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Vietnam’s central bank reports 2 percent credit growth as of mid-April

HANOI, April 17 (Xinhua) — The total lending of Vietnamese banks have expanded more than 2 percent this year from the end of last year, about half of the growth of 5.04 percent in the same period a year ago, the national television broadcaster VTV reported on Monday.

Despite the central bank’s move to cut policy interest rates twice last month, the growth in banks’ total lending this year has yet to reach a fif