State Bank of Vietnam Region 5 held a working session with the Lang Son provincial banking system and conducted onsite surveys of local businesses under its supervisory work plan. The review covered monetary, foreign exchange and banking developments in Lang Son over the first eight months of 2025 and set operational priorities for the remainder of 2025, including tighter compliance with legal and procedural requirements, risk control and a continued push on cashless payments and digitalisation. As of 31 July 2025, Lang Son deposits totalled VND 54.312 trillion, up 8.6% from end-2024, while outstanding credit was VND 47.247 trillion, up 3.7%, with a non-performing loan ratio of 1.16%. The update also highlighted progress on non-cash payments and digital onboarding, including the use of national population data, e-identification and biometric collection, with more than 96,000 organisational accounts and more than 868,000 individual accounts. Salary payments via accounts reached 100% for 1,363 state budget-funded units, pension and social assistance payments via accounts reached 60%, and social insurance benefit payments via accounts exceeded 95%. Cross-border trade payments were reported at 13 of 15 commercial bank branches, supported by agreements with 15 Chinese bank branches, and the province had six licensed bullion trading locations and 21 certified jewellery and fine arts gold producers. Information gathered from the onsite surveys is to be consolidated to support supervisory effectiveness and to inform advice to the State Bank of Vietnam and relevant local authorities on monetary and banking matters.

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