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.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
State Bank of Vietnam (SBV) Governor Le Minh Hung at his first Q&A session at the National Assembly (Photo: VNA) 
