On July 27, 2026, in Hanoi, the State Bank of Vietnam (SBV), in collaboration with the Bank of Korea (BOK), officially launched the 2026 BOK Knowledge Partnership Program (KPP) through a kick-of seminar themed “Enhancing the Financial Stability Index for the State Bank of Vietnam”.
The Program forms part of the cooperation framework between the SBV and the BOK, aiming to share international experience and support the SBV in researching and refining its Financial Stability Index, thereby enhancing the effectiveness of financial stability analysis, supervision, and policy formulation.
Participants pose for a group photo
The Seminar was attended by representatives of the BOK and professors from several leading universities in the Republic of Korea (ROK). On the SBV side, participants included representatives from a number of relevant units, including the Forecasting and Statistics Department, and the International Cooperation Department.
In her opening remarks, Ms. Dao Thuy Hang, Deputy Director General of the SBV International Cooperation Department, emphasized that the BOK Knowledge Partnership Program has been one of the most effective technical assistance initiatives implemented by the BOK for the SBV over the past decade. She noted that the theme of the 2026 Program is highly relevant to the SBV’s practical needs, contributing to enhanced supervisory capacity and early risk identification while supporting policy formulation amid an increasingly complex and rapidly evolving global economic and financial environment.
Representatives of the International Cooperation Departments of the SBV and the BOK sign the Minutes of Discussion on the implementation of the 2026 KPP
Within the framework of the seminar, under authorization of the leaderships of the two central banks, representatives of their International Cooperation Departments signed the Minutes of Discussion on the implementation of the 2026 BOK Knowledge Partnership Program.
Following the signing ceremony, participants discussed the current framework and methodologies for developing and refining the Financial Stability Index. They also exchanged international experience in monitoring and assessing financial stability risks, while exploring how the Republic of Korea’s practices and analytical models could be adapted to Vietnam's specific conditions.
An overview of the seminar
Minh Khang