Vietnam's June credit growth accelerates to 4.45%, aligning with a possible 15% yearly target.

Vietnam's credit growth accelerated in June, reaching a growth rate of 4.45% as of June 24, according to the General Statistics Office. Credit growth tends to increase faster in the second half of the year, and if maintained, could result in the 15% growth target for the full year being met. The low credit growth rate in the first half of the year is not concerning, as it aligns with the economy's recovery.

July 05, 2024
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