Mr. Nguyen Duc Lenh – Deputy Director of the State Bank of Vietnam (SBV) Branch in Region 2 outlined several specific solutions for credit institutions (CIs) operating in Ho Chi Minh City and Dong Nai Province.
First, continue to meet the capital needs of import-export businesses effectively, aligning with their requirements and borrowing conditions. This includes providing loans in VND or foreign currencies to support year-end production and export activities, ensuring the completion of annual plans. In Ho Chi Minh City and Dong Nai Province, the outstanding foreign currency loans for the first 10 months (estimated data) reached over 252 trillion VND, accounting for approximately 4.6% of the total credit balance in the region.
During this process, maintain the short-term credit policy for loans in VND with an interest rate not exceeding 4% per annum for five key sectors, including the export sector. This facilitates businesses in accessing capital at reasonable costs, enhancing their competitiveness, expansion, and growth. By the end of October 2025 (estimated data), the total outstanding loans to export businesses in Ho Chi Minh City and Dong Nai reached 162 trillion VND, representing about 3% of the total credit balance in the region.
Second, continue to provide the best banking services for import-export businesses, particularly in payment processing, money transfers, guarantees, and trade financing. This not only supports businesses in their domestic and international production, purchasing, and payment activities but also enhances capital efficiency through swift, timely, secure, and effective capital circulation.
Third, effectively implement monetary policies, interest rates, exchange rates, and foreign exchange operations. Simultaneously, continue administrative reforms focused on improving service quality, customer service, and transaction processes to create a favorable business and investment environment. This aims to stabilize the macroeconomy and meet the legitimate foreign currency needs of businesses, supporting their import-export activities and external economic growth.
According to Mr. Lenh, CIs should prioritize the implementation of these measures, including strengthening connectivity and support for businesses in industrial and export processing zones. Additionally, disbursing preferential credit packages, such as those for forestry and fishery products, and processing industries, will create a growth momentum by leveraging supply chain efficiency and production linkages in consumption and export.
– 08:39 10/11/2025
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