Vietnam Real Estate Credit Soars to $109 Billion in 2022
Vietnam's real estate sector saw a surge in credit in 2022, with outstanding loans reaching 2.58 million billion VND, equivalent to $109 billion, up 24.27% from the end of 2021.
Vietnam's real estate sector saw a surge in credit in 2022, with outstanding loans reaching 2.58 million billion VND, equivalent to $109 billion, up 24.27% from the end of 2021.
Some banks have temporarily stopped providing loans to the real estate sector in the short term thanks to State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
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