Fitch analysts were upbeat about continued strong economic growth in Vietnam, which makes near-term stress unlikely and underpins their stable outlook for the banking sector.

Banks could consider restructure debt payment period or lower interest rates for enterprises and individual customers facing difficulties from the epidemic.

The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy.

Restructuring debt maturities would be considered upon requests from customers and assessment from the banks regarding borrowers’ financial capabilities and their losses.

Over 93% of enterprises in Vietnam would benefit from such a prolongation.