Vietnam central bank predicts credit growth amid crypto adoption
The State Bank of Vietnam (SBV) has predicted a big jump in credit growth, a move that is expected to see liquidity into global crypto markets amid rising adoption in the region. According to reports, the country’s central bank foresees a credit growth of about 20% before the end of 2025.
Pham Thanh Ha, deputy governor of the central bank, mentioned on Friday that there needs to be more interest rate cuts to encourage economic growth and steer the country out of the uncertainty from the US-imposed tariffs, according to a report by Reuters. United States President Donald Trump introduced an array of tariffs on April 2, which affected the markets and divided observers. While the effect on the market has been limited, Vietnam…
