Vietnam: 05 methods for making statements and providing information for the press

Vietnam: 05 methods for making statements and providing information for the press
Nguyen Trinh

Recently, the State Bank has issued Circular 26/2020/TT-NHNN on statement making and information provision by the State Bank of Vietnam.

According to Article 5 of Vietnam's Circular 26/2020/TT-NHNN, 05 methods for making statements and providing information for the press includes:

  • Post statements and information on the web portal of the State Bank (Vietnamese and English pages); contents, duration and units in charge of information provision are provided for in the Appendix enclosed therewith.
  • Hold press conferences.

  • Make statements directly or give interviews to the press.

  • Send press releases and replies to the press in writing or via emails.

  • Other methods per the law in Vietnam.

In addition, this Circular also stipulates that the person who makes the statement and provides information of the State Bank of Vietnam includes:

  • Governor of the State Bank (hereinafter referred to as “Governor”);
  • Persons assigned to make statements and provide information for the press on a regular basis by the Governor (hereinafter referred to as “speaker”);

  • Persons authorized to make statements (hereinafter referred to as “authorized speakers”) or tasked with cooperating with the speaker in making statements or providing information concerning specific matters for the press by the Governor.

More details can be found in Vietnam's Circular 26/2020/TT-NHNN, effective from February 20, 2021.

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