The authorities has stated Vietnam is on monitor to attain this yr’s economic growth goal of greater than 8 per cent and plans to goal 10 per cent growth subsequent yr.
“Since the beginning of 2025, complicated and unpredictable developments of the global markets, such as the Fed’s [US Federal Reserve’s] unpredictable monetary policy and the tariff policy of the US government, have been affecting the economy, the foreign exchange market and exchange rates,” Quang was quoted by home media experiences as telling a current press convention.
Tariffs and financial insurance policies overseas will make it harder for Vietnam’s central financial institution to get its coverage settings proper and obtain an economic growth goal of greater than 10 per cent subsequent yr, Pham Chi Quang, head of financial institution’s financial coverage division, stated.
The complete excellent credit score to the Vietnamese economic system exceeded $670 billion as of December 24—up by 17.87 per cent YoY.
The complete excellent credit score to the Vietnamese economic system exceeded 18.4 quadrillion VND (~$670 billion) as of December 24, 2025—up by 17.87 per cent yr on yr (YoY), the State Bank of Vietnam’s (SBV) deputy governor Pham Thanh Ha introduced.
From the start of the yr, the central financial institution set an preliminary credit score growth goal of round 16 per cent for the banking system, whereas permitting for changes in line with precise economic circumstances.
Credit flows had been directed towards manufacturing and enterprise actions, precedence sectors and key growth drivers in line with directives from the federal government.
By the top of October 2025, excellent loans to the manufacturing and processing trade made up 12.39 per cent of complete credit score, whereas wholesale and retail commerce remained the most important recipient of credit score, accounting for 22.24 per cent of complete excellent loans.
Fibre2Fashion News Desk (DS)