The State Bank of Vietnam (SBV) Governor has issued Dispatch No. 01/SB-NHNN requesting units under the SBV, credit institutions, foreign bank branches (SBV branches), and intermediary payment service providers to strictly implement the instructions of the Party Central Committee, the Prime Minister, and the SBV regarding the enhancement of measures to ensure a prosperous, safe, and economical Lunar New Year.

In particular, the Governor has called for increased spot checks and strict handling of cases where ATMs are out of money or not functioning due to the bank’s negligence;…

The SBV Governor has instructed units under the SBV, credit institutions, SBV branches to concentrate their best resources to organize the operation of the National Interbank Electronic Payment System, the National Financial Transaction Switching System and Electronic Settlement, the payment systems of credit institutions, and intermediary payment service providers, ensuring the continuous, stable, safe, smooth operation of these systems, meeting the high payment demand before and during the Lunar New Year…

Banks will be closed for the New Year holiday from February 8 to February 14, 2024.

Efficiently organize the regulation, circulation, and supply of cash to meet the cash demand for the economy in terms of value and denomination structure during the Lunar New Year; ensure the security and safety of cash reserves and anti-crime efforts in the monetary and banking sector;…

The SBV leadership requires close monitoring of the global economic situation and the domestic market, in order to manage monetary policy instruments, have proactive, flexible, timely, and synchronized credit solutions, contributing to meeting the capital needs of the economy, supporting macroeconomic growth…

In particular, the Governor directs not to organize visits, New Year greetings, or gift-giving to leaders of agencies and units at all levels; practice frugality and anti-waste; not attend temple or festival ceremonies unless assigned; not engage in superstitious or deviant activities; not use state budget funds, vehicles, or public assets for holiday or personal activities during the Lunar New Year or festivals…

Tuân Nguyễn

SOURCEvietstock
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