Speaking at the conference, on behalf of the Party and State leaders, Prime Minister Pham Minh Chinh acknowledged and praised the State Bank of Vietnam (SBV) and the banking industry for their important and positive contributions to the overall results and achievements of the country in 2025 and the entire term 2021-2025.
According to the Prime Minister, the situation in the past time has changed very quickly and unpredictably, many issues have exceeded forecasts, affecting the overall development of the world, including Vietnam; we always identify difficulties and challenges more than opportunities and advantages to prepare for response, especially flexibility in policy management and development orientation of the country.
Besides the basic results achieved, the Prime Minister agreed with the limitations, inadequacies, and difficulties that the conference pointed out such as risks related to technology, markets, and investment of banks; exchange rates, and the gold market are still facing many difficulties; there are still some weak credit institutions; credit activities in some fields still have potential risks. Digital transformation is developing rapidly but faces many difficulties and challenges, especially crime in the field of high technology and electronic payments; shortage of highly qualified human resources, especially information technology... Pressure to manage monetary policy is increasing, especially regarding inflation, exchange rates, and interest rates under pressure from outside. Early warnings are still limited.
Policy changes and state change must have appropriate steps, roadmaps and solutions.
The Prime Minister also emphasized a number of lessons learned: Must be very calm, maintain bravery in the face of unpredictable fluctuations, difficulties and challenges that may come at any time; policy changes, state change must have appropriate steps, roadmaps and solutions, takeoff must be breakthrough, accelerate to fly high and far, landing must be soft, flexible, skillful, and safe; policy management is proactive, flexible, timely, appropriate, and effective, coordinated synchronously with other policies.
2026 is an important year, the year of the 14th Party Congress, the first year of implementing the Resolution of the 14th Party Congress and the 5-year plan 2026-2030; The Prime Minister clearly stated that the Banking sector must contribute to controlling inflation, stabilizing the macroeconomy, promoting double-digit growth, ensuring major balances of the economy, improving the material and spiritual life of the people; towards successfully implementing 2 100-year strategic goals.
The SBV must pay special attention to managing policies proactively, flexibly, promptly, effectively, closely and synchronously with other policies to have synergistic impact and efficiency. Be more determined, make more efforts, act more drastically, more effectively, focus, key points, do what you do, do what you finish; assign 6 clear tasks: Clear people, clear tasks, clear time, clear authority, clear responsibilities, clear results.
The Prime Minister basically agreed with the key tasks and solutions for 2026 of the Banking sector as in the SBV's report and the opinions of delegates; and emphasized 8 key contents.
Accordingly, focus on implementing the Resolution of the 14th National Congress, resolutions and conclusions of the Politburo, the Secretariat, the National Assembly, the Government, and the direction of the Prime Minister. Create a stronger breakthrough in institutions and administrative reform in the field of currency and banking, meeting the development requirements of the country. Effectively manage banking operations in international financial centers in Ho Chi Minh City and Da Nang (especially managing foreign exchange and cross-border cash flow).
All banking operations must be innovative, must break through but contribute to consistently implementing the goal of maintaining macroeconomic stability, controlling inflation, promoting growth, ensuring major balances of the economy, controlling overspending, public debt, government debt, and foreign debt. This is the most important goal and task of the SBV and the banking industry in 2026 and the coming time.
Along with that, strongly promote growth and investment (investment in quality, investment in science and technology, innovation, digital transformation...), implementing the strategic resolutions of the Politburo. Research mechanisms and policies to strongly mobilize resources in the people.
At the same time, ensure the safety of the monetary, credit, and banking systems. Operate the credit room appropriately, based on the ranking of each bank, and strictly reward and punish. Risk control must comply with international practices, using market tools. Pay attention to strictly controlling credit for potentially risky areas, ensuring credit quality; strengthen early warnings, have appropriate and timely solutions to ensure the safety of each credit institution and the entire banking system, and proactively and effectively handle arising problems.
The Prime Minister also requested the banking sector to promote the development of science and technology, innovation, and national digital transformation. Ensure security and safety in the context of increasingly sophisticated high-tech crime and build a database that is correct, sufficient, clean, and lively. Contributing to the effective implementation of social security policies, doing even better, doing right, doing right and being systematically organized.
The Prime Minister noted that continue to overcome the consequences, restructure weak credit institutions and prevent them from recurring; study the best solutions for SCB bank in the direction of focusing on asset recovery and restructuring; ensure publicity and transparency in complying with the Party's regulations and the State's laws. Strengthen internal control in banks in the spirit of "prevention is better than cure".
The Banking sector and the SBV need to continue to implement well the internal work aspects. Continue to focus on arranging and consolidating the organizational structure; promote digital transformation; strengthen training high-quality human resources, build a team of banking sector officials "with talent, virtue, heart, vision, and strength", always innovate because "power originates from thinking and vision, motivation originates from innovation and creativity, strength originates from people and businesses".
Clearly stating that the Banking sector is a difficult field, but no matter how difficult it is, it must be overcome, the Prime Minister wished that with the motto "looking far, looking wide, thinking deeply, doing big" and the spirit of "proactive, flexible, creative, and effective", the banking industry would continue to promote its pioneering role, especially in the application of science and technology, digital transformation, smart governance, strive harder, and achieve higher results in 2026 than in 2025.
