Government: Must complete restructuring plan for SCB bank before September 15

Urgently complete the restructuring plan of Saigon Commercial Joint Stock Bank (SCB) before September 15, according to the Government's direction.

Implementing SCB restructuring - Photo: T.TR

The Government has just issued Resolution No. 273 dated September 9, regular Government meeting in August 2025.

According to the resolution, the State Bank shall operate monetary policy tools proactively, flexibly, promptly and effectively; manage credit growth appropriately, meeting capital needs for the economy ; direct credit institutions to continue reducing costs to strive to reduce lending interest rates, and direct credit to production and business sectors and priority sectors.

Manage exchange rates in a flexible, harmonious, and reasonable balance between interest rates and exchange rates, stabilize the monetary and foreign exchange markets. Strengthen management, promptly implement strong solutions, and take responsibility for stabilizing the gold market according to the law, ensuring the goal of developing a safe, healthy, and sustainable market.

Accelerate the increase of charter capital of state-owned commercial banks; direct credit institutions to effectively handle bad debts, strictly control credit in potentially risky areas, and strictly handle violations according to legal regulations.

Effectively implement the plan to force the transfer of weak banks and banks under special control; urgently complete the restructuring plan of Saigon Commercial Joint Stock Bank (SCB) before September 15; strengthen inspection, supervision, prevention and handling of negative behaviors, corruption and group interests in banking activities.

The Government also assigned the Ministry of Finance to manage a reasonable, focused and key expansionary fiscal policy. Continue to implement policies on tax, fee, charge and land rent exemption and extension, assess potential risks of inflation, exchange rates and the banking system, report and propose to the Prime Minister in September 2025.

In addition, it is necessary to improve the efficiency of state budget collection management, prevent revenue loss, ensure correct, sufficient and timely collection, expand the collection base, focus on revenue management for e-commerce activities, business on digital platforms, cross-border transactions, food and beverage services, accommodation, etc.

Strive for the state budget revenue in 2025 to increase by at least 25% compared to the estimate; strictly handle violations of invoices, documents, payments for purchase and 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 of credit, banking and gold trading activities in accordance with the provisions of law.

NGOC AN

Source: https://tuoitre.vn/chinh-phu-truoc-15-9-phai-hoan-thien-phuong-an-co-cau-lai-ngan-hang-scb-2025091014460085.htm