The disclosure of business plans—highlighting core objectives such as credit growth, profit expansion, and the management of non-performing loan ratios—draws the attention of markets and investors during the shareholder meeting season. Yet beneath these headline figures lies a far more intricate challenge: each bank must carefully balance shareholder expectations with regulatory credit growth limits, its own capital strength and asset quality, and the strategic direction set by the State Bank of Vietnam (SBV). The shareholder meeting season is always a time when the market pays close attention to banks’ growth signals. Unlike many other industries, a bank’s business plan does more than outline the ambitions of its management board—it also reflects how the institution interprets the broader macroeconomic environment and manages risk. In essence, such a plan serves as a financial blueprint, where every figure is shaped by the credit growth quota assigned by regulators, the bank’s capital strength, and the quality of its loan portfolio. This year’s context makes the issue even more significant, as credit growth is once again expected to play a central role in supporting the economy amid the nation’s ambitious 10% growth target. While the SBV is pushing for robust credit expansion across the system, […]