The State Bank of Vietnam (SBV) has announced several key appointments, effective as of July 2025. These appointments include:
SBV’s Deputy Governor Phạm Thanh Hà presenting the decision to appoint Nguyễn Huyền Dịu
The appointment of Mrs. Nguyễn Huyền Dịu, Head of Research and Synthesis, as Deputy Director of the Monetary Policy Department for a term of five years, effective July 4.
SBV’s Deputy Governor Phạm Thanh Hà presenting the decision to appoint Nguyễn Tất Thái
Mr. Nguyễn Tất Thái, former Chief of Staff of the National Financial Supervision Commission, as Deputy Director of the Forecasting, Statistics, and Monetary and Financial Stability Department for a term of five years, effective July 2.
SBV’s Deputy Governor Phạm Tiến Dũng presenting the decision to appoint Lê Hoàng Chính Quang
The appointment of Mr. Lê Hoàng Chính Quang as Director of the Information Technology Department, who was previously the acting director.
Additionally, the SBV Governor announced organizational and personnel decisions regarding the SBV Branch in Region 2. On July 7, the Governor presented the decision to appoint Mr. Võ Minh Tuấn as Director of the SBV Branch in Region 2.
SBV Governor Nguyễn Thị Hồng presenting the decision to appoint Võ Minh Tuấn
The SBV Branch in Region 2 is responsible for managing and implementing monetary, credit, and foreign exchange policies in Ho Chi Minh City and Dong Nai Province, two key provinces in the Southern Key Economic Zone. Given the vast geographical area, the SBV Governor emphasized the importance of focusing on cash and vault management to ensure smooth payment operations for individuals and businesses. Moreover, the inspection work should be given special attention, combining the implementation of national monetary policies with inspection and supervision to ensure the safety of the system.
DongA Bank: A Troubled Institution’s Forcible Handover and the End of Shareholder Power?
Prior to being placed under special control, DongA Bank’s institutional shareholders included: Bac Nam 79 Construction, owned by Vu “Nhom”, which held 10%; PNJ with 7.7% of the charter capital; Ho Chi Minh City Party Committee Office with 6.9%; Ky Hoa Tourism and Trading with 3.78%; An Binh Capital with 2.73%; and Nha Phu Nhuan with 2.14%.
“State Representative Nguyen Thanh Tung: Guardian of Vietcombank’s 30% State-Owned Capital”
On January 10, 2025, the State Bank of Vietnam (SBV) appointed a representative to manage the state capital at Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank, HOSE: VCB).
Unlocking a New Chapter: Vietcombank’s Journey Begins
As of January 17, 2025, Construction Bank (CB) officially transformed into Viet Nam Foreign Trade Digital Bank (VCBNeo).
The Greenback and the Yuan: A Tale of Contrasting Fortunes
The State Bank of Vietnam’s central exchange rate today stands at 24,333 VND, a decrease of 5 VND compared to the morning of January 15th. Meanwhile, the Chinese yuan remained stable at commercial banks, showing no signs of fluctuation.
Appointment of the New Head of the Office of the State Bank of Vietnam: A Step Towards Progress
The State Bank of Vietnam has announced several key appointments and decisions made by the Governor. These include the appointment of the new Head of the Forecasting and Statistics Department, the Chief of the Office of the State Bank, the Chairman of the Management Board of the Vietnam National Credit Information Center (CIC), and the Deputy General Director of CIC. Additionally, the Governor has assigned an acting General Director for CIC. These strategic moves underscore the State Bank’s commitment to strengthening its leadership and management capabilities.
