SBV strengthen cooperation with foreign partners
State Bank of Vietnam (SBV) appreciated the support and cooperation of international organizations to help the central bank to fulfill the role of government representatives at financial institutions, international currency.
Deputy Governor Nguyen Thi Hong said that the socio-economic situation of Vietnam in 2015 has made positive changes, track on most of the field and achieved encouraging results. The process of economic restructuring associated with renewing the growth model and has achieved initial results, including the restructuring of commercial banks that has been strengthened and has achieved positive results.
In 2015, the banking industry has attempted and accomplished many important tasks. Central bank monetary policy management is initiative, flexibile, and close coordinated with fiscal policy and other macroeconomic policies to actively control inflation targets, ensuring macro-economic stability tissue, promote economic growth and support the development of financial markets in order to increase capacity to mobilize capital for development investment.
Throughout the process, the central bank has received the support and the policy with invaluable financial institutions, the International Monetary as WB, IMF, ADB, etc; Community bilateral donors and multilateral foreign credit institutions in Vietnam.
SBV has listened seriously to acquire the comments in the course of construction, completed the legal framework and operating policies of the central bank.
In addition, the central bank also highly appreciate the support and cooperation of international organizations to help the central bank to fulfill the role of government representatives at the financial institution, the International Monetary.
Next time, the central bank will continue to strengthen cooperation and coordinate closely with international partners in implementing the program, cooperation projects, while improving the legal framework for banking activities to create a fair business environment, favorable and consistent with international standards for credit institutions in Vietnam.
Deputy Governor expressed the desire of the international organizations, foreign credit institutions in Vietnam will continue to develop its role as a positive factor to promote the improvement and innovation in the banking system in Vietnam, contributing to the stability development of financial market and the country's economy.
The financial institution, the International Monetary and foreign credit institutions in Vietnam, congratulated the achievements that Vietnam has made in socio-economic development, simultaneously, appreciate the effectiveness of policy decisions that the Government of Vietnam and the State Bank has made in implementing the target of curbing inflation, stabilizing macroeconomy, ensuring social security and maintaining economic growth. The financial institution, the International Monetary and foreign credit institutions in Vietnam and affirmed to continue companionship, cooperation with Vietnam in the process of socio-economic development.
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