Boosting credit – accompanying businesses

Attending the event were Mr. Phan Van Dang - Permanent Vice Chairman of the Provincial People's Committee, Mr. Phan Thanh En - Deputy Director of State Bank Region 10, representatives of bank branches and credit funds in the province and related departments.

Provincial leaders and the State Bank chaired the conference.

Mr. Phan Van Dang - Permanent Vice Chairman of the Provincial People's Committee delivered a speech at the conference.

By May 2025, capital mobilization in Binh Thuan reached VND 64,089 billion, up 0.5% compared to the beginning of the month, up 4.73% compared to the beginning of the year. Of which, mobilization in Vietnamese Dong was VND 63,434.6 billion, up 0.49% compared to the beginning of the month, up 4.82% compared to the beginning of the year, in foreign currency was VND 655 billion, up 0.77% compared to the beginning of the month, down 3.2% compared to the beginning of the year. Outstanding loans reached VND 95,832 billion, up 1.69% compared to the beginning of the month, up 0.85% compared to the beginning of the year. Of which, outstanding loans in Vietnamese Dong reached VND 94,104 billion, up 1.59% compared to the beginning of the month, up 0.79% compared to the beginning of the year. Outstanding foreign currency loans reached VND1,728 billion, up 7.26% compared to the beginning of the month, up 4.28% compared to the beginning of the year.

Bank representatives speak at the conference

_lan7881(1).jpg — Business Association representative speaking at the conference

Through the bank's report and recommendations to resolve difficulties of bank branches and enterprises, Mr. Phan Van Dang highly appreciated the efforts of the banking sector in closely following the direction of the State Bank, the Provincial Party Committee, and the Provincial People's Committee to proactively and promptly implement policies and monetary solutions to contribute to the implementation of the economic recovery and development support program, directing credit to production and business sectors, and priority sectors. At the same time, he directed the banking sector to focus on implementing the tasks assigned to the sector in the socio-economic recovery and development program, national target programs, especially the credit program for social housing, workers' housing, and renovation of old apartments (VND 145,000 billion); credit program for agriculture, forestry, and fisheries (VND 100,000 billion). Credit institutions (CIs) in the area have paid attention to expanding their operating network, promoting non-cash payments and payments via banks, including public services and social security payments, and effectively implementing the comprehensive financial development strategy for the 2021-2025 period.

At the same time, credit institutions continue to actively implement digital transformation under the direction of the State Bank of Vietnam and the province, thereby promoting the development of technology and banking services, ensuring security and safety in payment activities. Strengthen inspection and examination work according to plan. Remote monitoring work must be carried out regularly to assess the operating situation in order to promptly detect signs of instability in the operations of credit institutions to promptly warn and limit risks to ensure the safety of the credit institution system in the area. Strictly implement the approved restructuring plan associated with bad debt handling. Continue to coordinate with relevant departments, branches and localities to implement measures to support credit institutions, especially weak credit institutions in implementing the proposed plans and projects. Must ensure the timely settlement of 100% of arising records, in accordance with the prescribed order, procedures and time...

The Vice President emphasized that through the conference, the banking sector needs to strengthen coordination with businesses, accompanying businesses in the context of businesses facing many difficulties. Banks need to share with businesses to form long-term connections, creating benefits for both sides and helping Binh Thuan's economy to develop more and more...

Source: https://baobinhthuan.com.vn/day-manh-tin-dung-dong-hanh-cung-doanh-nghiep-130345.html