SBV Deputy Governor Nguyen Thi Hong meets representatives of U.S. Department of the Treasury
28/10/2020 12:10
On October 26, 2020, Deputy Governor Nguyen Thi Hong of the State Bank of Vietnam (SBV) had a meeting with the representatives of the U.S. Department of the Treasury (USDT) within the framework of the working visit of the U.S. high-level Delegation to Vietnam.
At the meeting, Deputy Governor Nguyen Thi Hong shared information about the SBV's management of the monetary and the exchange rate policies. She said that the Government of Vietnam and the SBV in the role of the central bank have always regulated the policies in a prudent and flexible manner with the aim of stabilizing the macro-economy, improving the resilience of the economy, and preventing and limiting the impacts of adverse external shocks on the domestic economic operations. In addition, the SBV has managed the exchange rate policy within the framework of the general monetary policy in order to achieve the consistent goals of controlling the inflation and stabilizing the macro-economy, not to create any comparative advantages in the international trade, neither to create any support policy for any industry nor to cause any damage to Vietnam's trading partners.
The USDT Delegation spoke high of the coordination of the SBV in exchanging the information about the macro-economic and the monetary; and expressed the desire to continue the cooperation on information exchanges and policy dialogues so that the U.S. side could have a correct and objective assessment of the macroeconomic developments and policy management in Vietnam.
Deputy Governor Nguyen Thi Hong affirmed and emphasized that the Government of Vietnam and the SBV always attach highest importance to and hope to promote the comprehensively cooperative relations between Vietnam and the U.S., actively address the concerns of mutual interests towards a harmonious and sustainable trade balance./.
Source: sbv.gov.vn