Boosting bank credit contributes to economic growth in the Southeast provinces

Deputy Governor of the State Bank of Vietnam Pham Tien Dung, Vice Chairman of Dong Nai Provincial People's Committee Duong Minh Dung, leaders of the State Bank of Vietnam Region 12 and the Department of Credit for Economic Sectors (State Bank of Vietnam) chaired the conference.

Vice Chairman of the Provincial People's Committee Duong Minh Dung also led the State Bank of Vietnam and the State Bank of Region 12 to chair the conference. Photo: Hai Quan

Also attending the conference were Chairman of the Provincial People's Council Thai Bao and leaders of localities in the Southeast region and many businesses, commercial banks, and associations in the area.

At the conference, Director of the State Bank of Vietnam Region 12 Ta Thanh Long reported on credit activities in the area in recent times. Accordingly, outstanding credit in the area as of the end of March 2025 is estimated at more than 1.8 million billion VND, an increase of 0.86% compared to the beginning of this year, in which Dong Nai and Ba Ria - Vung Tau are the localities that recorded quite good credit growth.

After that, credit institutions and commercial bank branches in the area presented papers and introduced preferential loan programs and credit solutions to promote economic growth, remove difficulties in capital sources for production and business activities, home loan programs with preferential interest rates, loans for social housing, etc.

Next, businesses and business associations in the Southeast provinces proposed many ideas related to promoting green credit, strengthening connection activities between banks and businesses; as well as proposing to remove difficulties and obstacles in accessing loans with preferential interest rates, credit programs in priority areas, etc.

Vice Chairman of the Provincial People's Committee Duong Minh Dung speaks at the conference. Photo: Hai Quan

Speaking at the conference, Vice Chairman of the Provincial People's Committee Duong Minh Dung shared that, regarding opinions related to supporting enterprises to invest in production, business, and access credit programs in Dong Nai, the province will strengthen the direction of relevant departments, branches, and localities to implement solutions to remove existing difficulties and obstacles. Regarding recommendations from enterprises that exceed the authority of the locality, the province will also record and synthesize them to recommend to the central ministries and branches to have appropriate handling directions, ensuring regulations.

The leaders of Dong Nai province also requested the State Bank of Vietnam (SBV) Region 12 to continue implementing preferential credit programs for people and businesses, solutions to reduce lending interest rates, promote science, technology, and digital transformation. At the same time, direct credit capital to areas that create growth momentum in the locality such as investment, export, consumption, etc.; promote credit programs for infrastructure development, social housing, programs to eliminate temporary and dilapidated houses, etc. in the area.

In his concluding remarks at the conference, Deputy Governor of the State Bank of Vietnam Pham Tien Dung acknowledged the contributions, discussions and recommendations from localities, enterprises, and business associations in the area. In the coming time, the State Bank of Vietnam will strengthen the implementation of solutions to remove existing difficulties and obstacles related to credit, banking, etc. At the same time, it will promote appropriate and effective credit programs to achieve the economic growth target of the region in particular and the whole country in general by 2025.

Deputy Governor of the State Bank of Vietnam Pham Tien Dung delivered a concluding speech at the conference. Photo: Hai Quan

The leaders of the State Bank of Vietnam also requested that the State Bank of Vietnam Region 12 continue to make efforts to adapt to the new operating model with more positive results in the coming time, as well as actively and proactively connect and coordinate with local authorities in the region to improve the efficiency of banking activities in the area.

* Some images at the conference on promoting bank credit to contribute to economic growth in region 12:

Leaders of the State Bank of Vietnam presented decisions on personnel work to heads and deputy heads of departments of the State Bank of Vietnam Region 12. Photo: Hai Quan