On December 10, Deputy Prime Minister Ho Duc Phoc chaired a meeting on restructuring and streamlining the State Bank of Vietnam's apparatus.
At the meeting, Deputy Prime Minister Ho Duc Phoc requested that the restructuring and streamlining of the State Bank of Vietnam's apparatus must ensure effective operations.
The report of the State Bank of Vietnam said that recently, the State Bank of Vietnam has seriously and urgently implemented the restructuring and streamlining of the apparatus, quickly established a Steering Committee headed by the Governor, developed plans for restructuring and streamlining the apparatus in the spirit of one task, one focal point and assessed the impact of the plans.
The State Bank also reported specifically on the plan to arrange departments, bureaus, and affiliated public service units; the plan to arrange the Banking Inspection and Supervision Agency and State Bank branches in localities.
The two largest reductions are the State Bank branches in provinces/cities and the restructuring of the Banking Inspection and Supervision agency from the General Department model to the Departments.
The State Bank also raised a number of difficulties related to the reorganization, requiring a roadmap to ensure regular operations of the industry and ensure the safety of state assets; at the same time, raised issues related to ensuring regimes and policies for cadres, civil servants, public employees and workers after the reorganization.
Speaking, Deputy Prime Minister Ho Duc Phoc emphasized that streamlining the apparatus is a major policy of the Party and State, which must be implemented resolutely to govern the country more effectively and improve the quality of work. This revolution must be implemented very resolutely, very quickly and flexibly.
In the process of implementing the arrangement and streamlining of the apparatus, it is necessary to do a good job of ideological work to create consensus within the system, and at the same time research and propose policies for affected cadres, civil servants, public employees, and workers.
The Deputy Prime Minister highly appreciated the sense of responsibility and determination of the State Bank, especially in the plan to arrange State Bank branches in localities.
The Deputy Prime Minister also emphasized the requirement that banking inspection and supervision must ensure a reasonable scale, sufficient staff, and sufficient responsibility to effectively perform assigned functions and tasks.
The Deputy Prime Minister requested the State Bank to continue reviewing and calculating to balance and ensure the reduction of focal points as required.
The Deputy Prime Minister also gave instructions to the State Bank on taking over part of the functions, tasks and personnel of the National Financial Supervision Committee.
