Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VND21.07 quadrillion, an increase of 4.97% compared to the end of 2023, the State Bank of Vietnam (SBV)’s latest data show.
In the context of the low capital absorption rate of businesses and the entire economy, the transformation of the real estate market in recent months and the growth of real estate credit have boosted credit growth in Ho Chi Minh City.
