Concentrated capital flows, bad debts are controlled
According to Mr. Tran Quoc Ha - Acting Director of the State Bank of Vietnam (SBV) Branch of Region 14 - in Can Tho City, there are currently 105 credit institutions (CIs). Since the beginning of the year, the State Bank of Vietnam in Region 14 has directed credit institutions to focus capital on production and business, especially in the fields of agriculture, rice, and seafood; at the same time, reduce lending interest rates, creating conditions to support businesses and people to overcome difficulties to recover and develop production and business activities.
As of July 31, 2025, the total mobilized capital in Can Tho City reached VND 212,577 billion, an increase of 1.58% over the beginning of the year, meeting nearly 70% of credit needs. Total outstanding loans reached VND 305,777 billion, up 5.92%. It is expected that by the end of August, outstanding loans will reach VND 311,795 billion, up 8%. The problem of bad debt is also being effectively controlled. By the end of July, bad debt was at 2.87%, expected to decrease to 2.78% by the end of August
A representative of Agribank Hau Giang Branch said that the total outstanding loans as of August 26, 2025 reached VND18,173 billion, an increase of VND1,929 billion (equivalent to 11.9% compared to the beginning of the year), completing 95.4% of the annual plan. The bad debt ratio remains below 1%. This bank affirmed its leading role in supporting rural economic development when it allocated up to VND14,415 billion for agricultural and rural loans, accounting for nearly 80% of total outstanding loans.
Meanwhile, a representative of VietinBank Tay Can Tho Branch said that the credit structure has grown strongly in the fields of production, business and agriculture. The rate of bad debt in the group is only at a very low level of 0.5% (45 billion VND).
Similarly, SHB Bank, Soc Trang branch, currently has outstanding loans of VND 11,667 billion, outstanding growth from the beginning of the year to date is VND 2,240 billion, up to now, it has reached and exceeded the annual plan.
Directing capital flows into development drivers
Can Tho City identifies credit growth as an important driving force to promote GRDP. Since the merger of administrative boundaries and the implementation of the 2-level government model, the leaders of the City People's Committee have worked with the banking sector and credit institutions twice. At the working session on August 28 with the State Bank of Vietnam, Branch of Region 14, Vice Chairman of the People's Committee of Vuong Quoc Nam City said that the city set a GRDP growth target of over 10% in 2025, in which credit plays a key role.
Mr. Nam suggested that the State Bank of Vietnam, Region 14, implement breakthrough solutions, strive to achieve a credit growth rate of about 16%, contributing to promoting the socio-economic development of the city. The banking industry also needs to closely coordinate with departments and branches to remove difficulties, unblock capital flows for production and business, prioritizing the fields of agriculture, processing industry and supporting industry.
Credit institutions in the area are recommended to proactively take advantage of the recovery opportunities of the processing, service and export industries; boldly expand lending to businesses with reasonable capital needs, while strictly controlling credit in risk areas, ensuring safe and sustainable operations.
To achieve this goal, a representative of Agribank Hau Giang Branch said that despite facing increased group 2 debt and pressure to balance capital sources, the unit is committed to closely coordinating with the banking sector in the city to complete the credit growth target for 2025. In particular, focusing on green growth and sustainable development, especially in the "third- crop" sector.
A representative of SHB Bank, Soc Trang branch, said that up to now, the outstanding loan growth plan for 2025 has been exceeded but the commitment is still increased by 600 billion VND from now until the end of the year. Currently, the bad debt ratio is 4.1%, the unit is determined to implement measures to reduce to 3% by the end of the year.
VietinBank Banking West Can Tho Branch also committed to achieving a minimum growth rate of 17% in 2025 and striving for 20% in 2026.
SBV Branch 14 said it will continue to orient credit capital flows into production, business, priority sectors and growth drivers of the economy. The banking industry will also promote digital transformation and develop cashless payments. Strengthen inspection and supervision to promptly handle bad debts, ensuring the credit system operates safely.
