On May 14, 2019 in Hanoi, the Vietnam Banks Association (VNBA) organized a Ceremony marking its 25th year in operations (1994-2019).
Deputy Governor Doan Thai Son awards the SBV's Emulation Flag to VNBA
Attending the ceremony were the leaders of the State Bank of Vietnam (SBV) and VNBA during different periods, representatives of the ministries, agencies; officials and employees of the Permanent Office of VNBA and its member organizations.
Speaking at the Ceremony, on behalf of the SBV Board of Management, Deputy Governor Doan Thai Son affirmed that after 25 years of operations and development, VNBA has proven its role and position as a professional association and the voice of Vietnamese banking and credit institution community, a trustworthy bridge connecting its member organizations and the state management agencies, supporting its members to develop and prosper safely and effectively.
An overview of the ceremony
According to the SBV Deputy Governor, over the past years, VNBA has well performed its functions and tasks when playing the role of connecting its members and gathering the opinions of the member organizations, thereby contributing to the process of formulating the legal documents, mechanisms and policies related to the banking operations... VNBA has also promoted the cooperation between the banks and the fintech companies, and got involved in the development of the legal framework for fintech and fintech ecosystem in Vietnam.
The SBV Deputy Governor requested VNBA to focus on further promoting its role as a focal point and coordinator to gather and advocate the member organizations, taking the lead in strictly implementing the directives and policies of the Party and the Government, as well as the SBV’s measures of monetary policy management, focusing on effectively implementing the Development Strategy of Vietnam Banking Sector to 2025, with vision to 2030, and the Scheme of restructuring the system of credit institutions in association with NPL resolution for the 2016 – 2020 period; further participate in the formulation of mechanisms and policies to support the SBV in the improving the legal framework for the banking operations; continue to implement solutions to support the member organizations to strengthen their capabilities to improve the efficiency of risk management, business management, prudent and sustainable operations; actively support the member organizations to adapt and apply on a large scale the achievements of the Industry 4.0 in the banking operations; continuously expand the international cooperation.
Deputy Governor Doan Thai Son speaks at the ceremony
Acknowledging the achievements and contributions of VNBA to the development of the banking industry and the economy in general, the Party, the Government and the SBV have awarded many honors to VNBA, such as: Second Class Labor Order, Third Class Labor Order, various Certificates of Merit from the Prime Minister and the SBV Governor, Certificates of Merit from the Office of the Government, the Ministry of Justice, etc.
Also on the celebration for its 25th Anniversary, VNBA was honored to receive the State Bank of Vietnam’s Emulation Flag and the Certificate of Merit from the SBV Governor. These are noble awards to recognize the efforts and contributions of VNBA to the overall results of the Vietnamese banking system and the national economic development.
Le Hang