The State Bank of Vietnam published an update on the National Steering Committee on Financial Inclusion’s third session, where the Prime Minister reviewed implementation of the 2020-2025 financial inclusion strategy and discussed an SBV-prepared draft strategy for 2026-2030 focused on equal access to banking and financial services and building a modern, safe and inclusive financial ecosystem. Progress reporting to end-2025 indicated that agencies had basically completed 62 out of 62 action-programme tasks and met or exceeded 6 of 9 targets, including 86.97% of adults holding bank current accounts, 33% of adults having deposited savings in the previous 12 months, average annual growth of 58.86% in the number of non-cash payment transactions, around 290,000 small and medium-sized enterprises with outstanding loans at credit institutions, and 71% of adults having credit-history information in the SBV credit information system. Outstanding credit for agricultural and rural development was estimated at about 24% of total credit over 2020-2025 against a 25% target, and remaining gaps were highlighted around the legal framework, concentration of service provision in more developed areas, limited infrastructure connectivity, and financial knowledge and money-management skills for parts of the population. The draft 2026-2030 strategy sets 2030 targets including 95% of people aged 15 and over having transaction accounts at banks or other authorised organisations, non-cash payment value reaching 30 times GDP, at least 30% of adults depositing savings at credit institutions, at least 300,000 SMEs having outstanding loans, agricultural and rural credit reaching about 25% of total credit, at least 75% of adults having credit-history information in the SBV system, and insurance industry revenue of about 3.3% to 3.5% of GDP. The Prime Minister endorsed task groups spanning further legal reforms, expanded providers and modern distribution channels, development of digital financial infrastructure, nationwide financial education and digital citizenship programmes, stronger consumer protection, and promotion of sustainable and climate finance, alongside ongoing monitoring and adjustment during implementation.
State Bank of Vietnam 2026-02-24
State Bank of Vietnam tables draft 2026-2030 financial inclusion strategy targeting 95% of people aged 15+ to hold transaction accounts by 2030
The State Bank of Vietnam updated on the National Steering Committee on Financial Inclusion's third session, reviewing the 2020-2025 strategy and discussing a draft strategy for 2026-2030. The draft aims for 95% of people aged 15 and over to have transaction accounts and non-cash payment value to reach 30 times GDP by 2030. The Prime Minister endorsed initiatives for legal reforms, digital infrastructure, financial education, and sustainable finance.