The State Bank of Vietnam held the first delegates’ congress of its Party Committee for the 2025–2030 term in Hanoi, combining a review of the 2020–2025 term with the announcement of Party leadership appointments. Governor Nguyen Thi Hong was designated to continue as Party Secretary, with Deputy Governor Doan Thai Son appointed as Deputy Party Secretary and Le Thi Mai Huong appointed as Deputy Party Secretary. Reports to the congress highlighted policy and supervisory priorities over 2020–2025, including monetary policy management aimed at inflation control and macroeconomic stability, steps to stabilise interest rates and the foreign-exchange market, and restructuring of credit institutions alongside non-performing loan resolution under the 2021–2025 plan known as Project 689. The review also cited legal and regulatory work including 208 legal instruments and three key laws, namely the 2022 Anti-Money Laundering Law, the 2024 Law on Credit Institutions and the 2025 amendments to the Law on Credit Institutions, alongside credit growth management changes from 2024 that allocate full-year credit growth targets to credit institutions while pursuing a roadmap to limit and eventually remove institution-by-institution allocations. The update also referenced digitalisation progress across banking operations, including full digitisation of many core processes, high shares of transactions conducted via digital channels at many credit institutions, and more than 87% of Vietnamese adults holding a bank account. The congress also appointed the delegation to attend the first Government Party Committee Congress for the 2025–2030 term.

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