The State Bank of Vietnam amended the organisation and territorial remit of its Regional Branch 13 under a Governor decision revising the branch’s establishment framework, effective 1 July 2025. Regional Branch 13 took over the Tay Ninh transaction point from Regional Branch 12 and the Dong Thap transaction point from Regional Branch 15, while transferring the Ben Tre and Tra Vinh transaction points to Regional Branch 14. Following the handover, Regional Branch 13 held banking operations conferences on 8–9 July at the Tay Ninh and Dong Thap transaction points to align credit institutions with the post-reorganisation management and supervisory approach for the second half of 2025. The meetings were chaired by Director Pham Minh Tu and attended by 46 credit institutions in Tay Ninh and 51 in Dong Thap, covering supervisory and inspection priorities, issues identified earlier in 2025 and the inspection plan for the coming months; guidance included keeping deposit rates stable, reducing costs and accelerating digitalisation to support lower lending rates, directing credit to priority areas (including green credit, OCOP products, social housing and high-tech agriculture) and implementing a VND 500,000bn credit package for strategic infrastructure and digital technology, alongside stronger non-performing loan resolution and cashless payments. For people’s credit funds and microfinance institutions, participants were asked to implement Regional Branch 13’s action plan and prepare reorganisation plans in line with State Bank of Vietnam Circular 10/2025 on restructuring, licence withdrawal and asset liquidation; staff at the two newly received transaction points were also briefed on 27 internal regulatory documents.
State Bank of Vietnam 2025-07-11
State Bank of Vietnam reallocates Regional Branch 13 transaction points, taking over Tay Ninh and Dong Thap from 1 July 2025
The State Bank of Vietnam revised the structure and remit of Regional Branch 13, effective 1 July 2025, transferring transaction points between branches. Following the reorganization, Regional Branch 13 held conferences to align credit institutions with new supervisory approaches, focusing on stable deposit rates, cost reduction, digitalization, and directing credit to priority areas. Participants were briefed on implementing action plans and preparing reorganization plans per State Bank of Vietnam Circular 10/2025.