Businesses in Ho Chi Minh City, Dong Nai and Tay Ninh raised concerns about difficult access to capital and high lending rates at a banking conference on Southeast region growth for 2026 - 2030. The chairman of Sáng Ban Mai said his firm earns a gross margin of 15 - 17% on contracts lasting 6 - 12 months, so loan rates above 10% a year leave no profit. Baseafood, with annual exports of about USD 60 million, still lacks a land-use certificate eight years after investing in three factories, and Vietcombank has provided loans covering 50% of its capital needs. A Huba representative said real estate collateral has lost much value and loan procedures take too long. The State Bank of Vietnam reported total credit of over 20.7 million billion VND by end-September 2026, up 11.7% from end-2025.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Lãi suất vay ngân hàng hơn 10%/năm, doanh nghiệp khó làm ăn có lãi
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interest ratescreditbanksbusinessesVietnam
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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