Vietnam State Bank Warns of Liquidity Shortages, Tariff Pressure

Vietnam’s central bank warned some lenders are facing liquidity shortages after bank loans jumped a fifth in 2025, adding that external factors will further complicate the government’s economic targets.

The State Bank will continue pursuing flexible monetary policies to boost lending and support businesses, but in a cautious manner as “credit growth this year is already very high with most loans relying on short-term funding,” Pham Chi Quang, the central bank’s head of monetary policy, said at a briefing in Hanoi.