Foreign Currency Loans in HCMC, Dong Nai Surge 43%, Raising Real Estate Debt Concerns
Foreign currency loans in Ho Chi Minh City and Dong Nai province have increased by 43% year-on-year. Concerns are rising over ballooning debt, particularly among real estate developers, prompting vigilance from Vietnamese authorities regarding escalating financial risks. While supporting economic growth, the potential for currency fluctuation risks to materialize is being highlighted.
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