The State Bank of Vietnam reported on a meeting between Deputy Governor Nguyen Ngoc Canh and a delegation from the International Bank for Economic Cooperation, during which Vietnam expressed support for IBEC's 2027-2031 strategic direction. In the talks, the Deputy Governor said Vietnam supports IBEC building on its existing strengths and experience to develop into a specialised international financial institution in trade finance serving member countries' needs. The State Bank of Vietnam also noted the Deputy Governor's positive assessment of IBEC's implementation of its 2024-2026 development strategy, which he said had helped stabilise the bank's operations and adapt to new conditions. He called on IBEC to continue advancing initiatives and solutions that support economic and trade cooperation among member states in line with its mandate. IBEC Executive Board Deputy Chairman Andrey Bornyakov thanked the State Bank of Vietnam for its coordination and support and said IBEC would focus resources on developing and implementing its 2027-2031 strategy.
State Bank of Vietnam 2026-05-13
State Bank of Vietnam backs IBEC 2027-2031 strategy centred on trade finance
The State Bank of Vietnam reported that Deputy Governor Nguyen Ngoc Canh expressed support for the International Bank for Economic Cooperation’s 2027-2031 strategic direction and its development into a specialised international trade finance institution serving member countries. He positively assessed IBEC’s 2024-2026 strategy implementation and urged continued initiatives to promote economic and trade cooperation among member states, while IBEC confirmed it will focus resources on implementing its 2027-2031 strategy.