What is the organizational structure of the State Bank of Vietnam from March 1, 2025? What are the tasks the State Bank of Vietnam collaborates with the Ministry of Finance of Vietnam on March 1, 2025?

What is the organizational structure of the State Bank of Vietnam from March 1, 2025?

Pursuant to Article 3 of Decree 26/2025/ND-CP (effective from March 1, 2025) regulating the organizational structure of the State Bank of Vietnam of Vietnam as follows:

(1) Department of Monetary Policy.

(2) Department of Payment.

(3) Department of Credit for Economic Sectors.

(4) Department of Forecasting, Statistics - Monetary, Financial Stability.

(5) Department of International Cooperation.

(6) Department of Legal Affairs.

(7) Department of Finance and Accounting.

(8) Department of Personnel Organization.

(9) Office.

(10) State Bank of Vietnam Inspectorate.

(11) Transaction Office.

(12) Information Technology Department.

(13) Department of Issuance and Vault.

(14) Department of Foreign Exchange Management.

(15) Department of Anti-Money Laundering.

(16) Department of Credit Institution Management and Supervision.

(17) Department of Safety for Credit Institution Systems.

(18) State Bank of Vietnam branches in regions (Regional State Bank of Vietnam).

(19) National Credit Information Center of Vietnam.

(20) Banking Times.

- The units specified from (1) to (18) are administrative organizations assisting the Governor of the State Bank of Vietnam in performing the functions of state management and the Central Bank function;

- The units specified in (19) and (20) are public service providers serving the state management function of the State Bank of Vietnam.

The Department of Monetary Policy, and the Department of Forecasting, Statistics - Monetary, Financial Stability each have 6 divisions. The Department of Credit for Economic Sectors, Department of International Cooperation, Department of Finance and Accounting, and Department of Personnel Organization each have 5 divisions. The Department of Payment has 4 divisions. The Department of Legal Affairs has 3 divisions.

The Governor of the State Bank of Vietnam proposes to the Prime Minister of the Government of Vietnam to issue a list of other public service providers under the State Bank of Vietnam of Vietnam.

The Governor of the State Bank of Vietnam issues decisions defining the functions, tasks, powers, and organizational structure of the organizations and units under the State Bank of Vietnam in accordance with the law.

What is the organizational structure of the State Bank of Vietnam from March 1, 2025? (Image from the Internet)

What are the tasks the State Bank of Vietnam collaborates with the Ministry of Finance of Vietnam on March 1, 2025?

Pursuant to Clause 23 Article 2 of Decree 26/2025/ND-CP (effective from March 1, 2025) regulating the tasks and powers of the State Bank of Vietnam of Vietnam as follows:

Tasks and Powers

...

19. Perform Central Bank operations:

a) Organize the design of currency models, print, mint, preserve, and transport paper money and coins; perform issuance, recall, replacement, and destruction operations for paper money and coins;

b) Provide refinancing to supply short-term capital and payment instruments to credit institutions; refinance credit institutions to support specific subjects as directed by the Government of Vietnam, the Prime Minister of the Government of Vietnam;

c) Organize, operate, and develop the money market; manage and operate the domestic currency market, the interbank foreign currency market.

20. Provide special loans to credit institutions as prescribed by law.

21. Organize a credit information system and provide credit information services; perform the state management function over credit information activities; analyze credit ratings of legal entities and individuals within the territory of Vietnam.

22. Act as an agent and provide banking services for the State Treasury.

23. Participate with the Ministry of Finance of Vietnam in the issuance of bonds by the Government of Vietnam, and bonds guaranteed by the Government of Vietnam.

24. Decide on approval of investment policies, invest in programs, and projects under the management of the State Bank of Vietnam; organize monitoring, evaluation, supervision, inspection, and audit of the implementation of plans, programs, and projects managed by the State Bank of Vietnam according to the law.

25. Organize and direct scientific research, apply scientific advances, technology, and environmental protection in the banking sector according to the law.

26. Organize training and professional development in monetary and banking according to the law.

...

Thus, the State Bank of Vietnam is tasked with participating with the Ministry of Finance of Vietnam in the issuance of bonds by the Government of Vietnam, and bonds guaranteed by the Government of Vietnam.

What is the cash withdrawal fee at the State Bank of Vietnam currently?

According to Article 3 of Circular 35/2014/TT-NHNN (amended by Clause 1 Article 1 of Circular 27/2019/TT-NHNN) the cash withdrawal fee at the State Bank of Vietnam is regulated as follows:

- Credit institutions and branches of foreign banks are exempt from cash withdrawal fees in a month when the value of cash withdrawn via the payment account is less than or equal to the value of cash not meeting circulation standards submitted to the State Bank of Vietnam where the account is opened.

- Credit institutions and branches of foreign banks are subjected to a fee of 0.005% on the positive difference within a month between the value of cash withdrawn via the payment account minus the value of cash not meeting circulation standards submitted to the State Bank of Vietnam where the account is opened.