The State Bank of Vietnam (SVB) organised a ceremony in Hanoi on December 8 to award a certificate of merit and commemorative medals to Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) Vietnam leaders and managers.
The awards were presented by Deputy Governor of SVB Nguyen Dong Tien to Jochem Lange, Country Director of GIZ Vietnam to recognise the GIZ for its outstanding contribution to the banking cooperation between Vietnam and Germany.
Under the cooperation framework of the Vietnamese and German governments, which is ongoing since 1993, the German government through GIZ has continuously provided programmes and projects to support the development of Vietnam’s banking sector in the context of economic transformation and comprehensive international integration.
GIZ has been proactively cooperating and supporting SBV in the building of legal and institutional frameworks required for implementing its state management functions and ensuring sound and effective operation of the banking system, according to the SBV's report.
Prominent examples are the Law on State Bank of Vietnam, Law on Credit Institutions, monetary policy and its instruments, especially open market operation instrument, anti-dollarisation strategy internal audit and internal control framework for commercial banks, the report shows.
At the awarding ceremony.
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Under the cooperation framework of the Vietnamese and German governments, which is ongoing since 1993, the German government through GIZ has continuously provided programmes and projects to support the development of Vietnam’s banking sector in the context of economic transformation and comprehensive international integration.
GIZ has been proactively cooperating and supporting SBV in the building of legal and institutional frameworks required for implementing its state management functions and ensuring sound and effective operation of the banking system, according to the SBV's report.
Prominent examples are the Law on State Bank of Vietnam, Law on Credit Institutions, monetary policy and its instruments, especially open market operation instrument, anti-dollarisation strategy internal audit and internal control framework for commercial banks, the report shows.
