The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has expressed confidence that the country's credit growth is poised to surge in the final months of the year, making the 15% growth target for 2024 entirely achievable.

The 14th National Assembly (NA) approved the appointment of the Minister of Science and Technology, the Minister of Health, the Governor of the State Bank of Vietnam, and three judges of the Supreme People’s Court on the morning of November 12 during its ongoing 10th sitting in Hanoi.

The National Assembly (NA) on the afternoon of November 11 relieved Chu Ngoc Anh and Le Minh Hung from their respective positions of Minister of Science and Technology and Governor of the State Bank of Vietnam, during the ongoing 10th session in Hanoi.

The Politburo has decided to give a warning to Politburo member, Secretary of the Party Central Committee and head of the Party Central Committee’s Economic Commission Nguyen Van Binh as a disciplinary measure for his mistakes during the time he served as Governor of the State Bank of Vietnam.

Governor of the State Bank of Vietnam (SBV) Le Minh Hung has urged caution in price control as there will be a great pressure for raising lending rates in the time ahead.