Deputy Prime Minister Le Thanh Long attended and delivered a speech at the 11th Congress of the Party Committee of the Vietnam Bank for Agriculture and Rural Development ( Agribank ), term 2025-2030 - Photo: VGP/Duc Tuan
On the morning of August 2, Deputy Prime Minister Le Thanh Long attended and delivered a speech directing the 11th Congress of the Party Committee of the Vietnam Bank for Agriculture and Rural Development (Agribank) for the 2025-2030 term. Also attending were Vice Chairwoman of the National Assembly Nguyen Thi Thanh and leaders of several ministries and branches.
Outstanding loans to the economy reached over 1.8 million billion VND
The Congress was attended by 288 outstanding delegates, representing the will and aspirations of more than 24,500 party members in the entire Agribank Party Committee.
Delegates perform the flag salute ceremony - Photo: VGP/Duc Tuan
Implementing Directive No. 45 of the Politburo and Plan No. 07 of the Government Party Committee, the Agribank Party Committee has led and directed the successful organization of congresses at 1,740 affiliated grassroots party organizations, well preparing for the 11th Congress, term 2025-2030; at the same time, promoting emulation movements, achieving many achievements to welcome the Congress.
Through the Reports and comments, it can be seen that in the 2020-2025 term, although the world and regional situation has many rapid and complicated changes, the Agribank Party Committee has been united, determined, focused on intelligence and resources, effectively implemented solutions, achieved and exceeded the set goals and targets.
The Congress was attended by 288 outstanding delegates, representing the will and aspirations of more than 24,500 party members in the entire Agribank Party Committee - Photo: VGP/Duc Tuan
Party building work was carried out methodically, systematically and in accordance with regulations. Political tasks were focused on and achieved important results.
By the end of June 2025, outstanding loans to the economy reached over 1.8 million billion VND; the bad debt ratio according to the restructuring plan decreased sharply to 1.79%; mobilized capital reached over 2.1 million billion VND, being one of two banks with a scale of capital mobilization from customers reaching over 2 million billion VND.
In particular, during the 2020 - 2025 term, Agribank has spent more than VND 2,600 billion to carry out social security work, demonstrating the responsibility of a 100% state-owned commercial bank with a large scale, key and dominant in the market, playing an important role in investing in the development of "Tam Nong", contributing to stabilizing the macro economy, effectively implementing the monetary and credit policies of the State Bank.
Photo: VGP/Duc Tuan
Maintain position as one of the leading commercial banks
On behalf of the Government Party Committee, Deputy Prime Minister Le Thanh Long congratulated and commended the efforts and achievements that the Party Committee and the entire Agribank system have achieved, making important contributions to the overall achievements of the whole country.
Deputy Prime Minister listens to introduction about Agribank tradition - Photo: VGP/Duc Tuan
The 11th Agribank Party Congress took place at a time when our country was entering a new era of development with many important policies on restructuring the apparatus, merging administrative units; removing bottlenecks in development institutions; developing science, technology, innovation and digital transformation; promoting private economic development; international integration in the new situation. These are historic decisions, bringing new development space to fields, including the banking industry as well as Agribank.
In that context, the Deputy Prime Minister suggested that the Congress study and carefully evaluate the achieved results; analyze the causes and lessons learned; closely forecast the situation, propose key directions and tasks to build Agribank as a leading financial institution, playing a pivotal and key role in providing credit and banking services to the agricultural and rural sectors, contributing to the prosperous development of the agricultural and rural areas; promote a comprehensive financial strategy, and pioneer in green, sustainable development and digital transformation.
Deputy Prime Minister congratulates the Congress - Photo: VGP/Duc Tuan
Agreeing with the goals, tasks and solutions stated in the Political Report of the Agribank Party Committee, the Deputy Prime Minister noted some additional contents.
Firstly, continue to focus on building a clean and strong Party organization; combine Party building with building corporate culture. Fully perform the functions, tasks and powers of the grassroots Party Committee in state-owned enterprises; promote the direct and comprehensive leadership role of the Party Committee in Agribank's operations.
Second, thoroughly grasp the guidelines and policies of the Party and State, effectively implement the Agribank development strategy for the period 2026 - 2030, with a vision to 2035; focusing on modernization, capacity building, safety assurance, innovation, and providing better products and services to people and businesses.
Third, continue to promote the key role in leading the market; focus on safe and effective credit growth, directing credit to production and business sectors, priority sectors, growth drivers, and credit for agriculture and rural areas; actively participate in and contribute to stabilizing and developing the financial market; successfully carry out digital transformation and effectively implement social security programs.
Fourth, promptly research and implement preparations for equitization in accordance with the provisions of the Law on Management and Investment of State Capital in Enterprises and related legal provisions, including the Decree on restructuring state capital invested in enterprises after being approved by the Government in early August 2025. Strive to increase the scale of outstanding credit to contribute to the target of double-digit growth in the period after 2025.
Fifth, continuously improve research, analysis, forecasting capacity, quality of development and implementation of business strategies and plans; at the same time, strengthen consulting, advising and criticism in the development and implementation of economic, financial and banking development policies.
"In the new era, we believe that, with the mindset, strategic vision and aspiration to contribute; inheriting and promoting the fine tradition of more than 37 years of construction, development and achievements, the Party Committee of Agribank will lead and direct the successful implementation of the set goals, build a multi-functional, modern and professional Agribank, maintain its position as one of the leading commercial banks, and make important contributions to the country's rapid and sustainable development", the Deputy Prime Minister emphasized.
RESULTS OF RESOLUTION IMPLEMENTATION
AGRIBANK PARTY CONGRESS FOR TERM 2020-2025
On Party building work:
(1) Agribank Party Committee has been classified as having completed its tasks well for 5 consecutive years;
(2) Party members completing their tasks well reached 89.9%/year;
(3) Admitted 5,686 party members, exceeding the rate set by the Party Committee of the Bloc by 3-4%/year;
(4) The Trade Union and Youth Union have fulfilled their functions and tasks well, promoted the role of each organization, and achieved the title of strong and excellent every year.
On performing political tasks:
(1) Total assets increased by 9.0%/year;
(2) Mobilized capital (TT1) increased by 9.2%/year;
(3) Outstanding loans to the economy increased by 8.95%/year;
(4) Pre-tax profit increased by 16.3%/year;
(5) Service revenue increased by 17.2%/year;
(6) The ratio of income from non-credit service activities/total income reaches 17.5%/year;
(7) The bad debt ratio according to Circular 02 is 1.58%;
(8) Return on Equity (ROE) reaches 19.2%/year; Comply with operational safety ratios as prescribed by the State Bank and ensure the lives and income of employees, and fulfill the obligation to contribute to the State budget.
Duc Tuan
Source: https://baochinhphu.vn/xay-dung-agribank-la-dinh-che-tai-chinh-hang-dau-cho-linh-vuc-tam-nong-102250802104231143.htm
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