At a conference in Son La on implementing 2026 banking tasks for the State Bank of Vietnam’s Region 3 Branch, State Bank of Vietnam Governor Nguyen Thi Hong set priorities for local credit institutions, calling for credit to be directed to priority production and social welfare sectors while strictly controlling lending in potentially risky areas. The agenda also included accelerating digital transformation and non-cash payments with security safeguards, strengthening inspection and supervision with earlier risk warnings, and ensuring the safety of cash and treasury operations, including smooth currency circulation around Lunar New Year 2026. Region 3, covering Son La, Lai Chau and Dien Bien, reported total deposits of more than VND 80,000 billion and outstanding loans of VND 98,000 billion, with credit growth of 5.6% versus a national average of 19% and a bad debt ratio of 0.59%, with lending concentrated in sectors such as agriculture, rural areas and hydropower. The local banking system also supported more than 288,000 customers affected by natural disasters and held 50 bank–business connection conferences. Direction for 2026 is framed around implementing the SBV’s Directive 01 aligned with the Government’s Resolution 01, including expanding policy credit programmes for ethnic minorities and mountainous communities and promoting new growth drivers such as digital and green transformation.
State Bank of Vietnam 2026-01-27
State Bank of Vietnam Governor directs Region 3 banks to prioritise production lending and tighten risk controls in 2026
State Bank of Vietnam Governor Nguyen Thi Hong outlined priorities for Region 3 Branch, emphasizing credit allocation to priority sectors, digital transformation, and enhanced supervision. The region reported deposits of over VND 80,000 billion and loans of VND 98,000 billion, with a focus on agriculture and hydropower, while supporting disaster-affected customers and promoting policy credit for ethnic minorities.