On February 25, the State Bank of Vietnam (SBV) held a conference to announce the decision to establish a Party Committee and decisions on the organization and personnel of the State Bank.
At this conference, Mr. Nguyen Ngoc Canh - Vice Chairman of the State Capital Management Committee at Enterprises - was transferred and appointed as Deputy Governor of the State Bank. The appointment period is 5 years.
History and working process
Mr. Nguyen Ngoc Canh, born in 1972, is a senior specialist with a high level of political theory. He graduated from university and Master of Economics from the University of Birmingham, UK.
Before being appointed as Deputy Governor of the State Bank, Mr. Canh held many important positions in the finance - banking sector, including:
Vice Chairman of the State Capital Management Committee at Enterprises.
Director of the Department of International Cooperation, State Securities Commission (Ministry of Finance).
Assistant Governor of the State Bank.
Director of the Foreign Exchange Management Department, State Bank.
With this decision, the current State Bank leadership includes Governor Nguyen Thi Hong and 6 Deputy Governors: Dao Minh Tu; Doan Thai Son; Pham Tien Dung; Pham Thanh Ha; Pham Quang Dung; Nguyen Ngoc Canh
Changes in the organizational structure of the State Bank
Along with the appointment of personnel, the State Bank also has adjustments to the organization of the apparatus, according to Decree 26/2025/ND-CP.
State management units:
monetary policy department
Payment Department
Department of Credit for Economic Sectors
Department of Forecasting, Statistics - monetary and financial stability
Department of International Cooperation
Department of Legal Affairs
Department of Finance - Accounting
Department of Organization and Personnel
SBV Office
State Bank Inspectorate
SBV Transaction Office
Department of Information Technology
Department of issuance and warehouse
Foreign Exchange Management Department
Department of Money Laundering Prevention and Control
Department of Credit Institution Management and Supervision
Department of Credit Institution System Safety
State Bank branches in regions
Subordinate public service units:
Vietnam National Credit Information Center (CIC)
Bank bao cao
Units 1 - 18 are administrative organizations that help the Governor of the State Bank perform the function of state management and the function of the Central Bank. Units 19 - 20 are public service units, serving research and information in the banking industry.
Decree 26/2025/ND-CP takes effect from March 1, 2025, replacing previous regulations on the functions, tasks and organizational structure of the SBV.
