Funding the new growth cycle

Pham Van Thinh, Country Managing Partner at Deloitte Vietnam Vietnam is capable of diversifying its funding sources. Building a multi-tier capital ecosystem to support its annual growth target through 2030. Vietnam is entering a new phase of development, with a target of average annual GDP growth of at least 10 per cent from 2026 to 2030.

Pham Van Thinh, Country Managing Partner at Deloitte Vietnam Vietnam is capable of diversifying its funding sources. For travelers, the practical note is how Funding cycle fits into a realistic Vietnam day.

Planning a trip around Funding cycle? V-International Business Consultancy Services can help shape a practical Vietnam itinerary.

Funding Cycle in Practice

Supporting this target is estimated to require total investment of around VND38,500 trillion ($1.48 trillion). The banking system currently remains the dominant channel for financing the economy. Vietnam’s credit-to-GDP ratio stood at around 145 per cent in 2025. A similar situation is found across the Asia-Pacific region.

How to Place Funding Cycle in Your Route

Key figures include $1.48 trillion, $54 trillion, VND38,500 trillion. These numbers show how Funding cycle is unfolding in practice.

Useful reference points: $1.48 trillion, $54 trillion, VND38,500 trillion. Keep these in mind while you plan around funding cycle.

What to Expect on the Ground

According to analysis by Deloitte Access Economics, bank credit across 13 major economies in the region is equivalent to an average of 122 per cent of GDP. Or around $54 trillion. However, banks cannot meet the full demand for long-term capital required by Vietnam’s investment priorities in the new growth cycle. Over the longer term, Vietnam’s financial market still has significant room for development.

For deeper insights, explore our related coverage: HCM City to announce 12 investment projects worth over $13bln at Autumn Economic Forum and Da Nang promotes e-commerce and digital payments to drive economic growth.

Planning Notes

The country’s financial market remains considerably less developed than those of other economies in the region in terms of market depth. Access to capital, and operational efficiency. However, the value added of Vietnam’s financial services sector is forecast to achieve a compound annual growth rate (CAGR) of 9.1 per cent between 2024. 2035 under a high-growth scenario, placing Vietnam among the region’s high-growth economies.

Nearby Ideas

The objective, therefore, is not to reduce the role of banks, but to build a multi-tier capital ecosystem that facilitates. Accelerates the development of other funding channels, allocating capital according to maturity, risk, and investment objectives. Fundamentally, this multi-tier capital ecosystem consists of three main layers. First is foundational capital from banks.

Conclusion

Funding Cycle is a useful stop when you want quiet roads and time to look around. Keep the day flexible, and leave space for weather and slow meals.

For more information, visit Vietnam Government Portal.

Source: https://en.vneconomy.vn/funding-the-new-growth-cycle.htm