The State Bank of Vietnam’s Inspectorate Party Committee convened its first congress for the 2025–2030 term, reviewing its 2020–2025 work and setting priorities for the next five years. Deputy Governor Pham Quang Dung chaired and directed the meeting, with a focus on improving the effectiveness of banking inspections and strengthening anti-corruption and crime-prevention functions while advancing digital transformation. The congress report highlighted organisational consolidation, work to improve the legal framework for inspection and examination, and a shift toward more targeted, risk-focused inspections in priority areas, with violations identified and addressed at credit institutions. It also pointed to progress in administrative inspections and the handling of citizen complaints, petitions and denunciations, with no prolonged outstanding cases reported, and reaffirmed the unit’s role as the standing body supporting the banking sector’s steering mechanism for anti-corruption and crime prevention. For 2025–2030, the programme emphasises remedying identified shortcomings, continuing strict follow-up and enforcement on issues found through inspection and supervision, scaling the use of information technology, data analytics and digitisation in inspection work including the application of artificial intelligence, and strengthening inspector and auditor staffing and capabilities. Following the Standing Committee of the State Bank of Vietnam Party Committee’s decisions on appointments for the new term’s executive committee, secretary and deputy secretary, the newly designated leadership was instructed to announce the decisions internally and promptly issue working rules, a term work programme and clear responsibility allocations to implement the 2025–2030 congress resolution.
State Bank of Vietnam 2025-06-18
State Bank of Vietnam’s Inspectorate Party Committee sets 2025–2030 agenda to strengthen inspections and accelerate digital and AI-enabled supervision
The State Bank of Vietnam’s Inspectorate Party Committee held its first congress for the 2025–2030 term, focusing on enhancing banking inspections, anti-corruption efforts, and digital transformation. The congress emphasized improving the legal framework, risk-focused inspections, and technology use in inspection processes. Newly appointed leadership was tasked with implementing the congress resolution and establishing clear operational guidelines.