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The Deputy Governor emphasized that rapid and sustainable development must be linked to maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances. He analyzed global and domestic economic trends for the 2026–2030 period and shared practical experiences in monetary policy operations, policy coordination, and the tasks facing SBV regional branches.
The Deputy noted that the global economy in the coming period will continue to present both opportunities and challenges. New drivers—including artificial intelligence, digital transformation, the green transition, and shifts in capital flows—could create additional growth space. At the same time, external uncertainties remain, requiring proactive, flexible, and prudent policy management.
For Vietnam, he stressed that fast and sustainable growth must be connected to macroeconomic stability, inflation control, and the economy’s major balances. He said monetary policy will continue to play a key role in supporting growth, stabilizing money and foreign exchange markets, and ensuring the safety of the financial institution system.
Addressing the trainees, he stated: “To achieve high, sustainable growth over the long term, macroeconomic stability and inflation control are essential.”
He added that the government’s and SBV’s guiding approach is to remain committed to macroeconomic stability and inflation control as the foundation for sustainable growth. Policy instrument management should reflect both domestic and international developments, with flexibility and practicality.
“Sustaining macroeconomic stability is the foundation for growth and inflation control, enabling a strong economy capable of long-term growth,” he said.
During the session, he also discussed several issues, including:
For SBV regional branches, he urged units to continue serving as a bridge between the SBV and local authorities, credit institutions, enterprises, and the public. He also called for strengthening governance, supervision, policy implementation, and local policy communication.
He highlighted that, in the current context, policy communication is especially important for effective governance. “Communicating policy messages accurately to the market, stabilizing market psychology, and guiding expectations are crucial,” he said.
The Deputy’s remarks were intended to help trainees update monetary policy directions and clarify the role of SBV regional branches in policy execution. With rising demands for policy coordination and implementation efficiency, strengthening the capabilities of regional SBV leaders is expected to help implement central bank directives more effectively, contributing to the stabilization of money markets, banking activity, and local socio-economic development.
Ready Card users outside the European Economic Area have reportedly faced an abrupt service halt after a transition involving the card issuer disrupted the USDC spending product, according to user notices shared on X.
A notice shared…
