The State Bank of Vietnam’s Region 13 branch conducted working sessions on 16–17 September 2025 with six state-owned commercial bank branches in Tay Ninh province, reviewing operating conditions and progress against the Governor’s directions on credit growth, cost reduction, preferential lending programmes, bank–business connectivity, and digital transformation. The regional branch instructed each bank to develop specific measures to increase credit growth safely and effectively while tightening credit quality control. Across the first months of 2025, the six branches were assessed as operating safely and effectively, with deposits and outstanding credit accounting for 21% and 23% of Tay Ninh’s market, respectively. Credit was reported as concentrated on production and business activities, although overall credit growth remained slow; the delegation also recorded 15 requests covering credit growth constraints, coordination issues with enforcement bodies and other local agencies, impacts from new tax rules under Decree 70/2025/ND-CP on some clients’ business behaviour, and obstacles in implementing Government and sector preferential credit programmes. Further instructions included cutting operating costs and reducing lending rates, stepping up implementation of directed credit programmes, expanding green credit and other new growth drivers, and advancing digitalisation and non-cash payments initiatives in coordination with local authorities. Preparations are underway to sign coordination arrangements in October 2025 between the State Bank of Vietnam Region 13 branch and Tay Ninh’s Provincial Police, the provincial civil judgment enforcement body, the Department of Finance, the Department of Industry and Trade, and the local business association to support credit institutions’ operations.
State Bank of Vietnam 2025-09-18
State Bank of Vietnam Region 13 reviews six state-owned bank branches in Tay Ninh and orders plans to accelerate safe credit growth
The State Bank of Vietnam’s Region 13 branch reviewed six state-owned commercial bank branches in Tay Ninh province, focusing on credit growth, cost reduction, and digital transformation. The banks were instructed to enhance credit growth safely while maintaining quality control and to address issues like credit growth constraints and impacts from new tax rules. Coordination with local authorities is planned for October 2025 to support these initiatives.