Vietnam Central Bank predicts 20% credit growth with rising crypto adoption

Vietnam ranks fourth globally in crypto adoption according to Chainalysis, with significant contributions from its young population and favorable tech policies.

The central bank anticipates around 20% credit growth by 2025, aiming to stimulate the economy by reducing interest rates to address challenges from US tariffs.

In June 2025, Vietnam legalized cryptocurrencies, although it restricts issuing fiat-backed digital assets. The government aims to establish a dominant presence in the crypto sector.

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