The meeting was chaired by Mr. Pham Toan Vuong, Chairman of the VNBA Council, Member of the Members’ Council and Chief Executive Officer of Agribank, with the participation of Council members, Standing Board representatives, the Inspection Committee (including Mr. Pham Quang Tung - Vice Chairman of the Council of the Vietnam Banking Association - member of the Board of Directors of BIDV; Mr. Tran Van Tan - Vice Chairman of the Council of the Vietnam Banking Association - member of the Board of Directors of Vietinbank; Mr. Do Viet Hung - Head of the Inspection Committee of the Vietnam Banking Association - member of the Board of Directors of Vietcombank); and other members of the Council and leaders of the Standing Committees and units of the Vietnam Banking Association., and leaders of functional boards and units under the Association.
Mr. Pham Toan Vuong, Chairman of the VNBA Council, Member of the Members’ Council and Chief Executive Officer of Agribank
A Challenging Context and an Active Response
In his opening remarks, Chairman Pham Toan Vuong emphasized that the 7th term, particularly the year 2025, took place amid complex global economic and geopolitical developments, increasing climate-related risks, and major institutional and regulatory adjustments in Vietnam. These factors exerted significant pressure on the banking system and financial markets.
He noted that, under the leadership of the Government and the proactive, flexible monetary policy management of the State Bank of Vietnam (SBV), macroeconomic stability was largely maintained, inflation was controlled, and economic growth was supported. In that context, the Vietnam Banks Association closely followed the Government’s and SBV’s directions, effectively fulfilling its role as a socio-professional organization representing the banking community, while carrying out tasks assigned by the Association’s Charter and resolutions of the National Congress.
Key Achievements in 2025
Presenting the activity report, Mr. Nguyen Quoc Hung, Vice Chairman and Secretary General of VNBA, highlighted that 2025 marked another year in which the Association continued to strengthen its position as a policy bridge between regulatory authorities and member institutions, while protecting the legitimate rights and interests of its members.
Mr. Nguyen Quoc Hung, Vice Chairman cum Secretary General of VNBA
Active Policy Advocacy and Legal Contributions
During the year, the Association actively participated in providing opinions on nearly 250 draft laws, decrees, and circulars related to banking and financial activities. Many of VNBA’s recommendations were acknowledged and incorporated by relevant authorities, contributing to the improvement of the legal framework and the operational environment for credit institutions.
Professional Activities and Member Connectivity
The Association organized over 130 conferences, seminars, and thematic workshops, focusing on key issues such as non-performing loan resolution, secured transaction registration, digital payments, cybersecurity, banking risk management, green banking, and sustainable finance. These events served as effective platforms for policy dissemination, professional exchange, and experience sharing among member institutions.
Protecting Members’ Legitimate Interests
VNBA issued more than 100 official documents summarizing difficulties and obstacles faced by member institutions and proposing solutions to competent authorities. Key issues included asset recovery, enforcement procedures, invoice regulations, fraud prevention, and brand protection in the digital environment.
Membership Development, Training, and Communication
The Association continued to expand and diversify its membership base, while enhancing internal cohesion and professional capacity-building. Training programs were increasingly tailored to practical needs, and communication activities were strengthened through the Association’s official website and the Financial and Monetary Market Magazine, helping to enhance the visibility and influence of VNBA.
International Cooperation
International cooperation activities were expanded through participation in regional and international banking forums, contributing to the promotion of Vietnam’s banking sector and strengthening the Association’s external relations.
Recognizing Limitations and Areas for Improvement
Alongside the achievements, Chairman Pham Toan Vuong candidly pointed out several limitations that require further attention, including:
- Information sharing on risks among member institutions has not yet been fully effective;
- The application of digital technologies in the Association’s internal management and operations needs further enhancement to meet rising demands.
Leadership Perspectives at the Meeting
Mr. Pham Quang Tung - Vice Chairman of the Council of the Vietnam Banking Association - member of the Board of Directors of BIDV
Mr. Tran Van Tan - Vice Chairman of the Council of the Vietnam Banking Association - member of the Board of Directors of VietinBank
Mr. Do Viet Hung - Head of the Inspection Committee of the Vietnam Banking Association - member of the Board of Directors of Vietcombank)
During the discussion session, Council members expressed high appreciation for the Association’s 2025 performance and shared constructive views for future development.
Mr. Nguyen Quoc Hung, Vice Chairman and Secretary General, stressed that the Association must continue to improve the quality of policy advocacy, accelerate the development of codes of conduct and professional handbooks, and further enhance its role as a representative organization of the banking community.
Several Council members also emphasized the importance of strengthening professional ethics, risk governance, policy forecasting capabilities, and resource allocation to effectively handle the increasing workload in the coming period.
Key Orientations and Tasks for 2026
The Council reached consensus on the main orientations and tasks for 2026, focusing on:
- Continuing active participation in policy formulation and consultation related to banking activities;
- Timely capturing and addressing difficulties faced by member institutions;
- Organizing specialized conferences and workshops aligned with practical needs;
- Further developing professional guidelines and operational handbooks;
- Enhancing communication activities and expanding membership;
- Strengthening international cooperation;
- Preparing thoroughly for the 8th National Congress of the Vietnam Banks Association;
- Innovating training methods and improving the effectiveness of the Standing Office.
…..and other tasks aimed at improving operational efficiency in the context of deep integration.
Preparation for the 8th National Congress
A key agenda item of the meeting was the discussion of preparations for the 8th National Congress (2026–2031). The Council reviewed and provided opinions on draft reports, organizational plans, proposed amendments to the Association’s Charter, and personnel arrangements in accordance with regulations and development orientations.
Resolution and Closing
The meeting concluded with the Council unanimously adopting the Resolution of the 8th Meeting of the 7th term, affirming strong consensus on the 2025 activity report, the 2026 action plan, and preparations for the upcoming National Congress.
The successful organization of the meeting reaffirmed the Vietnam Banks Association’s determination to enhance its role, improve operational effectiveness, and continue supporting the sustainable development of the Vietnamese banking system in the new development phase.
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