Credit demand in Vietnam is expected to stay low in the foreseeable future as the Covid-19 pandemic continues to be complicated globally, said a central banker.

A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.

Amid concerns about the negative impact of the US-China trade war on Vietnam, a recently released report by Harris Interactive shows optimistic prospects.

While multinational conglomerates and large foreign investment funds are looking for opportunities to invest in large companies, other foreign investors are eyeing small and medium enterprises (SMEs).

VietNamNet Bridge – The Government has proposed the National Assembly raise the 2013-14 budget deficits to 5.3% of GDP to meet development investment requirements and pay debts.