News Summary

• Vietnam reported GDP growth of 8.18 per cent in the first half of this year.
• Second-quarter growth would have to reach at least 11.9 per cent to meet the government's target.
• Fitch Ratings projects that system loans will grow by about 18% in 2026.
• Rapid credit growth has continued to outpace deposit growth, resulting in tightening liquidity and narrower net interest margins, it said.
• The country raised its target for infrastructure investment to 7 per cent of GDP last year to support its ambitious double digit economic growth targets.