Will Vietnam restructure the central bank?
For the last ten years, the State Bank of Vietnam has said it would restructure its operations. The government has instructed SBV to continue the plan on restructuring the banking system in 2016-2020. But the restructuring has not been implemented, though SBV once drew up a plan years ago. Later, one more task was added: the State Bank’s operation aims to ensure the safety and efficiency of the nation’s payment system. As many different goals were set up for the central bank, analysts emphasized that it was necessary to define the priority order of the tasks.
