The 2010 Law on the State Bank of Vietnam stipulates the authority to determine the national monetary policy as follows:
* The National Assembly determines the annual inflation target, which is reflected by determining the consumer price index (CPI) and supervising the implementation of the national monetary policy;
* The State President performs the tasks and mandates as governed by the Constitution and the laws regarding the negotiation, signing and accession to the international treaties on behalf of the Socialist Republic of Vietnam in the finance and banking sector;
* The Government submits to the National Assembly for determining the annual inflation target. The Prime Minister, the SBV Governor determine the use of tools and measures for the implementation of the national monetary policy objectives as stipulated by the Government.