Nguyen Thi Hong, the governor of Vietnam’s central bank, announced in parliament on Thursday that Vietnam has room to increase borrowing from foreign lenders when necessary to support economic growth. She emphasized the need for investment financing to accelerate infrastructure development, including new power stations, high-speed rail systems, airports, and highways. n nThe central bank may raise its credit growth target of 16% for this year if needed, as part of efforts to boost investments and achieve Vietnam’s ambitious economic growth target of at least 8% for 2025. Hong stated, “We can secure the necessary financing for investment while ensuring the sustainability of public and external debt.” n nHowever, she warned that continued reliance on domestic banking financing poses “significant risks,” noting that total loans from local banks reached 134% of GDP by the end of 2024. n n— new from CNN الاقتصادية
