On the morning of February 3, the first day back to work after the Lunar New Year holiday of 2025, Politburo member and Prime Minister Pham Minh Chinh visited and congratulated the new year; assigned tasks to the State Bank and the banking sector in 2025 and the coming time.
Wishing a Happy New Year to all officers, employees and workers in the banking sector, the Prime Minister highlighted the role of the State Bank and the banking and credit system - the lifeblood of the economy - in the recent socio-economic recovery and development.
The Prime Minister said that the Party and State leaders paid special attention, had drastic directions and management, and the banking sector implemented well monetary and fiscal policies, contributing significantly to ensuring macroeconomic stability, controlling inflation, ensuring major balances, especially energy, ensuring social security, especially in 2024, after many years the whole country achieved and exceeded 15/15 basic targets.
The Prime Minister emphasized that the banking sector has closely followed the leadership and direction of the Party Central Committee and the Government; closely followed and grasped the situation, proactively advised the Party and Government on direction and management; and promptly responded to sudden and urgent issues.
The banking sector persists in interest rate policies, ensures system safety, controls bad debts; effectively handles weak banks; accompanies people and businesses, provides credit for socio-economic development, especially providing credit for the wood, seafood and social housing industries.
The Prime Minister requested the banking industry to always thoroughly grasp this motto, continue to operate fiscal and monetary policies firmly, flexibly and effectively; create a good financial and banking ecosystem, create livelihoods for businesses and people to develop production and business together, with the viewpoint of "harmonious benefits, shared risks", "only when people and businesses develop, will the banking industry develop".
“We must know how to share, sympathize, and put ourselves in the shoes of others to overcome difficulties and challenges and develop together,” the Prime Minister wished.
In 2025, the Prime Minister requested the banking industry to closely follow these tasks and effectively implement Resolution 01 and Resolution 02 of 2025 of the Government.
Among them, the banking sector must make an important contribution to maintaining macroeconomic stability, promoting growth, ensuring major balances; reducing costs to reduce lending interest rates; focusing credit on priority industries and programs such as the social housing development program, the program to eliminate temporary and dilapidated houses.
The banking sector needs to direct credit to renew traditional growth drivers such as investment, export, and consumption, including credit for infrastructure development; and promote new growth drivers.
At the same time, continue to handle weak banks, effectively control bad debts; continue to pioneer in digital transformation, combined with the implementation of Project 06 and building a database for the banking industry; do better in policy communication; perfect institutions, ensure equality and create development space for people and businesses.
The Prime Minister believes that the banking sector's performance in 2025 will be higher than in 2024, joining the whole country in entering a new era - an era of striving to develop richly, civilizedly, prosperously and people are increasingly happy and prosperous.
