The State Bank of Vietnam (SBV) reported that Governor Nguyễn Thị Hồng led an SBV delegation to the Bank for International Settlements (BIS) regular Governors’ meeting in Cape Town, South Africa, and for the first time chaired the Asian Consultative Council (ACC) Governors’ meeting since becoming ACC Chair in September 2024. Discussions focused on regional macro-financial developments, emerging trends and policy issues in a volatile global environment. The delegation also attended the BIS Global Economy Meeting and the Governors’ Plenary, forums for sharing updates on international economic and financial market developments and central banking priorities. On the sidelines, the Governor held bilateral meetings with the BIS Asia-Pacific Regional Office, the Monetary Authority of Singapore, Bank Indonesia and the Reserve Bank of India on monetary policy operations, banking sector developments and future cooperation, and met Viet Nam’s Ambassador to South Africa (also accredited to Botswana) and the Governor of the South African Reserve Bank to review bilateral cooperation in economic, monetary and banking matters.
State Bank of Vietnam 2025-03-03
State Bank of Vietnam Governor chairs BIS Asian Consultative Council meeting at Cape Town governors gathering
Governor Nguyễn Thị Hồng of the State Bank of Vietnam chaired the Asian Consultative Council Governors’ meeting at the Bank for International Settlements in Cape Town, focusing on regional macro-financial developments and policy issues. The delegation also participated in the BIS Global Economy Meeting and held bilateral discussions with several central banks on monetary policy and banking sector cooperation.