Vietnam: Responsibilities Departments of Statistics and Forecast for statistical reports

According to Article 16 of the Circular No. 35/2015/TT-NHNN of the State Bank of Vietnam, in addition to responsibilities specified in Article 15 hereof, the Department of Monetary Statistics and Forecast shall:

1. Take charge of formulating and requesting the Governor of the State Bank to issue the Circular on statistical reports applying to credit institutions.

2. Update and request the contact point of affiliates of the State Bank to update on the portal of the State Bank.

3. Aggregate statistical reports and request the Governor of the State Bank to approve for the application of reporting forms; supplementation and changes in the right to apply verified statistical reporting forms of affiliates of the State Bank.

4. Receive written appeals for the implementation of this Circular, cooperate with relevant agencies to reply to such appeals; supervise relevant units' appeal processing.

5. Be a contact point and cooperate with relevant units to instruct and inspect the implementation of this Circular; quarterly aggregate remarks and assessment of the implementation of this Circular and submit them to relevant units on behalf of the Governor of the State Bank.

6. Quarterly, make a list of credit institutions violating provisions of statistical reports prescribed in this Circular and submit it to Banking Supervision and Inspection Agencies and Departments.

7. Take charge of and cooperate with relevant units to formulate, store, preserve, provide and publish aggregate statistical figures under the provisions of laws and directions of the Governor of the State Bank.

View more details at the Circular No. 35/2015/TT-NHNN of the State Bank of Vietnam, effective from January 01, 2017.

Le Vy

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