The State economy plays a leading role in guiding and driving key sectors of the national economy. In the new stage of development, enabling the State economy to improve efficiency and strengthen its pioneering, leading and pathfinding role has become an important task for the Party, the State and the entire political system. Along this journey, the banking sector is regarded as one of the key forces in providing capital, maintaining macroeconomic stability and creating a solid financial foundation for the State economy to fulfill its mission.

On January 6, 2026, the Politburo issued Resolution No. 79-NQ/TW on the development of the State economy, reaffirming the State economy’s leading role in the socialist-oriented market economy. The Resolution emphasizes the State economy’s responsibility for maintaining macroeconomic stability, ensuring major economic balances, guiding strategic development, safeguarding national defense and security, and contributing to social welfare. It also highlights the need for the State economy to take the lead in creating development momentum, opening new pathways, promoting industrialization and modernization, restructuring the economy, and establishing a new growth model driven by science and technology, innovation and digital transformation.

In implementing Resolution No. 79-NQ/TW, the State Bank of Vietnam has issued an Action Program aimed at enhancing the effectiveness, innovation and development of the State economy in the new period. Under this program, the banking sector is focused on renewing leadership and management approaches, shifting from administrative management to development-oriented governance, modern management practices and decisive action. At the same time, efforts are being made to review and remove institutional bottlenecks and improve the effectiveness and efficiency of management and governance across the entire banking system.

Over the years, the State Bank of Vietnam has played a development-oriented role through the flexible management of monetary policy, contributing to macroeconomic stability, inflation control and the flow of credit to the economy. In 2025, total outstanding credit reached approximately VND 18.4 quadrillion, up 17.87% compared with the end of 2024, with nearly VND 2.79 quadrillion injected into the economy. At the same time, the State Bank of Vietnam has continued to propose improvements to the legal framework, coordinate interest rate policies, streamline administrative procedures and promote a comprehensive digital ecosystem to support the sustainable development of the business community.

As one of Vietnam’s leading state-owned commercial banks, Agribank continues to play an important role in providing key credit resources, prioritizing green sectors and digital technologies, and contributing to the goal of achieving high economic growth. Agribank’s credit not only serves as a growth driver for customers, particularly the business community, but also provides strong support for the sustainable development of agriculture.

By the end of 2025, Agribank’s total outstanding credit had reached nearly VND 2 quadrillion, up nearly 15% compared with the end of 2024. Outstanding green credit totaled VND 28.356 trillion, focusing on clean agriculture, sustainable forestry, renewable energy, environmental remediation and the circular economy. Agribank’s total assets reached nearly VND 2.7 quadrillion, while total mobilized funds exceeded VND 2.3 quadrillion, up 13.4%. Outstanding loans to the economy reached nearly VND 2 quadrillion, up 14.7% — the highest growth rate since 2021. Agribank’s operations have continued to maintain safety and efficiency, making significant contributions to the State budget and creating a solid foundation for the next stage of development.

Alongside its business activities, Agribank has actively fulfilled its social responsibility by sharing the burden of social welfare with the Party, the State and the community. During the 2021–2025 period, Agribank contributed nearly VND 2.7 trillion to social welfare programs. In 2025 alone, the Bank allocated nearly VND 600 billion to social welfare activities, including approximately VND 100 billion in disaster relief support.

The banking sector can be considered the lifeblood of the economy, playing an important role in maintaining macroeconomic stability, controlling inflation, and supporting economic recovery and growth. In this context, the determination of the banking sector as a whole, and Agribank in particular, continues to reaffirm its pioneering role in creating momentum for businesses, the State economy and society to achieve sustainable development and deeper integration in the new era.

Kylie Nguyen