3 major goals of the State Bank for the 2025-2030 term

On August 14, in Hanoi , the State Bank held the 1st Congress of the State Bank Party Committee for the 2025-2030 term. Deputy Prime Minister Ho Duc Phoc attended and delivered a speech directing the Congress.

Speaking at the opening of the Congress, Governor Nguyen Thi Hong said that this Congress is a special congress after the unit reorganized its apparatus.

Many goals completed in the 2020-2025 term

During the 2020-2025 term, the Party Committee of the State Bank has led and directed the entire sector to successfully implement the set goals and targets for socio -economic development and 6 key tasks, 3 strategic breakthroughs in the spirit of the Resolution of the 13th National Party Congress.

The first is to stabilize the macro economy, control inflation and support growth. Over the past 5 years, Vietnam has been a bright spot in the region and the world thanks to maintaining a high growth rate of about 6.2%/year, maintaining macroeconomic stability and controlling inflation well.

3 mục tiêu lớn của Ngân hàng Nhà nước cho nhiệm kỳ 2025-2030 - 1 — Deputy Prime Minister Ho Duc Phoc congratulated the 1st State Bank Party Congress for the 2025-2030 term (Photo: SBV).

In the context of rapid, unpredictable fluctuations and unprecedentedly severe difficulties at many times, the State Bank has proactively and flexibly operated monetary policy tools, coordinated synchronously and smoothly, and promptly adapted to macroeconomic and market developments.

The domestic currency and foreign exchange markets have maintained stability, absorbed shocks, contributed to stabilizing the macro economy, controlling domestic inflation, and ensuring the safety of the system of organizations. The lending interest rates of commercial banks decreased by about 1.6%/year compared to the end of 2020, and credit increased in line with the Government's policy to recover the economy after the Covid-19 pandemic.

Exchange rates fluctuate flexibly, in accordance with market conditions, the market is smooth, foreign currency needs are fully and promptly met...

Next is the institutional and legal breakthrough. The State Bank has completed 5/5 Projects assigned by the Government and the Prime Minister; submitted to competent authorities for promulgation, or directly promulgated 17 Decrees of the Government, 6 Decisions of the Prime Minister and 182 Circulars of the Governor of the State Bank.

The State Bank has also improved the effectiveness and efficiency of banking inspection and supervision and restructured the credit institution system. Inspection, supervision and restructuring of the credit institution system are identified as key pillars, playing a vital role in ensuring the safety and stability of the system.

The State Bank has completed the mandatory transfer of four specially controlled banks and continues to vigorously implement restructuring solutions for SCB.

The monetary management unit is also a pioneer in the development of science and technology, innovation, and digital transformation. The State Bank is considered one of the pioneering ministries in digital transformation. Cashless payment activities have achieved impressive results, with more than 87% of Vietnamese adults having a bank account.

This unit has also completed the project to reorganize the apparatus, reducing 60% of the focal points, drastically reducing 48% of the internal organizational structure, reducing 22% of the civil servant payroll and reducing 45% of the number of leaders and managers compared to the beginning of the term, ensuring smooth, safe and effective operations.

3 mục tiêu lớn của Ngân hàng Nhà nước cho nhiệm kỳ 2025-2030 - 2 — View of the Congress on August 14 (Photo: SBV).

Key goals for the coming term

The 2025-2030 term is considered to open a new stage, a period when the country makes a strong breakthrough, aiming to become a developed country with high average income.

The State Bank Party Committee sets three main goals for the next term.

The first is to strongly and resolutely implement tasks related to the banking sector in the Politburo's Resolutions - considered the "Strategic Quartet" for the country to enter the era of national development.

The Resolutions include Resolution No. 57 on breakthroughs in science and technology development, innovation and national digital transformation; Resolution No. 59 on international integration in the new situation; Resolution No. 66 on innovation in law-making and enforcement to meet the requirements of national development in the new era; Resolution No. 68 on private economic development.

Second is to resolutely and synchronously carry out the next tasks of the process of rearranging and restructuring the apparatus according to Resolution No. 18 of the 12th Central Executive Committee and the resolutions and conclusions of the 13th Central Executive Committee, Politburo, and Secretariat.

Third is to successfully implement the Banking Industry Development Strategy to 2025, with a vision to 2030.

Source: https://dantri.com.vn/kinh-doanh/3-muc-tieu-lon-cua-ngan-hang-nha-nuoc-cho-nhiem-ky-2025-2030-20250814130450685.htm