Credit growth hits 8-year high
VTV.vn - According to the State Bank of Vietnam, the first 5 months of 2017 have seen total credit growth in Vietnam increase to 6.5%, the highest in 8 years.
Credit growth in Ho Chi Minh City alone was recorded at 8%. The State Bank of Vietnam said growth has contributed significantly to growth in domestic production and business. Lending went to priority sectors during the period, including agriculture, exports, support industries, small and medium-sized enterprises, and hi-tech businesses.
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