Launching the State Bank of Vietnam Region 6 to merge from 5 branches

Thuận Hiền |

The State Bank of Vietnam (SBV) Region 6 was established on the basis of merging the SBV Branches of the provinces and cities: Hai Phong, Hai Duong, Hung Yen, Quang Ninh and Thai Binh.

On March 21, 2025, in Hai Phong, the State Bank of Vietnam (SBV) held a Decision Announcement and launched the SBV Region 6. SBV Deputy Governor Pham Thanh Ha chaired the conference.

Implementing Resolution No. 18-NQ/TW dated October 25, 2017 of the 6th Central Conference of the 12th tenure on a number of issues on continuing to innovate and reorganize the apparatus of the political system to be streamlined and operate effectively and efficiently, the SBV has recognized this as an important and urgent political task and thoroughly grasped the spirit of urgency, made efforts to implement it resolutely and effectively with the highest political determination in the entire system.

In a short time, less than 03 months, the Board of Directors, the collective of cadres, civil servants, public employees, and workers of the entire state budget system have united, agreed, agreed, and been determined to basically complete the organizational arrangement, ensuring the set progress and roadmap.

For the State Bank of Vietnam, branches of provinces and centrally run cities, based on the requirements and tasks of the State Bank of Vietnam, the specific nature of the operation and the large and complex management subjects (CIs, People's Credit Funds), therefore, to ensure the full implementation of the function of state management of currency, banking and foreign exchange activities, and perform the function of the State Bank's Office for the economy in provinces and cities, the State Bank of Vietnam has completed the reorganization of 63 State Bank branches of provinces and cities into 15 State Bank branches in the region, ensuring state management, payment activities, monetary security, and warehouses for the banking system.

From March 1, 2025, the State Bank of Vietnam Region 6 will officially operate under a new model according to Decree No. 26/2025/ND-CP dated February 26, 2025 of the Government regulating the functions, tasks, powers and organizational structure of the State Bank of Vietnam.

SBV Region 6 is an administrative organization under the organizational structure of the SBV established on the basis of merging SBV Provincial and Municipal Branches: Hai Phong, Hai Duong, Hung Yen, Quang Ninh and Thai Binh according to Decision No. 306/QD-NHNN dated February 24, 2025 of the SBV Governor, with the function of advising and assisting the SBV Governor in implementing state management of currency, banking and foreign exchange activities in the area and performing a number of central banking operations under the authorization of the Governor;

The unit's headquarters is located in Hai Phong city and 04 satellite locations operate in the provinces: Hai Duong, Hung Yen, Quang Ninh, Thai Binh.

On February 24, 2025, the Governor of the State Bank of Vietnam also issued decisions on the transfer and appointment of personnel of the State Bank of Vietnam Region 6.

Ms. Nguyen Thi Dung, Director of the State Bank of Vietnam, Hai Phong City Branch, holds the position of Acting Director of the State Bank of Vietnam, Region 6.

The Deputy Directors of the State Bank of Vietnam, Region 6, include: Mr. Nguyen Duc Hien, Ms. Nguyen Thi Thanh Binh, Mr. Nguyen Duc Thiep, Mr. Nguyen Minh Chien, Mr. Mai Viet Trung.

The organizational structure of the State Bank of Vietnam, Area 06, includes: Branch leadership board and 07 professional functional departments.

The total number of civil servants as of March 1, 2025 is 236 people, of which 130 people work at the Regional Headquarters and 106 officials work at satellite locations.

The consolidation of the state budget organization, including 15 regional state budget entities, is the result of serious and drastic efforts of the Board of Directors and Steering Committee of the state budget, implementing the consistent instructions of the Central Committee, the Politburo, and the Secretariat on implementing the "revolution" of streamlining the apparatus, which is a key, urgent task, of special significance to the country's development in the new era.

In the coming time, the SBV will continue to implement related tasks to ensure progress, quality and improve the effectiveness and efficiency of state management, meeting the requirements of the Central Steering Committee and the Government Steering Committee.

Thuận Hiền
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