THE STATE BANK
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 42/2003/QD-NHNN
Hanoi , January 13, 2003
 
DECISION
ON THE PROGRAM OF ACTION FOR INTERNATIONAL ECONOMIC INTEGRATION IN THE BANKING DOMAIN
THE GOVERNOR OF THE STATE BANK
Pursuant to the State Bank Law of December 12, 1997;
Pursuant to the Government’s Decree No. 86/2002/ND-CP of November 5, 2002 prescribing the functions, tasks, powers and organizational structure of the ministries and ministerial-level agencies;
Pursuant to the Prime Minister’s Decision No. 37/2002/QD-TTg of March 14, 2002 on the Government’s program of action for implementation of the Politburo’s Resolution No. 07-NQ/TW on international economic integration;
At the proposal of the director of the Department for International Relations,
DECIDES:
Article 1.- To issue together with this Decision the program of action for international economic integration in the banking domain.
Article 2.- This Decision takes effect after its signing.
Article 3.- The Office’s director, the heads of the State Bank’s concerned units, the director of the Banking Institute and the directors of the State Bank’s provincial/municipal branches shall have to implement this Decision.
 
STATE BANK GOVERNOR




Le Duc Thuy
 
PROGRAM OF ACTION
FOR INTERNATIONAL ECONOMIC INTEGRATION IN THE BANKING DOMAIN
(Issued together with the State Bank Governor’s Decision No. 42/2003/QD-NHNN of January 13, 2003)
In order to gain initiative in the integration process, in the spirit of the Politburo’s Resolution No. 07-NQ/TW on international economic integration, Vietnam should build a banking system, which is diversified in forms, prestigious among customers and competitive, operates efficiently and safely, has the capability to better mobilize various capital sources in the society and to expand investment, meeting the requirements of the national cause of industrialization and modernization; step up the work of training a contingent of banking officials, who are politically steadfast, proficient in banking operations and relevant operations, make good use of informatic technological achievements, are fluent in foreign languages, and have industrial working style and high sense of discipline, thus contributing to raising the working efficiency in the banking sector.