Vietnam government to probe central bank’s credit management

State Bank of Vietnam, Hanoi
State Bank of Vietnam, Hanoi

The Vietnamese government has ordered an investigation into the central bank’s management of credit growth, saying it was growing too slowly.

Deputy prime minister Le Minh Khai ordered the Government Inspectorate to examine the central bank’s management of credit growth in 2022 and 2023, according to media reports. The inspectorate will report its findings in January next year.

In January, the State Bank of Vietnam (SBV) set this year’s credit growth target for all credit institutions at 14–15

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