Vietnam's central bank has flagged a structural credit crisis: outstanding loans exceed deposits by $76.8 billion (2 trillion dong) as the government pushes commercial banks to ramp lending to hit double-digit growth targets. This imbalance threatens liquidity, interest rates, and financial stability—echoing conditions that triggered real estate bubbles in 2012 and 2022. Banks are now seeking foreign funding to bridge the gap, signaling stress. SMEs and cross-border tech firms should monitor policy tightening and funding cost pressures.