Vietnam’s central bank is steadily expanding monetary policy flexibility to support credit growth. But as investment demand surges, one question looms: how long can banks remain the economy’s primary source of long-term capital?

Vietnam's foreign exchange reserves have declined from a record USD111.8 billion in early 2022 to nearly USD87.6 billion, as the central bank proposes new rules to strengthen reserve management.

In the early months of 2026, lowering interest rates is becoming one of the biggest policy priorities of the economy.