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Prime Minister chairs conference with banks to boost growth

Việt NamViệt Nam11/02/2025

Prime Minister Pham Minh Chinh suggested using banking leverage to promote and exploit unique potentials, outstanding opportunities, competitive advantages, and create motivation and impulse for national development.

Prime Minister Pham Minh Chinh with leaders of commercial banks. (Photo: Duong Giang/VNA)

On the morning of February 11, at the Government Headquarters, Prime Minister Pham Minh Chinh chaired the Government Standing Committee Conference to work with commercial banks to accelerate, break through, promote growth and control inflation.

Attending the conference were Permanent Deputy Prime Minister Nguyen Hoa Binh; Deputy Prime Ministers Tran Hong Ha, Le Thanh Long, Ho Duc Phoc; Ministers, Heads of ministerial-level agencies, Government agencies; leaders of 20 commercial banks and social policy banks.

In his opening speech, conveying the best wishes of General Secretary To Lam and other Party and State leaders to the delegates, the Prime Minister emphasized that 2024 has passed in a context of many difficulties and challenges.

Prime Minister Pham Minh Chinh opens the Government Standing Committee's working session with commercial banks. (Photo: Duong Giang/VNA)

Under the leadership of the Party, regularly and directly led by the Politburo, the Secretariat, headed by the General Secretary; the participation of the entire political system, the people, businesses and the support of international friends, the whole country has strived to overcome all difficulties, achieving important and comprehensive achievements in all fields; completing 15/15 basic targets, of which 12 targets were exceeded.

After nearly 40 years of renovation, "Our country has never had the foundation, potential, position and international prestige as it does today."

In the development process of the country, there is a contribution from the banking industry, commercial banks - with the role of the blood vessels of the economy.

Appreciating and praising the banking sector's contribution to the country's development, the Prime Minister said that 2025 is identified as the year of acceleration and breakthrough to reach the finish line for the entire 2021-2025 term. The Government has set a target of achieving a growth rate of at least 8%, creating momentum, creating momentum, creating momentum for our country to grow by double digits in the following years, achieving two 100-year goals (by 2030, the 100th anniversary of the founding of the Party and by 2045, the 100th anniversary of the founding of the country).

Representatives of commercial banks attending the conference. (Photo: Duong Giang/VNA)

Since the beginning of the year, the world situation has changed rapidly and there have been many policies affecting Vietnam. The Government Standing Committee has organized a conference with banks to analyze and evaluate the situation, and at the same time listen to the opinions of the business and banking community.

Prime Minister Pham Minh Chinh asked delegates to carefully analyze difficulties, challenges, advantages and opportunities; propose and contribute solutions with the participation of the banking system to renew traditional growth drivers such as investment, export and consumption; and promote new growth drivers.

Especially giving advice to the Government on direction and management, especially on institutions; what the Government and ministries and branches must do "clearly define people, clear work, clear responsibilities, clear time, clear products" so that the banking industry can develop better.

With the motto "resources come from thinking, motivation comes from innovation, strength comes from people and businesses," the Prime Minister suggested using banking leverage to promote and exploit different potentials, outstanding opportunities, competitive advantages, creating motivation and impulse for national development./.


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