The State Bank of Vietnam held a formal handover of central banking responsibilities from former Governor Nguyen Thi Hong, now Deputy Chair of the National Assembly, to Governor Pham Duc An, including the signing of an official handover record. The ceremony was witnessed by senior Party and government representatives and attended by the State Bank’s leadership and heads of key units across the banking system, including four state-owned commercial banks, the Vietnam Bank for Social Policies, the Cooperative Bank, Deposit Insurance of Vietnam, the Vietnam Asset Management Company, and the National Payment Corporation of Vietnam. In remarks, Nguyen Thi Hong reflected on her tenure and expressed confidence in Pham Duc An following his approval and appointment as Governor by the National Assembly and the Government, while Pham Duc An highlighted continuity of direction under Party and government resolutions and priorities for monetary policy management and banking activities.