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.
