The State Bank of Vietnam’s Region 14 branch, together with the Can Tho City People’s Committee, held a conference on implementing the city’s 2025 credit-growth plan, focusing on measures to raise outstanding loans in line with the targets set for the area. A review of banking activity in Can Tho for the first eight months of 2025 noted that, as of 31 July 2025, credit had grown but remained below the national average, prompting calls for more coordinated and decisive actions to support the city’s socio-economic objectives, including a 10% GRDP growth target. Credit institutions operating in the area shared end-year disbursement roadmaps and committed to meeting or exceeding credit targets assigned by their head offices. City departments proposed acting as a bridge to connect banks with firms in sectors including exports, agricultural processing and energy to address obstacles in accessing credit, while bank head offices signalled support through funding and related policies. The Can Tho City Vice Chairman tasked the State Bank of Vietnam’s local branch with advising the city on monetary and credit measures, leveraging inter-agency coordination to unlock lending potential in areas such as services and the agricultural and rural economy, and monitoring and steering local credit growth, including by aligning lending with key local projects.
State Bank of Vietnam 2025-08-28
State Bank of Vietnam Region 14 branch convenes Can Tho credit-growth conference to accelerate 2025 lending
The State Bank of Vietnam's Region 14 branch and the Can Tho City People’s Committee held a conference to implement the city's 2025 credit-growth plan, aiming to boost outstanding loans to meet regional targets. Despite credit growth, it remains below the national average, prompting calls for coordinated actions to support socio-economic goals, including a 10% Gross Regional Domestic Product growth target. Credit institutions committed to meeting year-end targets, while city departments and bank head offices pledged support through funding and policies to enhance credit access.