At the conference, Mrs. Trần Thu Huyền, Director of the Organization and Personnel Department of the State Bank of Vietnam (SBV), announced Decision No. 79/QĐ-NHNN by the Governor of the SBV. This decision appoints Mr. Trịnh Công Văn, Acting Director of the SBV Branch in Zone 3, as the Director of the SBV Branch in Zone 3, effective from January 19, 2026. His term of office will be five years from the date of appointment.
Governor of the SBV, Nguyễn Thị Hồng, presents the decision to Mr. Trịnh Công Văn
In her speech at the conference, Governor Nguyễn Thị Hồng acknowledged Mr. Trịnh Công Văn as a well-trained official with 23 years of dedication to the banking sector. He has demonstrated leadership and management skills from a very early stage. With his extensive experience and the trust of local leaders, the Governor expressed confidence that Mr. Trịnh Công Văn will continue to leverage his capabilities and lead the team to excel in their new responsibilities.
Assigning tasks to the new Director of the SBV Branch in Zone 3, the Governor emphasized that alongside the great honor comes significant work pressure, given the branch’s jurisdiction spanning three northern mountainous provinces. The Governor urged Mr. Trịnh Công Văn and the leadership team of the SBV Branch in Zone 3 to engage with urgency and determination, closely following the directives of the Party and the State in the new context. The Governor believes that the unity and collaboration of the staff across all three provinces will create a cohesive force, enabling the unit to implement its tasks effectively and achieve tangible results. This is the most practical way to contribute to the overall development of the banking sector and the country’s socio-economic growth.
In his acceptance speech, Mr. Trịnh Công Văn, the new Director of the SBV Branch in Zone 3, expressed his deep honor and emotion upon receiving the trust and responsibility entrusted by the Standing Committee of the Party Committee, the Leadership of the State Bank of Vietnam, and the leaders of the provinces in the region. This is not only a source of pride but also a significant responsibility before the Governor, local authorities, and the collective staff of the banking sector. Mr. Trịnh Công Văn solemnly accepted the Governor’s directives, considering them as the guiding principles for all his actions.
Currency Market Update: USD Rates Plummet, Interbank Interest Rates Surge, and the State Bank of Vietnam Injects Significant VND Liquidity
The January 26th trading session witnessed a resurgence in interbank VND interest rates, coupled with a sharp decline in the USD exchange rate across both interbank and free markets. Amidst this landscape, the State Bank of Vietnam intensified its net liquidity injection through open market operations.
Appointment of the State Bank of Vietnam Regional Director for Zone 6
On the afternoon of January 13th, the State Bank of Vietnam (SBV) Region 6 held a conference to announce and present the Governor’s decision to appoint the new Director of SBV Region 6.
Latest Currency Market Update (Jan 14): USD Free Rate Plunges, State Bank Continues Net VND Withdrawal
On January 13th, the USD exchange rate experienced a slight uptick in the interbank market, while witnessing a significant decline in the free market. This movement occurred amidst the State Bank’s continued net withdrawal of VND liquidity through open market operations.
Revoking 18 Decisions and Circulars Issued by the Governor
Circular No. 67/2025/TT-NHNN repeals several legal normative documents issued by the Governor of the State Bank of Vietnam (SBV). This circular shall take effect from February 16, 2026.
Latest Currency Market Update (Jan 15): State Bank of Vietnam Resumes Net Injection of VND
The January 14th trading session witnessed a slight uptick in short-term VND interbank interest rates, coinciding with the State Bank of Vietnam resuming net VND liquidity injections through open market operations. In the foreign exchange market, the central exchange rate inched up, while USD rates across markets remained largely stable.
