SUMMARY
 
In Q2/2022, O/N interest rates fluctuated strongly in an upward direction closely following the SBV's net pumping in the OMO market. While deposit interest rates have also been adjusted by commercial banks many times from the beginning of the year until now.
 
Especially from the first half of July, the exchange rate also continued to increase strongly following the strong trend of the USD in the international market. The exchange rate on the free market is sometimes above 24,000 VND.
 
System-wide credit continued to increase rapidly in Q2, but has slowed somewhat since the beginning of June until now in the context that most commercial banks have "run out of room" for credit, and the State Bank has not yet assigned a new limit.
 
TABLE OF CONTENTS
 
A. MACROECONOMIC OVERVIEW Q2 & 1H/2022
     GDP growth
     Consumer Price Index (CPI)
     Index of Industrial Production (IIP)
     FDI attraction
     Export turnover growth
     Balance of trade
     Growth in total retail sales of goods and services
     Goods retail growth
 
B. INDUSTRY OVERVIEW
      Credit system overview
Credit growth
Net pumping (withdrawing) money of the State Bank on OMO
USD/VND exchange rate movements
Movement of interbank interest rates
Loan balance structure of the whole system 1H/2022
Structure of outstanding loans for the real estate sector
 
     Bond market overview
Movement of government bond yields
Value issuance of government bonds 8M/2018 - 8M/2022
Total value of corporate bond issuance by month (Jan - Aug/2022)
Value of corporate bonds redeemed before maturity by month (Jan - Aug/2022)
Structure of corporate bond issuance 8M/2022
 
     Insurance market overview
Total premium revenue of the entire insurance industry
Total life insurance premium revenue 
Total non-life insurance premium revenue
Structure revenue of life insurance premiums 
New mining contract fee revenue market share 1H/2022
Revenue from new insurance policy premiums of some banks 7M/2022
 
     Total Q2 business results of 30 commercial banks
Preliminary business targets
Table to evaluate business performance of commercial banks according to a number of criteria
 
C. CREDIT ACTIVITIES
     Market share and growth of customer loans
     Size and growth of corporate bond portfolio
     General credit growth (loans to customers & corporate bonds)
     Market share of personal loans
     Credit quality
 
D. DEPOSIT MOBILIZATION ACTIVITIES 
     Size and growth of customer deposits
     Movement of deposit structure by term
     Demand deposit attraction market share and CASA rate
 
E. MOBILIZING & LENDING ON THE INTERBANK
     Lending scale and deposit mobilization on the interbank
     Scale and growth of bond portfolios of credit institutions
 
F. PROFIT AND OPERATION EFFICIENCY
     Scale and growth of profit after tax
     Operating profit structure
     NIM
     CIR
     Contingency cost in the period