Positive signs in credit investment during the "final push" phase.

In the first 11 months of 2025, positive results from capital mobilization, especially deposits from economic organizations and individuals, created favorable conditions for credit growth in the province. The State Bank of Vietnam Region 7 (SBV Region 7) has implemented comprehensive and effective mechanisms, policies, and solutions related to state management of monetary, credit, and banking activities; requiring credit institutions in the area to maintain stable deposit interest rates and reduce costs to further lower lending interest rates, supporting people and businesses in developing production and business.

Báo Thanh Hóa•16/12/2025

Positive signs in credit investment during the

Song Viet Thanh Hoa Joint Stock Company has successfully borrowed capital from banks to expand its production and business operations.

Song Viet Thanh Hoa Joint Stock Company, operating in the processing and export of fish cakes and fishmeal products, has recently received additional funding from the bank. This provides the company with the resources to accelerate the import of raw materials and fulfill signed contracts with partners in the final stages of the process. Although interest rates have slightly increased recently, they remain generally lower than in previous years. This has enabled the company to confidently access credit for production investment, market expansion, and securing new orders, creating stable employment for hundreds of workers.

Mr. Pham Van Nam, Director of Vietinbank - Thanh Hoa Branch, stated: “The economic outlook for Thanh Hoa province in 2025 is quite positive, with indicators of industrial production, trade and services showing consistent growth, and tourism recovering strongly. Along with this are positive results in attracting investment and developing businesses... These 'impetus' create a foundation for the banking sector in Thanh Hoa in general and Vietinbank - Thanh Hoa Branch in particular to confidently inject capital into the economy. Currently, the bank is continuing to promote its lending strategy focusing on priority sectors and private economic development. Simultaneously, the bank is also strictly implementing appraisal and monitoring of capital flows and guiding customers towards the right goals. Therefore, the quality of the bank's outstanding loans is always ensured and stable. In the context of a volatile economy, maintaining a low non-performing loan ratio helps Vietinbank Thanh Hoa ensure its financial health and create room for growth in the new year.”

Positive signs in credit investment during the

Customers conducting transactions at Vietcombank Bac Thanh Hoa branch.

As of early December 2025, the total mobilized capital of credit institutions in the province reached VND 213,010 billion, an increase of 14.27% compared to the beginning of the year; total outstanding loans reached VND 248,050 billion, an increase of 11.66% compared to the beginning of the year. This is a significant growth rate, reflecting better capital absorption capacity and the need for expansion of production and business by local enterprises. In the final month of the year, the banking system is boosting lending, directing credit growth in the right direction, thereby creating momentum for economic development in the new year 2026. Credit institutions in the area have focused on increasing credit to production and business sectors, priority sectors as directed by the Government and the State Bank of Vietnam such as: agriculture, rural areas, processing industries, green transformation, digital transformation... At the same time, credit packages to support people in overcoming the impact of natural disasters and expanding production have also been strongly activated. In particular, to promote the key role of the private economic sector, especially small and medium-sized enterprises (SMEs) in promoting growth, creating jobs and spreading innovation, in accordance with Resolution 68-NQ/TW on the development of the private economy, credit institutions in the area have boosted lending to SMEs, reaching outstanding loans of nearly VND 36,204 billion, accounting for 26.15% of total outstanding loans.

Currently, the State Bank of Vietnam's Region 7 is focusing on directing credit institutions in the area to accelerate the implementation of solutions to increase credit growth safely and effectively, promptly meeting the credit capital needs of the economy. This is especially important for the capital needs serving production, business, and consumption during the 2026 Lunar New Year. At the same time, it is aggressively implementing measures to reduce operating costs, strengthen the application of information technology, digital transformation, simplify processes and procedures, and other measures to strive to reduce lending interest rates, support people and businesses in accessing bank credit, and promote production and business; and strictly comply with the disclosure of information on lending interest rates and preferential interest rate credit programs. In addition, it is necessary to promote the development of the operational network in rural, remote and disadvantaged areas, promote the application of science and technology, digital transformation, and develop diverse consumer loan products in line with the orientation and objectives of the National Comprehensive Financial Strategy, contributing to curbing illegal lending...

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