The State Bank of Vietnam (SBV), led by Governor Nguyễn Thị Hồng, participated in the Bank for International Settlements (BIS) regular Governors’ meeting in Basel, including the Global Economy Meeting and the Governors’ Plenary, as forums for central banks to exchange views on developments in the global economy and international financial markets. On the sidelines, the SBV delegation held a technical-level working session with representatives of the Basel Committee on progress in implementing Basel III, focusing on technical issues in building and operating internal ratings-based (IRB) approach models, as well as international experience in model risk supervision and data management to support Basel-standard capital calculations.