HANOI, Feb. 11 (Xinhua) -- The credit conditions for Vietnam will probably stabilize in 2025 after improving substantially over the past year, Vietnam News cited the rating agency VIS Rating as saying on Tuesday.
The agency believes business conditions in Vietnam will improve gradually in 2025, supported by improvements in public spending and real estate market sentiment.
"We expect retail sales to improve 10-12 percent year-on-year in 2025 as public wages increase and business and employment incomes stabilize. Improving business and consumer confidence will drive robust credit demand," said VIS Rating's report.
VIS Rating also expects financing conditions to remain stable this year. The banking sector has stable funding and liquidity to support new lending to domestic businesses and individuals. ■
