bad debts.
