Prime Minister Nguyen Xuan Phuc signed Decision No.1079/QĐ-TTg dated June 17, 2016 on establishment of the National Financial and Monetary Policy Consultation Council led by Deputy Prime Minister Vuong Dinh Hue. The Council includes 39 members. Governor of State Bank of Vietnam Le Minh Hung has been named permanent Vice President of the Council; the two other Vice Presidents are Minister of Finance Dinh Tien Dung and Chairman of the National Financial Supervisory Committee Vu Viet Ngoan.
Following the issuance of Prime Minister’s decision, the Regular meeting Quarter 2, 2016 of the National Financial and Monetary Policy Consultation Council (the Council) was held on June 22 at the Headquarter office of the State bank of Vietnam (SBV) under the chairmanship of Deputy Prime Minister Vuong Dinh Hue, President of the Council.
Attending the meeting were Vice Chairmen of the Council including SBV Governor Le Minh Hung, Minister of Finance Ministry Dinh Tien Dung, Chairman of the National Financial Supervision Committee Vu Viet Ngoan, and members of the Council including resperantatives of ministries, industries and universities, senior specialists of banking and financial sector, and support team for the Council.
The Council will operate on the principle of consultation and in line with its mandates stipulated by the PM. The Council is assigned with the main tasks of proposing recommendations and consulting to the Government and the PM of the orientations and policies, major and important projects and issues of financial and monetary sectors; studing and providing consultancy serving for the implementation of financial and monetary policy and plan; for managing and developing financial market and resolving araising issues of banking and financial sector as required by the Governement, Prime Minister and President of the Council.
The council operate on the cooperative principle, the opinion and recommendations made by individual members of the Council are respected and reviewed by the Council. The Council meeting shall be held regularly or iregularly if the need be. President of the Council Vuong Dinh Hue call on all members of the Council to develop their capacity, wisdom, experience, and the sense of responsibility to accomplish the assigned tasks of the Council.
27 members of Council are Assistant of the General Secretary of CPV Central Committee Mr. Dinh Van An; Vice Chairman of the Party Central Committee’s Commission for Economic Affairs; Vice Chair of the Government Office Mr. Nguyen Sy Hiep; Deputy Governors of the SBV Mr. Nguyen Dong Tien, Mr. Dao Minh Tu, Mrs. Nguyen Thi Hong; Deputy Chairman of the National Assembly Economics Committee Mr.Nguyen Duc Kien; MPI Deputy Minister Mr. Dao Quang Thu; MOF Deputy Minister Mr. Tran Van Hieu; Deputy Minister of Ministry of Industry and Trade of Viet Nam Mr. Tran Quoc Khanh; Vice Chairman of the National Financial Supervisory Commission Mr.Truong Van Phuoc; Head of the Development Policies Institute Mr. Dao Van Hung; Chairman of the State Securities Commission of Vietnam Mr. Vu Bang; Director of General economic Department of Government office Mr. Vu Dung, Rector of National Economics University Mr.Tran Tho Dat; Rector, VNU University of Economics and Business Mr. Nguyen Hong Son; Director of the Viet Nam Economics Institute Mr. Tran Dinh Thien; Director of the Central Institute for Economic Management Mr. Nguyen Dinh Cung; Head of Finance Department, University of Economics Ho Chi Minh City Mr.Tran Ngoc Tho; Director of BIDV training center Mr. Can van Luc; and 7 consultants are Mr. Le Duc Thuy, Mr.Truong Dinh Tuyen, Mr.Vo Tri Thanh, Mr.Le Xuan Nghia, Mr.Tran Du Lich, Mr.Nguyen Cong Nghiep and Mrs.Nguyen Thi Mui.
VMH