Some 21 commercial banks are ready to provide a VND500-trillion ($19.15 billion) credit package to support businesses investing in infrastructure and digital technology, according to Prime Minister Pham Minh Chinh.

Addressing the fourth digital transformation event in the banking sector 2025 themed “Smart digital ecosystem in the new era” in Hanoi on May 29, the PM proposed the sector to further expand this funding and offer lower interest rates to bolster national development.

The PM also called for completing legal and policy frameworks to build a robust digital banking ecosystem, with a focus on electronic payments, end-to-end online public services, and digital access for all, particularly those in remote and disadvantaged areas.

He underscored the need for modern, secure, and interoperable digital infrastructure, pushing for the use of artificial intelligence (AI), big data, cloud computing, and blockchain in banking operations.