On April 13, 2026, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Nguyen Ngoc Canh held a meeting with a delegation from the Asian Development Bank (ADB), led by Mr. Bhargav Dasgupta, ADB Vice-President for Market Solutions.
Deputy Governor Nguyen Ngoc Canh speaks at the meeting
At the meeting, Deputy Governor Nguyen Ngoc Canh briefed the delegation on Vietnam’s macroeconomic situation and the SBV’s monetary policy management. Accordingly, in the first quarter of 2026, Vietnam’s economy maintained a positive recovery momentum. The SBV has conducted monetary policy in a proactive and flexible manner, in close coordination with fiscal policy to control inflation, support growth, and maintain macroeconomic stability. Interest rates, exchange rates, and system liquidity have remained generally stable. Credit has been managed in line with economic developments, with a focus on production and business activities, while lending to potentially risky sectors has been closely monitored to ensure the safety of the banking system.
Overview of the meeting
Regarding future cooperation orientations, the Deputy Governor welcomed the ADB’s plan to expand financing for the private sector in Vietnam, particularly in the finance and banking sector, energy, infrastructure, and enterprise development. He expressed his hope that the ADB would further diversify its financial instruments, enhance the mobilization of international resources, and strengthen technical assistance, thereby contributing to improving the capacity of Vietnam’s financial market and promoting the effective development of the private sector.
Regarding the technical assistance program on trade and supply chain finance, the SBV expressed its general support for the ADB’s proposal. The Deputy Governor suggested that the ADB continue sharing international experience, especially models suited to Vietnam’s conditions, and conduct comprehensive assessments of benefits and risks during the implementation, serving as a basis for further consideration and coordination in the coming period.
Mr. Bhargav Dasgupta, ADB Vice-President for Market Solutions, speaks at the meeting
The two sides also discussed plans for high-level visits by the ADB leaders in 2026, as well as the preparation for the ADB Annual Meeting 2026.