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ARTICLE · 28 NOVEMBER 2018

Vietnam – Securities And Banking Guide Update 2018

Duane Morris LLP
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The State Bank of Vietnam (Ngan hang Nha nuoc Viet Nam, SBV) is the central bank of Vietnam. It is a ministry-level body under the administration of the government.

VietnamCorporate/Commercial Law
Oliver Massmann
Oliver Massmann
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The State Bank of Vietnam (Ngan hang Nha nuoc Viet Nam, SBV) is the central bank of Vietnam. It is a ministry-level body under the administration of the government. The SBV governor is a member of the cabinet. The prime minister and the parliament of Vietnam (National Assembly) act jointly to nominate the governor of the SBV. The governor is in charge for five years. The SBV’s principal roles are to:

  • Support monetary stability and implement monetary policies.
  • Support institutions’ stability and supervise financial institutions.
  • Support banking facilities and recommend economic policies to the government.
  • Support banking facilities for financial institutions.
  • Manage the country’s foreign exchange reserves.

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Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.

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