Tag: Houses in alleys

The rise in non-performing loan ratios for banks in Q1 2025 can be attributed to a multitude of factors, including the lingering effects of the COVID-19 pandemic, natural disasters, the conclusion of Circular 02, and a lack of uniformity in secured debt management systems.

"The Deputy Prime Minister highlighted the ongoing instability in the real estate market, underscoring how research reveals that the rate of increase in property prices in Vietnam is among the highest globally. This concerning trend is coupled with a decreasing affordability of housing for citizens. This alarming situation warrants immediate attention and strategic interventions."

According to analysts, deposit interest rates have continued their downward trend, albeit at a slower pace. It is predicted that input interest rates will gradually increase towards the end of the year, with expectations of positive economic growth and credit growth reaching or even surpassing the set target of 16%.