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State Bank of Vietnam lowers credit growth target

Central bank says lenders should ‘strictly control’ loans to risky sectors

State Bank of Vietnam, Hanoi
The State Bank of Vietnam

Vietnam’s central bank has set its credit growth target at 15% for 2026 and asked banks to rein in lending to risky sectors.

The State Bank of Vietnam (SBV) said on January 10 that setting credit growth at this level – a one percentage point reduction on its reported target for 2025 – would ensure controlled inflation, macroeconomic stability and support for economic growth, according to a translation of the release published by a Vietnamese government agency. The SBV said it had distributed

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