The State Bank of Vietnam (SBV) has held a kick-off conference for a project to review the current state of its banking-sector database systems, positioning the assessment as the first step toward establishing a modern shared, integrated “banking industry common database”. The technical assistance is funded by the World Bank and Switzerland’s State Secretariat for Economic Affairs (SECO), with KPMG selected as the consulting firm. The assessment sits under SBV Decision 2655, which assigns the Department of Forecasting, Statistics and Monetary-Financial Stability to lead the broader programme to design and implement an end-to-end data governance and sharing platform based on modern technology and Big Data architecture, with interoperability across ministries and national databases under the digital government framework. Project work is to cover international benchmarking, surveys and evaluations across SBV and external entities, thematic workshops to clarify needs and constraints, and recommendations on an appropriate data architecture model for Vietnam’s banking sector; the output is intended to identify strengths, gaps and bottlenecks and inform a practical roadmap for a shared database. SBV asked internal units to appoint capable focal points and prioritise resourcing in 2025, and called on credit institutions and foreign bank branches to provide information and participate in surveys and workshops to ensure the findings reflect sector realities. The SBV Office was tasked with preparing a communications plan, and the World Bank was invited to consider continued support in subsequent phases when SBV moves to detailed design and implementation.

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