{
  "id": 12769327,
  "title": "Supporting industry loans in Ho Chi Minh City hit VND109 trillion",
  "url": "https://urgent.news/2026/10/08/supporting-industry-loans-in-ho-chi-minh-city-hit-vnd109-trillion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T02:48:07.000Z",
  "source": {
    "name": "SGGP English Edition Business",
    "slug": "sggp-english-edition-business",
    "url": "https://en.sggp.org.vn/supporting-industry-loans-in-ho-chi-minh-city-hit-vnd109-trillion-post130160.html"
  },
  "original_language": "en",
  "account": "By the end of September 2026, outstanding loans to HCMC's supporting industries had reached VND109 trillion (US$4.2 billion), according to a report from the State Bank of Vietnam Region 2 Branch. This represented a significant increase in credit focus towards production, exports, and other vital growth sectors. The total outstanding credit in Ho Chi Minh City stood at an estimated VND5.8 quadrillion by the end of the same period, marking an 11.4 percent increase from the end of 2025 and an 18.7 percent rise year on year, as reported by Nguyen Duc Lenh on October 7. Disbursements remained concentrated on production, business sectors, and growth drivers. Outstanding loans for small and medium-sized enterprises amounted to VND1.3 quadrillion, constituting approximately 22.4 percent of the city's total outstanding credit. Export loans totaled VND301 trillion, while supporting industry loans reached VND109 trillion. The banking sector in Ho Chi Minh City persists in utilizing policy and preferential credit programs to aid businesses, household enterprises, and cooperatives. The forestry and fisheries credit package saw disbursements of VND54.8 trillion across 15,534 borrowers, while the bank and enterprise connection program disbursed a total of VND416 trillion to 142,589 borrowers.",
  "summary": "Outstanding loans to HCMC’s supporting industries reached VND109 trillion (US$4.2 billion) by the end of September 2026, as banks continued directing credit toward production, exports, and other key growth sectors.",
  "key_points": [
    "Outstanding loans to HCMC's supporting industries reached VND109 trillion by end of September 2026.",
    "Total outstanding credit in Ho Chi Minh City increased 11.4% to VND5.8 quadrillion by end of 2026.",
    "Export loans totaled VND301 trillion, supporting industry loans reached VND109 trillion."
  ],
  "editors_take": "The surge in supporting industry loans in Ho Chi Minh City indicates a significant shift in credit focus towards production, exports, and growth sectors, favouring key economic drivers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}