According to Deputy Governor Pham Thanh Ha, realizing this ambitious development vision demands sustained, stable, and high economic growth, which in turn requires a robust and efficient mobilization and deployment of financial resources. In particular, ensuring sufficiently large capital flows to support a new growth model—one driven by science, technology, and innovation—is fundamental to meeting these targets and narrowing the development gap with more advanced economies.
SBV Deputy Governor Pham Thanh Ha
Despite ongoing global economic uncertainties—ranging from geopolitical shocks to climate change pressures—the forum highlighted that significant policy frameworks and priority national projects have already been initiated. Also emphasized was the active role of the private sector, civil society, and intellectual communities in complementing state efforts through capital contribution, human resources, and innovative approaches.
To support the economic transition and capital mobilization necessary for the next growth phase, the session framed a comprehensive policy agenda focused on three major dimensions:
- Forecasting capital demand and mobilization capacity for high but sustainable growth in 2026–2030, including domestic savings, private investment, foreign direct investment (FDI), and international financial cooperation.
- Banking credit and capital market policy orientation, aimed at expanding access to credit for key drivers such as the private sector, digital economy, circular economy, and other emerging growth sectors.
- Consultation on innovative policy proposals, designed to enhance the ability of financial institutions—both domestic and foreign—to effectively mobilize and allocate capital within and outside Vietnam.
Forum panorama
The Deputy Governor described the financial and banking system as the “lifeblood” of the economy—critical in facilitating capital flow to enterprises and economic sectors aligned with the nation’s growth ambitions. He expressed hope that diverse perspectives and recommendations shared during the forum would contribute meaningfully to policy formulation and implementation in the near future.
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