At the Conference on Dissemination of the Banking Sector's Tasks in 2023, on behalf of the Personnel Board of the SBV Party Committee, the SBV Board of Management, and the Emulation and Rewards Council of the Banking Sector, SBV Deputy Governor Nguyen Kim Anh launched the 2023 emulation movement for the entire banking sector with the theme of "Solidarity, Discipline, Responsibility, Striving to Successfully Accomplish the Banking Sector’s Tasks in 2023".
On December 27, 2022, the SBV Governor had issued Document No. 9213/NHNN-TDKT on the 2023 emulation movement in the banking sector, which covers the following main tasks:
First, continuing to review, amend, supplement and improve the monetary legal frameworks, mechanisms and policies, ensuring safe, healthy, smooth and sustainable banking operations; Continuing to study and revise the relevant Laws (the Law on the SBV, the Law on Credit Institutions, the Law on Deposit Insurance);
Second, managing the monetary policy tools and solutions in a synchronous, proactive and flexible manner, in close coordination with the fiscal and other policies in order to control the inflation, maintaining the stability of the macro-economy, supporting a reasonable economic growth; implementing consistently appropriate solutions to maintain the stability of the currency and the foreign exchange markets, and to ensure the safety of the entire banking system;
Third, managing the credit growth at a reasonable level; directing the credit resources into production and business operations, the priority areas; controlling strictly credit for potentially risky areas; Continuing to promote the implementation of the banking sector’s tasks in the Socio-Economic Recovery and Development Program, as well as the national target programs;
Fourth, implementing strongly the Scheme on “Restructuring the system of credit institutions in association with resolution of non-performing loans (NPLs) in the 2021 - 2025 period” in line with Decision No. 689/QD-TTg dated June 08, 2022 of the Prime Minister and the Action Plan of the banking sector issued at Decision No. 1382/QD-NHNN dated August 02, 2022 of the SBV Governor, focusing on promoting the resolution of NPLs, and restructuring and resolving poor-performing credit institutions;
Overview of the Conference.
Fifth, continuing the effective implementation of the Development Strategy of Vietnam Banking Sector to 2025, with orientations to 2030; the National Financial Inclusion Strategy to 2025, Vision to 2030; the Scheme on Cashless Payment Promotion in Vietnam for the 2021 - 2025 period; the Plan on Digital Transformation of the Banking Sector by 2025, Vision to 2030; the SBV’s Implementation Plan of Vietnam Statistical Development Strategy 2021 - 2030, Vision to 2045;
Sixth, improving the effectiveness and efficiency of the operational guidance and law enforcement; strengthening the inspection and supervision; combating and preventing illicit activities in the banking sector; anti-money laundering; promoting the anti-corruption activities in the whole banking sector;
Seventh, improving the governance capacity of the credit institutions; strengthening the internal inspection and control of the credit institutions; Continuing to cut down on the operating costs and unnecessary expenses in order to stabilize the lending interest rates, with a view to sharing and supporting the people and businesses to recover their production and business;
Eighth, continuing the strong implementation of the administrative reforms; innovating the communication activities; building a synchronous and modern system of information technology; ensuring the security and safety of payment activities; digital transformation and mastering the digital technologies;
Ninth, strengthening the discipline and conformity; raising the awareness of public service culture and the ethics of all officers, civil servants, public employees and staff; improving the quality of the human resources for the banking sector; promoting the scientific research, the application of information technology and the digital transformation in teaching and learning; developing a healthy and pure pedagogical environment;
Tenth, continuing to follow good and creative examples in the emulation movements launched by the Prime Minister and the SBV Governor, such as: the emulation movement on "For all people - Leaving no one behind" in the 2021 - 2025 period; “The whole nation joins hands to build new-style rural areas in the 2021 - 2025 period”; “The officers, civil servants and public employees engage in the emulation for implementing the office culture in the 2019 - 2025 period”; “Promoting synchronous and modern infrastructure development; practicing thrift and fighting waste”; “All officers, civil servants, public employees and staff of the banking sector promote the 70-year traditions of solidarity, creativity, and engage in the emulation for the successful implementation of the banking sector’s tasks in the 2021 - 2025 period”, etc.
Deputy Governor Nguyen Kim Anh also requested all leaders of the SBV entities to specify the emulation tasks, launch and organize the implementation of concrete and practical actions, and strive for the best outcomes from this emulation movement. The SBV Deputy Governor went on to appeal to all officers, civil servants, and staff of the banking sector to show their determination and to make their best efforts to overcome all difficulties and challenges, to work together, and to enthusiastically engage in the emulation for the successful accomplishment of all assigned political tasks.
LK