The VND270 trillion ($11.5 billion) in bonds approaching maturity combined with the impact of shrinking credit lines are creating a great deal of concern at banks. The State Bank of Vietnam has also said that bad real estate debts are showing signs of increasing rapidly, reaching more than VND36 trillion ($1.5 billion) as of June 30, up 5 per cent compared to the end of 2021.

Some VND233.67 trillion ($10.16 billion) came from the State budget in the first seven months of 2021 to pay government debt, of which domestic debt was about VND198.9 trillion ($8.66 billion) and foreign debt about VND34.77 trillion ($1.51 billion).