Vietnam 2024 credit growth estimated at 12%, bad debt under control: brokerage

Vietnam 2024 credit growth estimated at 12%, bad debt under control: brokerage

Credit growth of Vietnam’s banking system in 2024 is likely to remain the same as this year at around 12%, analysts with Vietcombank Securities (VCBS) said in a new report.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index forecast to hit 1,300 points next year: broker VCBS

VN-Index forecast to hit 1,300 points next year: broker VCBS

Vietnam’s benchmark VN-Index is forecast to reach 1,300 points in 2024 on the back of low deposit interest rates at commercial banks, says leading broker Vietcombank Securities (VCBS).

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank to continue withdrawing excess cash as dong devaluates 4.4% year to date

Vietnam central bank to continue withdrawing excess cash as dong devaluates 4.4% year to date

The State Bank of Vietnam (SBV), the country’s central bank, will continue to issue treasury bills until the year-end to keep interbank interest rates on VND-denominated loans and the dong devaluation in permissible zones, analysts have said.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

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