The State Bank of Vietnam has issued an implementation plan for the banking sector’s 2025 emulation campaign “Join hands to eliminate temporary and dilapidated houses nationwide”, aimed at mobilising banking officials, employees and institutions to support poor and near-poor households, people affected by natural disasters and climate change, and families with meritorious service facing housing hardship. The plan sets out five strands of action, covering communications and resource mobilisation; development and effective implementation of mechanisms and policies, including those linked to the National Target Programme for socio-economic development in ethnic minority and mountainous areas (2021–2030, Phase I 2021–2025) and the Government’s Decree 28/2022 on preferential credit; administrative reform to improve transparent access to social policies, particularly housing support; direct contributions in cash, labour and materials to build safe and climate-resilient homes aligned with local cultural conditions and correct beneficiaries; and requirements on fair, democratic, public and transparent use of resources with safeguards against corruption, misconduct and waste. The framework also sets specific emulation criteria and reward forms, and assigns implementation responsibilities across State Bank units, credit institutions, foreign bank branches, Deposit Insurance of Vietnam, State Bank-managed enterprises and State Bank-managed associations.
State Bank of Vietnam 2025-01-16
State Bank of Vietnam issues 2025 banking sector plan to support nationwide drive to eliminate temporary and dilapidated housing
The State Bank of Vietnam has launched a 2025 campaign to eliminate temporary and dilapidated housing, targeting support for vulnerable households and those affected by natural disasters. The plan includes five action strands: resource mobilisation, policy development, administrative reform, direct contributions for housing, and transparent resource use. It also outlines emulation criteria, reward forms, and assigns responsibilities across various banking entities.