State Bank of Vietnam (SBV) Governor Le Minh Hung at his first Q&A session at the National Assembly (Photo: VNA)Hanoi (VNA) – National Assembly (NA) deputies and votershighly evaluated answers of State Bank of Vietnam (SBV) Governor Le Minh Hungat the NA fourth session’s question and answer part on November 17.
Head of the NA Committee for Finance and Budget Le Thanh Van said thenew cabinet member cleared voters’ concerns by clarifying thoroughly manyissues of the banking sector, including the mobilization of gold in thecommunity for socio-economic development, the control of exchange rates andinterest rates.
Tran Hoang Ngan, a deputy from Ho Chi Minh City held that Governor Hungwas very confident of the State Bank’s performance achievements, includingsupporting economic growth, controlling inflation, stabilizing currency, andemployment.
Ngan showed support for measures dealing with weak performing creditorganizations presented by the head of the banking sector, but expressed hopesfor completing the legal framework for the credit organizations, including theadjustments to some articles of the Law on Credit Organizations.
During the November 17 sitting, NA deputies raised many questions on themanagement of monetary policy, production support, banking sector operationsafety, information technology application in administrative procedures, andmore.
Voter Phan Hai from the Da Nang Young Entrepreneurs’ Association saidthat he was impressed with SBV Governor Hung’s persuasive measures to tacklebad debts and weak credit organizations as well as his promise to reach the setcredit growth target and control credit quality.
Meanwhile, Bui Ngoc Diep, Vice President of the Small and Medium-SizedEnterprises of Ba Ria-Vung Tau province said that the banking sector shoulddesign more specific policies to support startups through helping them incapital access.
Le Nhu Tuan, Director of the Department of Agriculture and RuralDevelopment of the central province of Thanh Hoa lauded the SBV Governor’scommitments to rescheduling loans for people who have been affected by therecent floods, to help them restore normal production. -VNA
VNA
