Over VND1.2 quadrillion in loans disbursed

(ĐN)- According to the State Bank of Vietnam, total outstanding loans across five southeastern provinces (Dong Nai, Binh Duong, Ba Ria–Vung Tau, Binh Phuoc, and Tay Ninh) reached over VND 1.2 quadrillion by the end of May, marking a 3.6% increase since the beginning of the year.

Accordingly, short-term loans accounted for approximately VND 762.4 trillion, up 3.8%, while medium- and long-term loans reached VND 458.4 trillion, a 3.2% rise.

Authorities have directed credit institutions to prioritize lending toward production, key economic sectors, and government-designated growth drivers. At the same time, lending to high-risk sectors is being strictly monitored to ensure safe, effective credit operations and facilitate business and individual access to capital.

Reported by H.Hai