Sunday, 17/08/2025
   

SBV implements legal regulations on international integration

The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2971/QD-NHNN with the Plan to implement Resolution No. 153/NQ-CP dated May 31, 2025.

The plan aims to institutionalize and fully and seriously implement the viewpoints, objectives, tasks and solutions stated in Resolution No. 153/NQ-CP and Decision No. 112/QD-TTg. At the same time, it identifies specific tasks for agencies and units under the State Bank to develop annual plans, organize implementation, inspection and evaluation of the implementation of tasks in Resolution No. 153/NQ-CP and Decision No. 112/QD-TTg.

The plan aims to realize the goal of improving the quality, effectiveness, comprehensiveness and breadth of international integration; promoting the country's potential and advantages; maintaining a peaceful and stable environment; contributing to the construction, development and protection of the Fatherland; at the same time, building an independent, self-reliant, self-reliant, fast-growing and sustainable economy; improving the effectiveness of international economic integration; Ensuring economic growth based on macroeconomic stability, science and technology development and innovation; strengthening national comprehensive strength; enhancing the country's role, position and international prestige; contributing to making Vietnam a developed, high-income country with a socialist orientation by the mid-21st century.

Units under the SBV shall synchronously, resolutely and substantially implement the specific tasks in the Appendix attached to the Plan to achieve the highest efficiency.

Specifically, the main task groups include: Organizing the dissemination and implementation of the contents of Resolution 153/NQ-CP and Decision 112/QD-TTg to the entire SBV system and related units. Building and perfecting mechanisms and policies in line with international commitments in the banking sector. Improving the capacity of staff in negotiating and implementing international commitments, especially new-generation free trade agreements. Strengthening coordination between the SBV and ministries, branches, localities and international organizations in implementing integration tasks. Promote the application of information technology and digital transformation to serve the work of integration, supervision, management, etc.

The budget for organizing the implementation of activities in the Plan is arranged from the annual budget allocated by the State Bank to the units and other legal sources of funding at home and abroad (if any).

Regarding the organization of implementation, the Plan stipulates: Based on the main tasks in the Action Program and the assigned functions and tasks, the Heads of relevant units are responsible for regularly checking and urging the development and implementation of specific activities of their units, ensuring timely and effective implementation of the contents of the Plan.

The Department of International Cooperation is the leading unit, responsible for guiding, urging, monitoring, and synthesizing the implementation of tasks assigned to the units; when requested, reporting to the State Bank's leaders to report to the Government on the implementation of the Plan.

The Finance and Accounting Department shall ensure the allocation of appropriate funding sources for units to perform tasks and coordinate reporting to the SBV's Leadership on financial issues to implement the Plan.

In the process of organizing the implementation of the Plan, in case of any difficulties or need to amend or supplement tasks or activities, the Heads of the units shall proactively propose and report to the SBV Governor (through the Department of International Cooperation) for consideration and decision.

Decision No. 2971/QD-NHNN takes effect from August 13.

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