The Government leader made it clear at a banking conference in Hanoi on December 23 that along with other efforts to ensure social security, this should be the primary task of the entire banking sector for next year.

Dung asked the State Bank of Vietnam (SBV) to closely follow developments in the monetary market, both at home and abroad, so as to work out timely and suitable solutions.

“The SBV should better implement its State management duty,” emphasised the Prime Minister.
He added that the banking system is a special business and should be put under strict observation by the State while operating dynamically to meet market economy requirements and ensuring the system safety in the interest of socio-economic development.

“The SBV should speed up administrative reform, modernise the system, facilitate personnel training and tighten supervision of credit quality,” Mr Dung said.