Seminar "Implementing the National Financial Inclusion Strategy: Opportunities for business households to access financial technology, promoting growth"

At 8:30 a.m. today (October 17) at the headquarters of the Editorial Department of Nhan Dan Newspaper, 71 Hang Trong, Hanoi, Nhan Dan Newspaper in collaboration with the Institute of Digital Economic Development Strategy (IDS) organized a live broadcast of the discussion "Implementing the National Financial Inclusion Strategy: Opportunities for business households to access financial technology, promoting growth".

The seminar was attended by representatives of the Ministry of Industry and Trade, Ministry of Science and Technology, Ministry of Finance , State Bank of Vietnam (SBV), the National Assembly's Economic and Financial Committee, the National Assembly's Committee on Science, Technology and Environment, along with many economic and financial experts, representatives of the technology start-up business community, financial technology enterprises (Fintech), domestic and international investors.

Financial inclusion is not only a tool to support social security, but also a foundation for inclusive socio -economic development. In Vietnam, the Government has proactively grasped the trend by cooperating with the World Bank (WB) to build a national strategy on financial inclusion. On January 22, 2020, the Prime Minister signed Decision No. 149/QD-TTg approving the National Financial Inclusion Strategy to 2025, with a vision to 2030. The key objective is to maximize access to and use of appropriate, safe, and affordable financial products for all people, especially vulnerable groups and small businesses.

In the process of concretizing and putting mechanisms and policies from the Strategy into life, the Fintech business community in Vietnam is one of the pioneering forces in flexibly applying the Party and State's policies and guidelines on comprehensive finance as well as private economic development.

Mr. Le Quoc Minh, member of the Party Central Committee, Editor-in-Chief of Nhan Dan Newspaper, Deputy Head of the Central Propaganda and Mass Mobilization Commission, Chairman of the Vietnam Journalists Association , said: Vietnam currently has more than 5 million business households, contributing approximately 30% of GDP, creating more than 10 million jobs. Resolution No. 68-NQ/TW, dated May 4, 2025, of the Politburo on private economic development clearly states: "Review and perfect the legal framework on individual businesses; minimize the gap, create all favorable conditions for management organization and financial and accounting regimes to encourage business households to transform into enterprises". Supporting business households to access financial technology and convert to enterprise models is one of the necessary solutions that has been strongly implemented in the market in recent times. Thereby, contributing to promoting the private economy, improving competitiveness and creating larger budget revenue.

“The important convergence point in Resolution No. 57/NQ-TW and Resolution No. 68/NQ-TW of the Politburo is the institutional breakthrough for innovation, eliminating prejudices about the private sector, strongly renewing thinking, ensuring all freedoms of business, fair competition, protecting the rights of entrepreneurs and business households so that each individual and each business household can truly be a pioneer on the new economic front of the country. Building a transparent, stable, safe business environment and accompanying businesses will be the foundation for building trust and unleashing internal strength - which is also an urgent task that policy makers, the business community and the press agencies must join hands to carry out,” Mr. Le Quoc Minh emphasized.

At the seminar, the IDS Research Team will introduce the monograph “Inclusive Finance: Driving Force for High Growth in the 2026-2045 Period”. This is a product written on the basis of collecting and distilling information from the scientific research topic “National Inclusive Finance Strategy: New Ways to Access Capital for Small, Micro and Household Enterprises in Vietnam” conducted by IDS.

TECHNOLOGY DEPARTMENT

Source: https://nhandan.vn/toa-dam-thuc-thi-chien-luoc-tai-chinh-toan-dien-quoc-gia-co-hoi-de-ho-kinh-doanh-tiep-can-cong-nghe-tai-chinh-thuc-day-tang-truong-post915925.html