The Party Committee of the central bank agency at the State Bank of Vietnam held its 19th expanded Executive Committee conference for the 2020–2025 term, reviewing the draft 2024 work report and agreeing the 2025 work programme. Governor Nguyen Thi Hong’s conclusions prioritised completing the ongoing streamlining and reorganisation of the State Bank of Vietnam and aligning policy and supervisory work to the new operating model. The 2025 programme includes finalising the review and restructuring of SBV’s organisational apparatus, arranging personnel for units affected by the reorganisation in line with applicable rules, proposing policies for staff impacted by the streamlining, and strengthening training and retraining for staff moved into new roles. It also calls for continued review and amendment of banking legal instruments to support monetary policy operations and the safe, effective functioning of the banking system under the new structure, stronger inspection and supervision of credit institutions and administrative inspections, enhanced oversight of microfinance institutions, implementation of plans to address weak credit institutions and restructure commercial banks under special control, and continued delivery of the 2021–2025 cashless payments programme and the banking sector’s digital transformation plan with a focus on security. Alongside these workstreams, the Party Committee will lead preparations for Party congresses at all levels towards the 14th National Party Congress in line with higher-level guidance.

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