Consumer credit grows positively in Ho Chi Minh City and Dong Nai

Consumer credit results in Ho Chi Minh City and Dong Nai province over the first 9 months of 2025 reflected a growth trend and had a positive impact on production, business, trade and services activities and economic growth.

From a management perspective, analyzing credit balances according to capital use purposes is important in helping to evaluate the effectiveness of credit activities and orient tasks and solutions, as well as effectively implementing the Central Bank's credit policy mechanism for socio-economic development. In particular, classifying and understanding the situation of consumer credit activities will not only serve management and administration to ensure effective credit growth and risk control, but also contribute significantly to supporting and promoting economic growth, promoting the consumption factor, as a driving force for economic growth.

The analysis and evaluation of the results of consumer credit activities in Ho Chi Minh City and Dong Nai province in the past time helps to identify and forecast the growth trend in the coming time. Along with that, it serves the management and expansion of consumer credit growth effectively.

Consumer credit growth in Ho Chi Minh City and Dong Nai

Statistics show that the total outstanding consumer credit balance in Ho Chi Minh City and Dong Nai province (actual data, as of September 2025) reached 1,481 trillion VND, accounting for 27.1% of the total outstanding credit balance, an increase of 8.65% compared to the end of 2024. In particular, the outstanding consumer credit balance in Ho Chi Minh City is the main one, accounting for 92.8% of the total outstanding consumer credit balance; Dong Nai accounts for 7.2% of the total outstanding consumer credit balance.

Analyzing by capital use purpose, credit loans for purchasing, leasing houses for residence; construction, repair of houses and transfer of land use rights for housing construction still account for the highest proportion of total outstanding credit. Specifically, by the end of September 2025, the total outstanding credit balance for this sector was VND 906.1 trillion, accounting for 61.2% of total outstanding consumer credit and increasing by 7% compared to the end of 2024.

The data also shows good growth in consumer credit such as purchasing household appliances and equipment and consumption and daily living expenses of individuals and households (2 areas with high outstanding loans, after loans for purchase, hire purchase, construction and repair of houses; these two areas account for 27% of total outstanding consumer credit). This reflects and records the positive impact on the production and trading of consumer goods, household appliances, essential goods and trade and service activities to serve people's daily life. Specifically, outstanding loans for purchasing household appliances and equipment are VND 251.8 trillion, accounting for 17% of total outstanding consumer credit and increasing by 27% compared to the end of 2024.

Consumer credit results in Ho Chi Minh City and Dong Nai province over the first 9 months of 2025 reflected a growth trend and had a positive impact on production, business, trade and services activities as well as economic growth.

It is worth mentioning that the expansion, innovation and application of technology in consumer credit activities, as well as the use of payment service utilities, will continue to be the driving force for consumer credit growth. With a huge market space and market share associated with the expansion of socio-economic space and geographical location, according to the innovation and arrangement of provinces and cities with the current 2-level local government model, consumer credit will continue to grow and be effective.

Source: https://thoibaonganhang.vn/tin-dung-tieu-dung-tang-truong-tich-cuc-tai-tp-ho-chi-minh-va-dong-nai-174654.html