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VCSC Daily - Markets up slightly thanks to SBV easing credit

Vietnamese equities generally react positively to news of easing monetary policies; today was not an exception (though with some delay as the news had come out yesterday). In addition to the easing classification of loans to real estate we talked about yesterday, the SBV announced it would allow credit growth to exceed 20% as long as those loan facilities were to priority production sectors. The priority sectors include agriculture, export, support industries and working capital loans for small