The State Bank of Vietnam-linked Vietnam Banking Trade Union held its fifth Executive Committee conference (2023–2028 term) to review first-half 2025 results and set priorities for the second half of the year, against the backdrop of the State Bank of Vietnam’s reorganisation from 63 provincial branches to 15 regional branches and broader public-sector streamlining. The union also discussed operational implications from changes to union membership eligibility, including that civil servants paid from the state budget are no longer union members. The conference sought input on draft initiatives covering trade union participation in promoting professional ethics and preventing misconduct and risks for banking staff, as well as a programme to develop the union’s cadre of presenters and communicators. It disclosed the union’s 2024 financial settlement and reported on social and solidarity funds, while presenting membership and welfare metrics, including 191,543 workers in the system as of 30 June 2025 with 188,692 union members; more than 256,000 Tet gifts worth over VND 128bn; support of over VND 607m for workers on standby at the National Banknote Printing Plant; and around VND 933bn in sector-wide social welfare spending. The union also reported VND 82bn raised under a campaign to replace temporary and dilapidated housing, delivering 1,366 new homes, and was instructed to prioritise a leaner organisational setup, strengthened worker representation through dialogue and collective agreements, tighter governance of union finances and compliance monitoring, and implementation of a comprehensive digital transformation plan for 2025–2030.
State Bank of Vietnam 2025-08-08
State Bank of Vietnam tasks Vietnam Banking Trade Union with streamlining and digital transformation as provincial branches consolidate into 15 regions
The Vietnam Banking Trade Union held its fifth Executive Committee conference to review 2025 results and set priorities amid reorganisation from 63 provincial to 15 regional branches. Discussions included changes to union membership eligibility, professional ethics initiatives, and financial settlements. The union reported on welfare metrics, including VND 933bn in social welfare spending and VND 82bn raised for housing improvements, while prioritising organisational streamlining and digital transformation.