HomeNewsBusinessHo Chi Minh City...

Ho Chi Minh City Credit Reaches VND6.392 Quadrillion by August 2026

By Africazine

Ho Chi Minh City and Dong Nai city are driving significant credit growth in Vietnam.

By the end of August 2026, total outstanding credit in these regions reached approximately VND6.392 quadrillion (2 billion), marking a 10.08% increase from the end of 2025. This growth reflects a month-on-month rise of 1% in August, highlighting the ongoing lending activity in these southern cities.

Ho Chi Minh City Leads Credit Growth in Vietnam

The State Bank of Vietnam’s Region 2 branch reported that Ho Chi Minh City and Dong Nai city together accounted for approximately 30.4% of the total outstanding credit nationwide. This underscores their vital role in the country’s banking and economic landscape. The focus of this credit has primarily been on production and business activities, which are essential for economic development.

Banks in these regions have actively supported enterprises, implementing various credit programs initiated by the Government and the State Bank of Vietnam. This collaboration aims to enhance lending and stimulate economic activities, particularly in the production sector.

Key Figures on Credit in Ho Chi Minh City

  • VND6.392 quadrillion (2 billion)
  • 10.08% increase from the end of 2025
  • 1% month-on-month increase in August
  • 30.4% of total outstanding credit nationwide
  • 10.24% increase in nationwide outstanding credit during the first eight months of 2026

Future Outlook for Lending in Southern Vietnam

  • Continued focus on production and business activities.
  • Implementation of more credit programs by banks.
  • Monitoring of credit growth trends in the upcoming months.

Ho Chi Minh City and Dong Nai city are pivotal in shaping Vietnam’s credit landscape.

Ho Chi Minh City Credit Reaches VND6.392 Quadrillion by August 2026

- A word from our sponsors -

Most Popular

Previous article
UN Secretary-General Commends Sierra Leone’s President for Leadership and Unity
Next article
New Olympiad Educentre Annex Opens in Adjiringanor, Accra for Student Development

More from Author

Ghana

Ghana’s Oil and Gas Sector Sees Significant Regulatory and Production Developments

Ghana's petroleum industry, established with the Ghana National Petroleum Corporation in 1983, has become a significant player in West Africa, with production from key fields like Jubilee, TEN, and Sankofa, and is projected to maintain output near 74,000 kbpd in 2026.
Africazine -
Sports

United States Athletics Hall of Fame Celebrates Its Foundational Classes and Looks Ahead to First Physical Location in 2027

PRWire

Led by co-founders Kirk Buchner and Evan Nolan, USAHOF brings American sporting legacies together as it expands its national presence...

PRWire Press release Distribution Service.

Africazine -
Kenya

Warm Family Meeting Captured After Wedding of Isaya Yunge and Charlene Ruto

Charlene Ruto, daughter of Kenyan President William Ruto, received a warm welcome from her new family in Mwanza, Tanzania, following her wedding to Isaya Yunge, as captured in a viral video showcasing family bonding and cultural ties between the two nations.
Africazine -
Togo

Port of Lomé Expands Capacity with New Tugboat Addition

The Port of Lomé in Togo has enhanced its maritime capabilities with a new tugboat that generates 80 tons of bollard pull, improving its ability to assist larger vessels and strengthen its competitiveness in West Africa. An official naming ceremony is planned for January 2027.
Africazine -

- A word from our sponsors -

spot_img

Read Now

Ghana’s Oil and Gas Sector Sees Significant Regulatory and Production Developments

Ghana's petroleum industry, established with the Ghana National Petroleum Corporation in 1983, has become a significant player in West Africa, with production from key fields like Jubilee, TEN, and Sankofa, and is projected to maintain output near 74,000 kbpd in 2026.

United States Athletics Hall of Fame Celebrates Its Foundational Classes and Looks Ahead to First Physical Location in 2027

PRWire

Led by co-founders Kirk Buchner and Evan Nolan, USAHOF brings American sporting legacies together as it expands its national presence...

PRWire Press release Distribution Service.

Warm Family Meeting Captured After Wedding of Isaya Yunge and Charlene Ruto

Charlene Ruto, daughter of Kenyan President William Ruto, received a warm welcome from her new family in Mwanza, Tanzania, following her wedding to Isaya Yunge, as captured in a viral video showcasing family bonding and cultural ties between the two nations.

Port of Lomé Expands Capacity with New Tugboat Addition

The Port of Lomé in Togo has enhanced its maritime capabilities with a new tugboat that generates 80 tons of bollard pull, improving its ability to assist larger vessels and strengthen its competitiveness in West Africa. An official naming ceremony is planned for January 2027.

Futureview Acquires Stake in Zichis Agro-Allied Industries Plc

FUTUREVIEW Asset Management Limited has acquired a 10.45 percent stake in Zichis Agro-Allied Industries Plc by purchasing 126.97 million ordinary shares, enhancing its influence in Nigeria's agricultural sector. The transaction was completed on November 3, 2026.

Transmission Company of Nigeria Restores Aba–Itu Transmission Line After Outage

The Transmission Company of Nigeria restored the Aba–Itu 132 kV transmission line on Nov. 8 after an outage that began on Nov. 7. This restoration allows the Port Harcourt Electricity Distribution Company to resume electricity distribution to Uyo, Eket, Ekim, and Itu.

Human Creativity Essential for Advertising Industry Amid AI Advancements

Dr. Olalekan Fadolapo of ARCON stated that while artificial intelligence will transform Nigeria's advertising industry, it cannot replace human creativity and strategic thinking. He emphasized the need for a regulatory framework to manage AI's ethical implications and enhance the industry's effectiveness.

Cultural Records of Jindo Folk Life Returned After Four Decades

Jindo County has received 324 records of folk songs and cultural practices, donated by British ethnomusicologist Keith Howard, marking a significant return of cultural heritage after over 40 years. The donation coincided with the '2026 International Conference on Jindo Studies' held from November 6 to 7.

Funke Akindele Strengthens Nollywood Success Through Strategic Collaborations

Nigerian filmmaker Funke Akindele has achieved remarkable success in Nollywood, with five films generating over ₦7.35 billion at the box office, including A Tribe Called Judah, which earned approximately ₦1.404 billion. Her upcoming film, The Four, aims for a target of ₦5 billion.

Agricultural Bank of Egypt Partners to Modernize Public Transportation in Sharqia

The Agricultural Bank of Egypt has partnered with Sharqia Governorate to modernize public transportation by offering financing for new minibuses, requiring a 25% down payment and allowing repayment over 84 months, aiming to improve safety and efficiency in local transport.

South Africa Faces Growing Challenge of Unclaimed Retirement Benefits

In South Africa, over R51 billion in unclaimed retirement benefits affects more than 4.3 million members, highlighting systemic issues in the retirement system. Proposed reforms aim to improve beneficiary tracing by 2027, emphasizing the need for accountability and financial security for individuals.

Ruwacon Opens Bursary Applications for South African Students in Construction Fields

Ruwacon is inviting South African students to apply for the Ruwacon Bursary Programme 2027, with applications closing on 20 November 2026. The bursary supports undergraduate and postgraduate studies in construction and engineering fields, offering financial aid and practical exposure to the industry.