Trang Chủ
The conference was attended by Mr. Pham Bao Lam – Chairman of the Board of Directors (BoD); Mr. Dang Duy Cuong – General Director; other full-time BoD members and members of the Board of Management; Controllers; and leaders of departments and divisions at the Head Office; members of the Management Board and heads of departments from DIV’s branches across the system.
In his opening remarks, Chairman Pham Bao Lam emphasized that in the first half of 2025, with solidarity and a strong sense of responsibility, DIV had comprehensively and synchronously implemented its assigned tasks. Key initiatives such as the development and finalization of the dossier for the revised Law on Deposit Insurance; the timely implementation of the Deposit Insurance Development Strategy to 2025, with orientation to 2030; coordination in examining the safety of the people’s credit fund (PCF) system; and participation in the restructuring of weak credit institutions (CIs) had all been carried out seriously, on schedule, and with assured quality.
In order to assess the achievements, identify remaining limitations, and set out directions and tasks for the upcoming period, Chairman Pham Bao Lam called on delegates to uphold a high sense of responsibility, frankly share the challenges and obstacles encountered during their work, clearly identify the causes, and propose practical solutions to overcome them - thereby contributing to the successful realization of the goals set for 2025.
On behalf of the Board of Management, Deputy General Director Le Hung Cuong delivered the report on the performance in the first half of the year and the key orientations and tasks for the second half of 2025. According to the report, in the first six months, DIV recorded several notable achievements in researching, proposing, and implementing mechanisms and policies. In particular, DIV proactively participated in the drafting and finalization of the revised Law on Deposit Insurance, working closely with the State Bank of Vietnam (SBV) to provide feedback, reach consensus on contents, and complete the legislative dossier. The draft law has been included in the 2025 Legislative Program under Resolution No.77/2025/UBTVQH15 and is expected to be submitted to the National Assembly at its 10th session.
At the same time, the implementation of the Deposit Insurance Development Strategy continued to be promoted through the issuance and effective implementation of the 2025 Detailed Action Plan. DIV has completed all time-bound tasks set for the first half of the year and is currently preparing a mid-term review report for the 2022–2025 period, along with a mid-term review conference to evaluate outcomes, identify influencing factors, draw lessons, and provide a basis for future strategic directions.
In addition, the formulation and implementation of the Business and Development Investment Plan, digital transformation activities, and the development of governance and management documents were comprehensively carried out, contributing to enhanced administrative efficiency and gradual modernization across the entire system.
In terms of professional operations, DIV granted and revoked deposit insurance participation certificates in accordance with regulations. Insurance premium collection reached 51% of the annual plan, representing a 12.4% increase over the same period in 2024. With total capital exceeding VND 135 trillion and a professional reserve fund of more than VND 128 trillion, DIV has maintained sufficient financial capacity to effectively fulfill its mandate of protecting depositors at 1,277 insured institutions.
Supervision activities were carried out methodically and in depth, contributing to the early detection of risks and effectively supporting the SBV in managing the credit institution system. Examination tasks were implemented on schedule and with assured quality—DIV conducted regular examinations of 125 out of 238 insured institutions and 50 out of 120 people’s credit funds (PCFs) as required by the SBV.
In the first half of 2025, although no reimbursement obligations arose, DIV proactively carried out reimbursement simulations and issued the Reimbursement Manual for insured institutions. These efforts aim to standardize procedures and strengthen response capacity, with the goal of reducing the reimbursement time to 30 days. Currently, DIV has deployed 34 staff members to participate in special control boards at 28 PCFs and is cooperating with the SBV in assessing and providing feedback on recovery and resolution plans for weak PCFs in various localities.
In addition, communication efforts were professionally and strategically executed, closely following set orientations. Particular emphasis was placed on communication in support of the drafting of the revised Law on Deposit Insurance, contributing to social consensus and broad dissemination of the policy to the public. Human resource management, training, and international cooperation activities were also prioritized, contributing to capacity building, especially through learning from countries with advanced deposit insurance systems.
At the conference, delegates presented papers on key tasks for 2025, focusing on in-depth professional topics and policy directions, such as: “Revision of the Core Principles for Effective Deposit Insurance Systems: Key Changes and Implications for Vietnam”; “Deposit Insurance Payout Simulations – An Effective Measure to Enhance Risk Response Capacity”; and “Some Observations on the Handling of Administrative Violations in the Monetary and Banking Sector Based on Examinations of PCFs and the Operations of DIV.”
Speaking at the conference, Mr. Dang Duy Cuong, General Director of the DIV, acknowledged and highly appreciated the positive results achieved by the entire system in the first half of 2025. He also commended the sense of responsibility and the efforts made by all units to overcome difficulties in the implementation of their tasks.
Regarding orientations for the coming period, the General Director emphasized several key tasks that require focused resources, with top priority given to coordinating and advising on the drafting of the revised Law on Deposit Insurance. He stressed the importance of thoroughly preparing all necessary conditions to ensure immediate implementation once the Law is promulgated.
The General Director instructed the entire system to continue synchronously and effectively carrying out all areas of work, with particular focus on strictly and punctually implementing DIV's examination plan as directed by the SBV. He also emphasized strengthening coordination with regional SBV branches and proactively preparing reimbursement mechanisms and procedures to ensure readiness in the event of a payout obligation. At the same time, the quality of training and staff development must be improved, information technology infrastructure ensured, and digital transformation promoted to enhance the effectiveness of operations and governance across the system.
On the basis of consensus with the tasks and solutions outlined in the mid-year report and the speech by the General Director on behalf of the Executive Board, Chairman Pham Bao Lam delivered the closing remarks. He directed the entire system to continue promoting proactiveness, creativity, and the highest level of effort to accomplish the 2025 plan.
The Chairman affirmed that drafting the revised Law on Deposit Insurance is not only a key immediate task but also a long-term strategic mission, providing a solid legal foundation for the organization's development in the new period. The revision should expand DIV's roles and functions, address bottlenecks in governance, management, and financial mechanisms, and thereby reinforce DIV's position and elevate its role in the financial and banking system.
“I urge all units to regard this as a strategic and urgent objective, requiring a strong sense of responsibility, high concentration, and proactive coordination for effective implementation. At the same time, each staff member, employee, and manager must foster a spirit of self-learning, adaptability, and continuous capacity-building to fulfill assigned duties effectively. DIV will continue to accompany and support this process through training programs, improvements in mechanisms and policies, and the creation of favorable conditions for each individual to maximize their contributions to the sustainable development of the organization in the coming period,” emphasized Chairman Pham Bao Lam.
Within the framework of the conference, the DIV reviewed 10 years of operations of the Steering Committee and the Task Force for the Supervision, Examination, and Resolution of Problematic People's Credit Funds (PCFs) during the 2015–2025 period.
The Steering Committee was established under Decision No. 211/QĐ-BHTG132 dated April 10, 2015, issued by the General Director, with the mandate to provide in-depth direction for the supervision, examination, and resolution of weak PCFs.
Over the past decade, the Steering Committee has closely followed the directives of the Governor of the SBV, the Chairman of the Board of Directors, and the General Director of DIV to successfully fulfill regular duties while effectively handling ad hoc assignments. These efforts have played a significant role in strengthening and stabilizing the PCF system.
To acknowledge and commend the positive contributions made throughout its operations, the DIV presented awards to collectives and individuals with outstanding achievements in the supervision, examination, and resolution of problematic People’s Credit Funds (PCFs) during the 2015–2025 period.
In the second half of 2025, DIV will comprehensively, consistently, and effectively implement its activities, with a focus on the following priorities:
Implementing the drafting of the revised Law on Deposit Insurance in accordance with the plans of the SBV and DIV; closely coordinating with relevant units during the drafting process; preparing all necessary conditions for implementation once the Law is enacted; and proactively conducting communication campaigns before, during, and after the public consultation and National Assembly submission phases.
Effectively carrying out the Detailed Plan for implementing the Action Program of the Deposit Insurance Development Strategy, particularly tasks scheduled for completion in 2025; finalizing the report and organizing the mid-term review conference to evaluate the 2022–2025 implementation period.
Ensuring the effective delivery of core operations, including issuing Deposit Insurance Certificates in compliance with regulations, applying technology to streamline processes; completing the risk-based supervision methodology and indicator system; adhering to the scheduled examination plan for insured institutions and PCFs as required by the SBV; participating in special control over weak credit institutions; developing scenarios and organizing payout simulations, researching and proposing early payout mechanisms; and implementing the Deposit Insurance Communication Project to 2025, with orientations to 2030.
Coordinating and executing tasks assigned in the banking sector’s action plan; finalizing the five-year business and investment development plan of DIV for the 2025–2029 period for submission to the Prime Minister for review and approval.
Developing flexible, safe, and effective investment plans for temporarily idle capital; formulating and executing plans to purchase long-term bonds of credit institutions under mandatory transfers and commercial banks under special control as decided by the SBV; implementing procedures for special loans from the SBV in cases where the professional reserve fund is insufficient to cover insured deposits under an approved resolution plan.
Conducting international research and benchmarking; developing risk response strategies; organizing training in digital transformation and AI applications; accelerating the digital transformation process; and launching the electronic office system.
Strengthening coordination and information exchange with SBV regional branches and the Credit Information Center (CIC), adjusting coordination regulations in line with the new administrative boundaries.
Preparing to restructure the organizational apparatus towards lean and efficient operations; enhancing governance capacity, assigning personnel appropriately, and intensifying IT applications to boost productivity and operational efficiency.
Communication Department (Translation)
Link tiếng Việt: https://div.gov.vn/bao-hiem-tien-gui-viet-nam-trien-khai-nhiem-vu-6-thang-cuoi-nam-kien-dinh-muc-tieu-quyet-tam-hoan-thanh-thang-loi-nhiem-vu-nam-2025
