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“Billions of Dongs in Contributions: Top Banks Honored Among Vietnam’s Largest Tax-Paying Enterprises.”

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The 2025 Enterprise Budget Honors ceremony was a resounding success, celebrating the role and contributions of the vibrant Vietnamese business community. Numerous banks were named in the prestigious PRIVATE 100 and VNTAX 200 listings, solidifying their leadership in the financial and banking sectors.

The Commercial Banking Sector: Accelerating Budgetary Contributions and Strengthening National Resources

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On September 9, at the Private 100 and VNTax 200 Awards, organized by CafeF (VCCorp), the banking industry once again demonstrated its pivotal role in the economy. This prestigious event recognized the top 200 businesses making the most significant contributions to the national budget, with several prominent banking institutions featuring prominently in the rankings.

“Credit Growth and Inflation: The Vice Governor’s Perspective on Monetary Policy”

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"Vice Governor Doan Thai Son cautioned that robust credit growth could lead to two significant ramifications. Firstly, banks would be compelled to ramp up their capital mobilization efforts, which might entail hiking up deposit rates and subsequently pushing up lending rates. Secondly, robust credit growth effectively translates to an increased money supply, exerting inflationary pressures over the long haul."