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Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion. ....
Credit growth throughout the banking sector in the first quarter remained low at 0.26 per cent, but many banks still reported significant profits. ....
Last year, retail sales of consumer goods and services were estimated to have increased by 9.6 per cent on-year in Vietnam, 7.1 per cent if excluding the price factor. This is around half of the 2022 figures. ....