The State Bank of Vietnam reported that its Deputy Governor Nguyen Ngoc Canh participated in the 2025 Annual Vietnam Business Forum in Hanoi and committed to continued coordination with the Banking Working Group to address issues spanning monetary policy, green transition, digital transformation, payments and fintech, with the stated aim of supporting business development and green finance in the digital era. In the banking session, the Banking Working Group highlighted the growing importance of green and digital transformation for competitiveness and market adaptability, and pointed to work on the legal and policy framework for green banking, including environmental criteria and green project classification to support banks’ screening and reporting of green credit, as well as greater public-private and international cooperation and the use of ESG standards and big data management. On digital transformation, the update referenced initiatives and thematic events, including the State Bank’s role in advising the Government on Decree No. 94/2025/ND-CP (29 April 2025) establishing a controlled testing mechanism (sandbox) in banking, alongside efforts to develop smart infrastructure, Internet of Things applications and digital energy management, strengthen support for small and medium-sized enterprises and green technology startups, and enhance fintech supervisory capacity.

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