Thu, 27 Feb 2025
Vietnamese commercial banks optimistic about profit targets

HANOI, Feb. 27 (Xinhua) -- Vietnamese commercial banks are optimistic about their 2025 profit targets thanks to anticipated robust economic growth and a resurgence in credit activity, Viet Nam News reported Thursday.

Many banks expect increases of 20 percent to 30 percent, said the report.

Experts predict that the banking sector's profits could increase by 10-20 percent in 2025, driven by economic recovery, including infrastructure, property and individual consumption advancements.

A recent survey by the Department of Forecasting, Statistics and Monetary and Financial Stabilization under the State Bank of Vietnam reported that over 85 percent of credit institutions expect positive profit growth in 2025.

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