Vietnam must significantly increase capital mobilisation from private sectors, domestic capital markets, and international investors to support infrastructure development and sustain its ambitious growth goals, according to officials speaking at the Techcombank Investment Summit 2026 in Hanoi on Saturday.
Nguyen Ngoc Canh, deputy governor of the State Bank of Vietnam (SBV), emphasized that 2026 marks the start of a new development phase as Vietnam aims for high and sustainable growth while strengthening its integration into global value chains. To achieve double-digit growth between 2026 and 2030, the country will need marked improvements in productivity, institutional quality, and efficient allocation of resources.
Maintaining macroeconomic stability remains critical to fostering investor confidence and creating an attractive investment climate. Nguyen highlighted the importance of stable inflation, interest rates, exchange rates, and balanced economic fundamentals as necessary conditions for enabling long-term investment decisions. The SBV plans to pursue a proactive and flexible monetary policy, coordinating closely with fiscal and other economic measures to maintain overall stability.
Infrastructure sectors identified as vital to continued growth include transport, energy, urban development, logistics, and digital technology. Nguyen noted that capital requirements for such projects are substantial, with long implementation and payback periods. While public investment will lead these efforts, Vietnam must improve how it draws resources from the private sector, institutional investors, domestic capital markets, and international long-term funding sources.
The deputy governor called on banks to evolve beyond their traditional credit role into comprehensive financial partners capable of advising, structuring, and facilitating funding solutions tailored to specific projects. Strengthening project appraisal, risk management, syndicated financing, and connecting domestic capital with international sources were cited as priorities.
Furthermore, Nguyen advocated for a more balanced development of Vietnam’s money and capital markets, including expanding availability of medium- and long-term financing channels for enterprises. He described a transparent, multi-layered, and efficiently functioning financial ecosystem as essential for easing maturity mismatches on the banking system and enhancing resilience against external shocks and economic volatility.
The deputy governor stressed the need for rapid economic growth to align with macroeconomic stability, disciplined capital mobilisation, innovation, and effective risk management.
Jens Lottner, chief executive officer of Techcombank, described Vietnam’s economy as demonstrating strong resilience despite global uncertainties. He pointed to ongoing structural reforms and accelerating infrastructure investments as positive factors supporting economic performance, noting that challenges such as international tariff tensions and the conflict in the Middle East have not significantly dampened the market’s momentum.