Prime Minister Nguyen Xuan Phuc (R) hands over the State President’s decision to Nguyen Thi Hong on November 16 (Photo: VNA)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc onNovember 16 presented the State President’s decision to appoint Nguyen Thi Hongas the Governor of the State Bank of Vietnam (SBV).
At the event, PM Phuc highly valued the SBV’sproactive, drastic and timely actions to assist people and businesses hit bythe COVID-19 pandemic such as debt repayment deadline extension, interestreduction, and fee exemption.
He asked the new governor to build on herpredecessors’ achievements and lead the banking sector to fulfill its duties.
The SBV needs to push ahead with efforts toensure the control of inflation, macro-economic stability, and stable value ofthe domestic currency. It also has to increase inspection to guarantee thebanking system’s safety, curb the increase of non-performing loans (NPLs),address the existing NPLs, and apply modern technology to develop bankingproducts and services.
For her part, Hong thanked leaders of the Party,State, National Assembly, and Government for entrusting the position to her,pledging to help the central bank fulfill its tasks.
Earlier, the parliament had approved her forthis position.
Hong, 52, is the 15th Governor of the SBV andalso the first woman to hold this post in the history of Vietnam’s bankingsystem./.
VNA
