Banks Focus on Supporting Businesses and Boosting Economic Growth in the Final Two Months of the Year

Implementing the 2025 monetary policy objectives outlined in Directive No. 01 from the State Bank of Vietnam (SBV), alongside local mandates, banking operations in Ho Chi Minh City and Dong Nai Province will focus on targeted solutions to support businesses and drive economic growth during the final two months of the year.

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According to Mr. Nguyễn Đức Lệnh, Deputy Director of the State Bank of Vietnam (SBV) Branch in Region 2, banking activities in the final two months of the year will focus on fostering economic growth and supporting businesses.

First, credit expansion and effective growth will continue, aligned with local socio-economic development programs. This includes meeting the credit needs of production, business, trade, and tourism sectors, particularly for essential goods production and exports during the year-end and Lunar New Year.

This initiative is well-supported by robust capital mobilization. As of September 2025, total capital mobilization in Ho Chi Minh City and Dong Nai Province reached over 5.4 quadrillion VND, an 8.6% increase compared to the end of 2024. This positive growth will ensure credit expansion aligns with SBV’s directives and supports local economic growth.

Second, banking services for businesses and individuals will be optimized for efficiency, security, and speed during the year-end period. This ensures smooth payment processes, facilitating seamless goods and currency circulation.

The 9% growth in payment deposits at local credit institutions in the first nine months of 2025 reflects the success of non-cash payment methods and improved banking services. This trend boosts economic growth and enhances capital utilization within the economy.

Additionally, efforts will continue to promote non-cash payment services, implement SBV’s digital banking initiatives, and enhance communication strategies.

Third, the banking sector in Ho Chi Minh City and Dong Nai Province will strengthen support for businesses through bank-business connectivity and preferential credit programs. This includes expanding market stabilization loans and disbursing credit packages for forestry and fisheries. These efforts will positively impact production and supply chains for the Lunar New Year and year-end exports.

Mr. Lệnh emphasized that these solutions directly address capital mobilization, lending, and payment systems. Effective implementation, combined with specific action plans for bank-business connectivity, administrative reforms, market stabilization loans, and industrial zone lending, will create a positive impact. This will ensure efficient credit growth, meet capital and banking service demands for businesses, households, and cooperatives in Ho Chi Minh City and Dong Nai Province during the final two months and the Lunar New Year. Ultimately, this will drive local economic growth and achieve the 2025 targets.

Hàn Đông

– 13:46 31/10/2025

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