Vietnam aims for 30% adult savings account ownership by 2030 (Photo: en.vneconomy.vn)
Vietnam aims to have least 30% of adults holding savings accounts by 2030, according to the draft Financial Inclusion Strategy for the 2026–2030 period.
The draft strategy, released by the National Steering Committee on Financial Inclusion, also targets 95% of the population aged 15 and above to have bank accounts by the same year.
Other key targets include providing bank loans to at least 300,000 small- and medium-sized enterprises, increasing outstanding loans for agriculture and rural development to 25%, and raising insurance industry revenue to approximately 3.5% of GDP.
To achieve these objectives, the committee plans to focus on strengthening financial institutions, expanding the range of providers, products, and services, and improving financial infrastructure. The strategy also emphasises financial literacy through the National Financial Education Programme and promoting sustainable finance.
Recognising the importance of technology, the strategy identifies digital transformation as a key tool to enhance financial inclusion. It also prioritises cybersecurity, personal data protection, and safeguarding user interests.
The committee stressed that the strategy is flexible and can be adjusted to ensure effective implementation. Its main goal is to ensure equitable access to financial services, particularly for those in remote areas, border regions and islands, and vulnerable communities, ensuring that no one is left behind.
Ultimately, the strategy seeks to promote social equity and progress while supporting economic growth and national development.
VNA
