On 27 April 2023, the Party Committee of the Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) held a Midterm Review Meeting on the implementation of the Resolution of the bank’s 14th Party Congress (2020-2025). The meeting was attended in-person by 257 participants and via video conference by 1,310 participants at 261 sites in Vietnam and abroad.

Mr. Ho Xuan Truong - Deputy Secretary of the Party Committee of the Central Business Bloc and representatives of the Central Inspection Commission, Central Committee for Internal Affairs, representatives of leaders of departments and agencies under the Party Committee of the Central Business Bloc were in attendance.

The meeting reviewed the implementation of the Party Congress’s Resolution for the 2020-2023 period and determined directions and tasks for the 2023-2025 period towards the goals and tasks set by the XIV BIDV’s Party Congress.

Mr. Phan Duc Tu - Member of the Executive Committee of the Central Business Bloc, Secretary of BIDV’s Party Committee, Chairman of BIDV’s Board of Directors delivered an opening speech

Speaking at the Meeting, Mr. Phan Duc Tu - Secretary of BIDV’s Party Committee, Chairman of BIDV’s Board of Directors emphasized:

The mid-term review meeting on the implementation of the Resolution of the 14th Party Congress took place amidst the profound changes and turning points in the Party organization and development at BIDV. This is an important political event with great significance in the 66-year history of development of the Joint Stock Bank for Investment and Development of Vietnam. For the first time, BIDV’s Party Committee officially became the bank-wide party with 246 grassroots party cells, 11,008 party members at the Head Office and member units in Vietnam and overseas. This marks a new milestone with centralization and consistency in leadership and direction of activities from party works to political tasks and mass organization throughout BIDV’s system.

The meeting report affirmed that BIDV’s Party Committee has performed well the leadership role in the efforts to implement a series of measures for the Covid-19 prevention and fighting to ensure the safe and smooth operation of the system, actively implement measures to support and promote economic recovery; act as a role model in implementing monetary policies of the Government and the SBV, contributing to the financial - monetary stable market; successfully achieve the business plan targets, and promote institutional reform for a sustainable development following the Development Strategy Scheme for the 2020 - 2025 period, vision to 2030. As of 31 March 2023, BIDV’s Party Committee had completed and exceeded the Party development targets for the 2020 - 2023 period, set forth by the Resolution of the 14th Party Congress. 119 grassroots party cells also fully achieved the Party development targets.

Mr. Tran Xuan Hoang - Standing Deputy Secretary of BIDV’s Party Committee, Member of the Board of Directors, Chairman of BIDV’s Trade Union, presented the midterm review report on the implementation of the Resolution of the 14th Party Congress (2020-2025).

With those efforts, BIDV’s Party Committee was recognized excellent performance for 2 consecutive years. The Bank strongly affirms its number one position by total assets, stably maintaining market share and position, promoting the key role as a state-owned commercial bank in the implementation of the national monetary policy, protecting and developing State capital, ensuring employment and income for employees, well implementing social security and corporate social responsibilities. The above results showed that the Party development work has been strictly followed by the Party Committee of BIDV and 119 grassroots party cells in compliance with the direction of the superior Party Committee.

In his keynote speech, Mr. Ho Xuan Truong - Deputy Secretary of the Party Committee of the Central Business Bloc highly appreciated the proactive and timely action of BIDV’s Party Committee in organizing the bank-wide Party Conference, acknowledging BIDV’s past achievements.

In the 2020-2023 period, BIDV’s Party Committee has made comprehensive achievement in the party development work as well as political tasks. This encouraging result shows the efforts, determination and wise direction of the Party Committee, contributing to enhancing BIDV’s role and position in socio-economic development of the country. 

Mr. Ho Xuan Truong - Deputy Secretary of the Party Committee of the Central Business Bloc spoke at the Conference

For the incoming tasks, Mr. Ho Xuan Truong requested BIDV’s Party Committee to focus on the following: (i) Party activities of party cells need to be implemented following the direction of the superior Party Committees, in accordance with specific context and assigned tasks of the enterprises; (ii) The leadership objectives to carry out party development tasks should be thoroughly cascaded to party organizations throughout the system.

The 2023 - 2025 period is said to be decisive for the successful implementation of the Resolution of the bank’s 14th Party Congress, in the context that the BIDV Party Committee has become the bank-wide party, with strict connection between in party development leadership and business performance leadership. The meeting agreed to maintain the development perspectives, general objectives, and breakthroughs outlined in the Resolution of the 14th Party Congress, maintain the qualitative indicators, and adjust the quantitative indicators in a more advanced, highly feasible manner, relevant to the Party's size and business tasks and development strategy to 2025.