Speaking at a conference on real estate credit on February 8, State Bank of Vietnam (SBV) Governor Nguyen Thi Hong warned about lending to back-door enterprises.
Many enterprises complain that they cannot access the 2 percent interest rate subsidy package, and banks are not keen on the program because of complicated procedures.
Monetary and fiscal policies have been tightened to fight inflation in Vietnam (though it is among the lowest in the world), instead of aiming to recover production and boost growth, which is needed after several years of pandemic.