Vietnam Development Bank completes organization arrangement according to new administrative boundaries

Implementing Decision No. 90/QD-TTg of the Prime Minister on restructuring the Vietnam Development Bank (Vietnam Development Bank - VDB) for the period 2023-2027, in the first 6 months of 2025, VDB has completed the restructuring of the organizational apparatus, gradually streamlining and improving operational efficiency.

From June 1, 2025, the units assisting the General Director at the headquarters will have 12 focal points, in accordance with the management and operation orientation as required by the Government .

On June 3, 2025, based on Resolution No. 60-NQ/TW of the Central Executive Committee and Decision No. 759/QD-TTg on the arrangement of administrative units at all levels, VDB Bank organized a joint conference to discuss the plan to arrange its affiliated units according to new administrative boundaries. The conference agreed on the following principles: ensuring stability in work and staff ideology; maintaining credit growth, handling bad debts, developing new projects; not increasing the number of branches and transaction offices; basically maintaining the existing transaction offices.

According to the plan, VDB Bank will connect its network with 34 provincial administrative units. Branches are named after locations; if they operate in two or more provinces, they will be called Regional Branches. The branch headquarters will initially be located at existing facilities, while appropriate facilities will be prepared in the next phase, aiming to be located at the administrative centers of the provinces.

On that basis, the VDB Board of Directors issued Resolution No. 57/NQ-NHPT (July 4, 2025) and Resolution No. 79/NQ-NHPT (August 15, 2025) on the arrangement and piloting of the branch model operating at two facilities. After the arrangement, the entire system has 29 units: Transaction Office 1, Transaction Office 2, 3 regional branches and 24 branches. The branch model operating at two facilities is piloted in Dong Nai , Dong Thap and Tuyen Quang.

On August 15, 2025, on the occasion of the 80th anniversary of National Day, the Board of Directors and General Director of VDB Bank issued 145 decisions to establish, merge, and rename branches and transaction offices; and appoint directors and deputy directors of units. The decisions take effect from September 1, 2025, marking the new operating phase of the apparatus.

At the same time, VDB Bank received the attention and direction of the Government and the Ministry of Finance in perfecting the legal framework. Decree 78/2023/ND-CP amending Decree 32/2017/ND-CP on investment credit; Decree 95/2025/ND-CP on the organization and operation of the Development Bank; together with the proposal to amend Decree 46/2021/ND-CP on financial management and performance evaluation have created an important legal foundation for stable and transparent operation.

In human resources work, VDB Bank identifies the human factor as the key. The appointment principle is thoroughly implemented: maintaining the stability of equivalent positions after reorganization; prioritizing personal wishes; selecting department heads from the existing team; arranging the number of department leaders according to a reasonable structure (1 head, 2 deputies). Officers who must receive lower allowances will be retained for 6 months to stabilize their lives. Salary, allowance and treatment policies are issued synchronously, ensuring compliance with State regulations and operational practices.

The Board of Directors of VDB Bank affirmed that the restructuring of the apparatus not only ensures compliance with the new administrative boundaries but also opens up space for innovation for branches in implementing their tasks. This process is conducted democratically, publicly, with consensus from local officials and leaders, while focusing on the target of credit growth, handling bad debts, developing new projects and preparing resources for the next period.

In the coming time, VDB Bank will continue to improve its management system, especially the internal control model according to Basel standards and Circular 13/2018/TT-NHNN, with 3 independent lines of protection and centralized credit risk management. This direction aims to approach commercial banking practices but still maintain the characteristics of VDB - a State policy bank.

With the determination to be streamlined, transparent and effective, VDB Bank hopes that the new apparatus will help the bank promote its role as an important financial tool of the Government, contributing to the realization of socio-economic development goals, ensuring social security and promoting innovation.

Thu Loan

Source: https://vietnamnet.vn/ngan-hang-phat-trien-viet-nam-sap-xep-xong-bo-may-theo-dia-gioi-hanh-chinh-moi-2440821.html