| THE STATE BANK ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 04/2002/CT-NHNN | Hanoi, April 01, 2002 |
DIRECTIVE
ON THE STATE BANK'S LEGAL WORK IN 2002
Over the past time, the legal work of the State Bank has gained encouraging achievements; the elaboration and issuance of legal documents, the law dissemination and education, the inspection of law enforcement, the revision and systematization of legal documents, and the provision of legal consultancy have been synchronously organized and deployed. These activities have played an active role in the performance of the State management in the banking field, thus ensuring the effective and uniform macro- administration and -direction by the State Bank and contributing an important part to the general success of the banking service.
However, the role of legal work has not yet been properly perceived and evaluated and there remain several limitations in the deployment of legal work in some cases, failing to meet the requirements of the reality as well as of the managerial work. Regarding the elaboration of legal documents, some have not yet been issued in time and as scheduled; the revision, and evaluation of the implementation, of legal documents have neither been given due attention nor carried out regularly; some troubles and difficulties in the course of implementing legal documents have not yet been promptly reflected. Besides, the lack of information and comprehensive knowledge about international laws and practices has greatly affected the deployment of legal work. These limitations and shortcomings have constituted difficulties and challenges for the management of banking activities in the coming period as well as in the process of international economic integration.
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