STRATEGIC ORIENTATION
. Be a Government policy-based bank, its operations are not-for- profit, aiming to sustainment, efficiency, ensuring sufficient capacity to implement investment & export credit policies of the State.
. Support socio-economic development, VDB becomes an independent DFI in terms of funds and operation.
. Operate actively and dynamically in the financial market to improve capital efficiency and optimize the social resources for the economy.
. Continue to enhance its institutional capacity aiming to build up VDB’s autonomy in operation with less state’s support.
. Improve VDB’s organization and operations in compliance with international practices.
. Improve credit quality; strengthen risk management system.
. Targets achieved by 2015:
+ Disbursement: 4%-5% of the total social investment in average.
+ Total assets growth rate: 15%/year;
+ Funding and credit growth rate: 15%/year;
+ NPLs≤ 5% and CAR ≥ 15%.
. Restructure banking activities to 2020:
+ Determine CAR achieving 10% by 2020, VND 30,000 billion equity in 2020 (~USD 1.4 billion), bad debt ratio at 4% - 5% in 2020.
+ Improve revenue and expenditure balance, reduce subsidies from the state budget to ensure the financial self-control in operation from 2020.
+ Modernize banking technology.