On September 10, the Government Office announced that the Government had just issued Resolution No. 273/NQ-CP at the regular Government meeting in August 2025.
In the resolution, the Government requires the State Bank of Vietnam (SBV) to preside over and coordinate with agencies and localities to operate proactive, flexible, timely and effective monetary policy tools; manage credit growth appropriately and effectively, meeting capital needs for the economy.
Direct credit institutions to continue to reduce costs to strive to reduce lending interest rates, direct credit to production and business sectors, priority sectors, and growth drivers under the direction of the Government and the Prime Minister.
The Government requires the SBV to strengthen management, promptly implement strong solutions and take responsibility for stabilizing the gold market according to the provisions of law, ensuring the goal of developing a safe, healthy and sustainable market.
At the same time, speed up the increase of charter capital of state-owned commercial banks; direct credit institutions to effectively handle bad debts, strictly control credit in areas with potential risks, and strictly handle violations according to the law.
Effectively organize the implementation of the plan to require the transfer of weak banks and special control banks; urgently complete the restructuring plan of Saigon Commercial Joint Stock Bank (SCB) before September 15, 2025.
The Government also requires strengthening inspection, supervision, prevention and handling of negative behaviors, corruption, and group interests in banking activities.
The Ministry of Finance shall preside over and coordinate with agencies and localities to implement a reasonable, focused and key expansionary fiscal policy.
Continue to implement policies on tax, fee, charge, land rent exemption, and other mechanisms and policies to facilitate people and businesses, promote production and business, and create jobs.
Chair and coordinate with the SBV and relevant agencies to assess potential risks to inflation, exchange rates and the banking system, report and propose to the Prime Minister in September 2025.
In addition, improve the effectiveness of state budget collection management, prevent revenue loss, ensure correct, sufficient collection, timely collection, expand collection facilities, focus on revenue management for e-commerce activities, digital platform business, cross-border transactions, food and beverage services, and accommodation.
Strive for state budget revenue in 2025 to increase by at least 25% compared to the estimate; strictly handle violations of invoices, documents, payment for sale, and transactions of goods and services.
The Government Inspectorate shall preside over and coordinate with relevant agencies to urgently develop a plan and organize the implementation of inspections for credit activities, banking and gold trading activities in accordance with the provisions of law.
