The State Bank of Vietnam’s branches in Lang Son and Nam Dinh held provincial conferences to roll out 2025 banking-sector tasks, combining forward priorities with a review of 2024 monetary and banking conditions in each locality. The updates emphasised continued efforts to lower lending costs, improve transparency around loan pricing, manage credit risk and advance cashless payments and digital transformation. In Lang Son, reported 2024 outcomes included VND 51,592 billion in mobilised funds (up 17.7% from 31 December 2023) and VND 45,583 billion in outstanding credit (up 4.3%), with non-performing loans of VND 436 billion or 0.96% of total outstanding credit as of 31 December 2024. The branch highlighted constraints on credit growth linked to lingering post-Covid borrower difficulties and additional losses from Typhoon Yagi, alongside a risk of rising bad debts and slower-than-planned progress on biometric data verification for individual customers (78.32%). In Nam Dinh, key 2024 indicators were reported as above the national average, including credit growth of 19.8% and an NPL ratio of 0.48% of total lending, with continued reductions in lending rates, stable payment operations, and ongoing work on cashless payments, digital transformation and administrative reform.

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