On September 19, 2026, in Hanoi, Deputy Governor Nguyen Ngoc Canh of the State Bank of Vietnam (SBV) attended and delivered the opening remarks at the Techcombank Investment Summit 2026, themed “A Prosperous Vietnam: Creating and Passing on Values Across Generations.” The Summit served as a forum bringing together regulatory authorities, the business community, financial institutions, and investors to discuss new growth drivers and solutions for mobilizing resources for Vietnam’s economic development.
In his opening remarks, Deputy Governor Nguyen Ngoc Canh said that 2026 marks the beginning of a new development period as Vietnam pursues the goal of achieving high and sustainable economic growth while enhancing its position in global value chains. According to the Deputy Governor, to realize the aspiration of achieving double-digit growth during the 2026–2030 period, the economy needs to make a strong shift toward higher productivity, improved institutional quality, and more efficient resource allocation.
Deputy Governor Nguyen Ngoc Canh delivers the opening remarks at the Summit
The Deputy Governor emphasized that macroeconomic stability would serve as the foundation for strengthening confidence and enhancing the attractiveness of the investment environment. Effective control of inflation, stable interest rates and exchange rates, and sound management of major economic balances would enable investors to better manage risks and forecast project costs and returns more accurately, thereby encouraging businesses to make long-term investments, expand production, and reinvest.
The Deputy Governor added that one of the prerequisites for sustaining high economic growth is the synchronized development of infrastructure, particularly transport, energy, urban, logistics, and digital infrastructure. However, infrastructure projects require large amounts of capital, while their implementation and repayment periods are typically long. Therefore, in addition to the leading role of public investment, Vietnam needs to more effectively mobilize resources from the private sector, institutional investors, the domestic capital market, and international sources of long-term capital.
In this process, Deputy Governor Nguyen Ngoc Canh noted that the banking system plays an important role, but not merely as a provider of credit. Commercial banks need to gradually become comprehensive financial partners capable of advising on, structuring, and arranging appropriate financing solutions for individual projects, while strengthening their capacity in project appraisal, risk management, syndicated lending, and connecting domestic sources of capital with international funding.
The Deputy Governor stressed that credit provision must always be aligned with system safety, credit quality, and the substantive economic and social efficiency of projects.
Moreover, the Deputy Governor said that more balanced development between the money market and the capital market is needed, with a view to expanding medium- and long-term funding channels for businesses and reducing excessive reliance on bank credit.
At the discussion session, Mr. Nguyen Xuan Bac, Deputy Director General of the Credit Department of the SBV, said that the SBV has implemented various measures to facilitate credit institutions in providing capital to the economy, including infrastructure projects.
Specialized credit programs have also been introduced for key sectors, such as electricity, transport, telecommunications, and digital infrastructure. Large-scale and important projects and works with significant spillover effects that contribute to regional and local economic development objectives may be considered for exclusion from the annual credit growth limits applicable to credit institutions.
The discussion session within the framework of the Summit
The discussions at the Summit highlighted the need to further develop medium- and long-term sources of capital beyond bank credit, including through the capital market, institutional investors, and international sources of funding. Diversifying these funding channels would help meet the growing demand for infrastructure investment while reducing maturity mismatches and funding pressures on the banking system.
Deputy Governor Nguyen Ngoc Canh expressed his confidence that Techcombank Investment Summit 2026 would generate in-depth discussions and practical initiatives to unlock private-sector resources, support infrastructure development, and effectively connect Vietnam with international capital flows.