Tuesday, 02 January 2024 12:17 GMT

Vietnam's praise development up 6.09 percent in 9 months


(MENAFN) The State Bank of Vietnam (SBV) stated that the entire loans of Vietnam's banking system in the first nine months of this year enlarged 6.09 percent in opposition to the finish of 2019.

On Tuesday October 6 the rise was much lower than that of the same phase last year, which placed at 9.4 percent; local Tap chi Tai Chinh (Finance Magazine) beneath the Vietnamese Ministry of Finance cited the central bank's figures as accounting.

The account stated that the credit enlargement of the economy has increasingly improved since July, arriving at 4.03 percent as of July, and 4.75 percent as of August, the credit development for the first two quarters of this year was merely 2.8 percent.

The account stated that concerning the credit structure, the exceptional loans of the trade and services sector accounted for the major amount at 63 percent, chased by the industry and production sector with 28.75 percent.

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