Voters, deputies pleased with SBV Governor’s answer at NA session
National Assembly (NA) deputies and voters highly evaluated answers of State Bank of Vietnam (SBV) Governor Le Minh Hung at the NA fourth session’s question and answer part on November 17.
State Bank of Vietnam (SBV) Governor Le Minh Hung at his first Q&A session at the National Assembly (Photo: VNA)
Hanoi (VNA) – National Assembly (NA) deputies and votershighly evaluated answers of State Bank of Vietnam (SBV) Governor Le Minh Hungat the NA fourth session’s question and answer part on November 17.
Head of the NA Committee for Finance and Budget Le Thanh Van said thenew cabinet member cleared voters’ concerns by clarifying thoroughly manyissues of the banking sector, including the mobilization of gold in thecommunity for socio-economic development, the control of exchange rates andinterest rates.
Tran Hoang Ngan, a deputy from Ho Chi Minh City held that Governor Hungwas very confident of the State Bank’s performance achievements, includingsupporting economic growth, controlling inflation, stabilizing currency, andemployment.
Ngan showed support for measures dealing with weak performing creditorganizations presented by the head of the banking sector, but expressed hopesfor completing the legal framework for the credit organizations, including theadjustments to some articles of the Law on Credit Organizations.
During the November 17 sitting, NA deputies raised many questions on themanagement of monetary policy, production support, banking sector operationsafety, information technology application in administrative procedures, andmore.
Voter Phan Hai from the Da Nang Young Entrepreneurs’ Association saidthat he was impressed with SBV Governor Hung’s persuasive measures to tacklebad debts and weak credit organizations as well as his promise to reach the setcredit growth target and control credit quality.
Meanwhile, Bui Ngoc Diep, Vice President of the Small and Medium-SizedEnterprises of Ba Ria-Vung Tau province said that the banking sector shoulddesign more specific policies to support startups through helping them incapital access.
Le Nhu Tuan, Director of the Department of Agriculture and RuralDevelopment of the central province of Thanh Hoa lauded the SBV Governor’scommitments to rescheduling loans for people who have been affected by therecent floods, to help them restore normal production. -VNA
Governor of the State Bank of Vietnam (SBV) Le Minh Hung on November 16 fielded lawmakers’ questions about the banking system’s operations, underlining the need to focus on effectively implementing a resolution on piloting the settlement of bad debt at credit institutions.
The question and answer session of the 14th National Assembly’s fourth sitting on November 16 was heated up with issues regarding tax, public debt and monetary policy management.
Credit cardholders will not be allowed to withdraw cash worth more than 5 million VND for domestic transactions and no more than 30 million VND for foreign currency.
Governor of the State Bank of Vietnam Le Minh Hung on November 17 continued taking part in lawmakers’ question-and-answer session, making clear issues relating to the baking system’s issues, including credit growth, debt rescheduling for storm victims, and credit institution restructuring.
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Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
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The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
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Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.