The State Bank of Vietnam reported that Deputy Governor Nguyen Ngoc Canh participated in the 13th ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM 13), held online under the Philippines’ ASEAN 2026 chairmanship. The meeting reviewed regional and global economic and financial developments and reaffirmed priorities to advance ASEAN financial integration while maintaining macroeconomic and financial stability. Against a backdrop of geopolitical tensions, trade risks, capital flow volatility and supply chain disruptions, participants emphasised stronger policy coordination and endorsed key chair priorities including building a sustainable and resilient ASEAN capital market, promoting regional payment connectivity and improving financial health. On banking integration, the meeting noted completion of the review of the ASEAN Banking Integration Framework and adopted the ABIF 2.0 Guidelines, intended to improve clarity and consistency of implementation while better reflecting differing levels of readiness across member states. On cross-border payments, governors highlighted the need to increase transparency, harmonise regulation and enhance interoperability, noting that by end-2025 ASEAN had established 29 QR-code and fast P2P transfer linkages within the bloc and with external partners. Nguyen Ngoc Canh supported the Philippines’ initiatives, including climate change response, stronger cross-border supervision and higher governance standards, and indicated the State Bank of Vietnam will continue working with ASEAN counterparts to implement agreed initiatives, particularly on regional payment connectivity and financial health, in line with each member’s development conditions and implementation capacity.
State Bank of Vietnam 2026-04-10
State Bank of Vietnam joins ASEAN finance ministers and central bank governors in endorsing ABIF 2.0 guidelines and cross-border payment connectivity
The State Bank of Vietnam reported that Deputy Governor Nguyen Ngoc Canh attended the 13th ASEAN Finance Ministers and Central Bank Governors Meeting, which reviewed economic and financial developments and reaffirmed priorities for ASEAN financial integration and stability. The meeting endorsed priorities on sustainable, resilient capital markets, regional payment connectivity and financial health, adopted the ASEAN Banking Integration Framework 2.0 Guidelines, and stressed greater transparency, regulatory harmonisation and interoperability in cross-border payments. Canh backed the Philippines’ initiatives and confirmed continued cooperation on regional payment connectivity and financial health aligned with members’ development conditions and capacity.