From a regulatory perspective, Mr. Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV) Branch in Region 2, highlighted several notable achievements in banking operations for 2025 across Ho Chi Minh City and Dong Nai Province. These accomplishments underscore the SBV’s effective fulfillment of its mandate in monetary policy, credit management, and banking oversight.
First, economic growth was robustly supported through the optimal provision of capital and banking services to local economies. Ho Chi Minh City’s impressive GRDP growth, contributing over 23% to the national GDP, and Dong Nai Province’s 9.63% GRDP growth were significantly bolstered by bank credit and the central bank’s monetary policies. These efforts not only supported businesses but also stimulated production expansion, driving economic growth. Notably, total credit outstanding in the region reached VND 5.68 quadrillion, accounting for 31% of the national total and marking a 13.5% increase from 2024.
Second, monetary stability, a favorable business environment, and the advancement of banking services were key achievements. The SBV’s effective monetary and interest rate policies, coupled with their implementation in Ho Chi Minh City and Dong Nai, ensured a stable financial market while supporting businesses. Innovations in payment solutions, such as biometric authentication and cashless social welfare disbursements, enhanced non-cash transactions and capital efficiency, further fueling digital economic growth.
The banking sector’s initiatives, including the Bank-Business Connectivity Program, facilitated the disbursement of preferential credit packages totaling 168% of the initial VND 517.065 trillion target. This enabled over 220,000 borrowers to access funds for business development across various sectors, underscoring the program’s success and its potential for future expansion.
Third, banking operations demonstrated stable growth, with controlled non-performing loans (NPLs) and positive profitability. Efficient capital allocation and a focus on digital banking services contributed to a 12% year-on-year increase in total deposits, reaching VND 5.64 quadrillion by year-end 2025. Transaction accounts grew by 12.27%, outpacing other deposit categories, while savings and term deposits increased by 9.57%.
Fourth, innovative governance models and the successful implementation of local and central government credit programs were transformative. Post-restructuring, the region’s financial institutions expanded to over 3,000 units, including 744 branches, 2,206 transaction offices, and 74 credit unions. This network supported various credit initiatives, such as rural development, housing, export, consumer, green, and startup financing, with notable success in export and agro-aquaculture lending.
By year-end 2025, export credit reached nearly VND 300 trillion, while agro-aquaculture loans disbursed VND 3.438 trillion to over 13,000 beneficiaries. These outcomes highlight the banking sector’s role in driving local economic growth and innovation.
Mr. Lenh emphasized that the 2025 achievements in Region 2’s banking sector lay a strong foundation for 2026, aligning with new economic directives, private sector development, and technological integration. Priorities include administrative reforms, digital banking advancements, and compliance with SBV Directive 01 on 2026 monetary policy, ensuring the sector’s readiness for international financial hub development.
– 08:45 08/01/2026
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