The State Bank of Vietnam

The decision makers in The State Bank of Vietnam are Cao Hoang Ha, Dao Ha, Hien Nguyen Thi Thu, etc. Click to Find The State Bank of Vietnam decision makers emails.

The State Bank of Vietnam offers a range of services including the issuance of currency, regulation of monetary policy, management of foreign exchange, and supervision of the banking sector. It also provides banking services such as payment systems, financial stability measures, and consumer protection in banking activities.

The State Bank supports financial institutions by providing regulatory frameworks, conducting monetary policy to ensure liquidity, and facilitating access to funding through various lending programs. It also offers training and resources to enhance the operational capabilities of banks and financial entities.

To ensure financial stability, the State Bank of Vietnam implements macroprudential policies, conducts stress testing of financial institutions, and monitors systemic risks. It also collaborates with international organizations to align its practices with global standards and enhance the resilience of the banking sector.

While the State Bank primarily serves as a regulatory body and central bank, individuals can access certain services such as currency exchange and information on financial regulations. For most banking services, individuals are advised to approach commercial banks and financial institutions regulated by the State Bank.

The State Bank of Vietnam actively promotes digital banking by establishing a regulatory framework that encourages innovation and the adoption of technology in banking services. It supports initiatives aimed at enhancing cybersecurity, improving digital payment systems, and fostering financial inclusion through digital channels.

Businesses can benefit from the policies of the State Bank of Vietnam through access to credit facilities, favorable interest rates, and various financial products designed to support growth and investment. The State Bank also provides guidance on foreign exchange management and risk mitigation strategies to enhance business operations.