Vietnam's central bank targets 16 pct credit growth in 2025

HANOI, Jan. 2 (Xinhua) -- The State Bank of Vietnam has set a credit growth target for the banking system at 16 percent for 2025, higher than the 15 percent target for 2024, the Voice of Vietnam (VOV) reported Thursday.

This goal reflects the central bank's proactive approach in adjusting targets to meet the economy's capital needs, without requiring banks to submit formal requests, said the report.

Comme