The State Bank of Vietnam hosted a meeting between Deputy Governor Nguyen Ngoc Canh and Jung Sang Hyuk, Chairman and Chief Executive Officer of Shinhan Bank Korea, and used the discussion to restate its 2026 monetary policy approach. The central bank set out a proactive and flexible stance, closely coordinated with a reasonably expanded and targeted fiscal policy and other macro policies, while prioritising inflation control to support macroeconomic stability and sustainable growth. In framing the operating environment, the State Bank of Vietnam pointed to continued global uncertainty and Vietnam’s stated goal of average GDP growth above 10% per year for 2026–2030, implying substantial economy-wide investment needs. It highlighted Shinhan Bank Vietnam’s more than 30-year presence as a 100% foreign-owned bank supporting capital flows, particularly for foreign direct investment enterprises, and encouraged it to contribute more to Vietnam’s development and bilateral economic cooperation. Shinhan’s CEO said the bank aims to expand its capital scale in Vietnam, invest in data infrastructure and modern digital platforms to improve operating efficiency and risk management, and offer more personalised financial solutions in line with a safer, more effective banking system approaching international standards.
State Bank of Vietnam 2026-04-23
State Bank of Vietnam reiterates 2026 inflation-control monetary policy in meeting with Shinhan Bank Korea CEO
The State Bank of Vietnam reiterated its 2026 monetary policy stance of proactive, flexible management coordinated with reasonably expanded, targeted fiscal and other macro policies, while prioritising inflation control to support macroeconomic stability and sustainable growth. In discussions with Shinhan Bank Korea, it underscored Vietnam’s high growth ambitions and investment needs, encouraged greater support for capital flows and foreign direct investment, and noted Shinhan’s plans to expand capital, upgrade digital infrastructure, and enhance risk management in Vietnam.