During the meeting, IFC representatives congratulated VNBA on successfully holding its 8th Congress (2026–2031) and congratulated Dr. Dao Minh Tu on his new position. IFC representatives expressed confidence that the new leadership will continue to promote VNBA's role as a bridge to the banking community, while expanding cooperation with international organizations, including IFC.
Dr. Dao Minh Tu, Vice Chairman and Secretary General of VNBA
IFC representatives stated that since 2013, the two sides have collaborated on numerous training programs, workshops, and policy consultations in the finance and banking sector, thereby making practical contributions to the development and modernization of Vietnam's banking system.
Currently, IFC is implementing two major projects in Vietnam related to the development of the digital finance market, supply chain, and infrastructure development for digital finance, with a focus on data mining and data analysis. In addition, IFC is promoting various business areas such as supply chain finance, factoring, risk sharing, securitization of receivables, and the development of asset-based credit solutions, while supporting the refinement of the policy framework to promote a sustainable financial ecosystem.
Ms. Pham Thi Thanh Huyen, Head of the Financial Infrastructure Development Program for Vietnam and Cambodia at IFC, spoke at the working session
According to the plan, from now until the end of 2026, IFC plans to organize 17 training programs, workshops, and seminars in Hanoi and Ho Chi Minh City (both in-person and online), focusing on topics such as: international factoring, trade credit insurance, trade finance, digital finance for small and medium-sized enterprises (SME Finance), asset-based lending (ABL), data governance, personal data protection, and the application of data analytics in corporate finance and retail lending.
IFC proposed that VNBA collaborate in organizing these activities, based on the Association's important role – not only as a focal point for gathering and reflecting the opinions of member banks to the State Bank of Vietnam and regulatory agencies, but also in regularly implementing capacity-building activities for member organizations.
Speaking at the meeting, Dr. Dao Minh Tu highly appreciated the effective cooperation between IFC and the Vietnamese banking industry in recent years. He stated that during his time working at the State Bank of Vietnam, he had directly participated in many collaborative programs with IFC and highly valued the practicality and professionalism of the activities implemented by IFC.
"Programs that are consistent with the functions and tasks of the Vietnam Banking Association and bring practical benefits to the banking system will be actively implemented by the Vietnam Banking Association," Dr. Dao Minh Tu emphasized.
He also highly appreciated the training content that IFC plans to implement in 2026, especially in highly practical areas such as trade credit insurance, warehouse financing, data management, and accounts receivable-based financing – topics that are relevant to the capacity building needs of commercial banks in the context of digital transformation and increasing emphasis on risk management.
In addition, Dr. Dao Minh Tu suggested that IFC and the specialized committees of the VNBA Standing Office strengthen close coordination, proactively develop plans and schedules early to avoid overlapping with major industry programs, thereby optimizing implementation efficiency and attracting a large number of member organizations to participate.
During the meeting, the two sides also discussed the future operational trends of IFC and the World Bank Group in Vietnam, particularly in the areas of financial market development, support for the private sector, and promotion of digital finance.
At the end of the meeting, both sides expressed confidence that, building on the cooperation established over the years, joint efforts in the coming period will further strengthen the substantive, effective, and long-term partnership between VNBA and IFC.
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