State Bank Of Vietnam
The State Bank of Vietnam (SBV; ) is the central bank of Vietnam. Organized as a Ministry (government department), ministry-level body under the Government of Vietnam, it is the sole issuer of the national currency, the Vietnamese đồng. As of 2024 it holds over USD 100 million in foreign exchange reserves. History When Indochina was under French Indochina, French rule, the colonial government governed the Indochinese monetary system through Banque de l'Indochine, which also acted as a commercial bank in French Indochina. After the August Revolution in 1945, the government of the Democratic Republic of Vietnam gradually attempted to exercise a monetary system independent from France. On 6 May 1951, president Ho Chi Minh, Hồ Chí Minh signed decree 15/SL on establishment of Vietnam National Bank (''Ngân hàng Quốc gia Việt Nam''). On 21 January 1960, the governor of the bank signed an ordinance on behalf of the prime minister to rename the bank State Bank of Vietnam ( ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Of Vietnam
The Government of the Socialist Republic of Vietnam (; less formally the Vietnamese Government or the Government of Vietnam, ) is the Cabinet (government), cabinet and the central Executive (government), executive arm of the Politics of Vietnam, state administration of Vietnam. The members of the Government are appointed by the President of Vietnam on the advice of the Prime Minister of Vietnam and approved by the National Assembly of Vietnam, National Assembly. The Government is led by the Communist Party of Vietnam (CPV), which is headed by the General Secretary of the Communist Party of Vietnam, CPV general secretary, often seen as the highest political post in Vietnam. The current government is the Government of Phạm Minh Chính (also known as the Government of the 15th National Assembly), which was established in accordance with the Constitution of Vietnam, 2013 Constitution of the Socialist Republic of Vietnam. Throughout history, each state administration of Vietnam h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Republic Of Vietnam
South Vietnam, officially the Republic of Vietnam (RVN; , VNCH), was a country in Southeast Asia that existed from 1955 to 1975. It first garnered international recognition in 1949 as the State of Vietnam within the French Union, with its capital at Saigon, before becoming a republic in 1955, when the southern half of Vietnam was a member of the Western Bloc during part of the Cold War after the 1954 division of Vietnam. South Vietnam was bordered by North Vietnam (Democratic Republic of Vietnam) to the north, Laos to the northwest, Cambodia to the southwest, and Thailand across the Gulf of Thailand to the southwest. Its sovereignty was recognized by the United States and 87 other nations, though it failed to gain admission into the United Nations as a result of a Soviet veto in 1957. It was succeeded by the Republic of South Vietnam in 1975. In 1976, the Republic of South Vietnam and North Vietnam merged to form the Socialist Republic of Vietnam. The end of the Secon ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lê Viết Lượng
Le is a romanization of several rare East Asian surnames and a common Vietnamese surname. It is a fairly common surname in the United States, ranked 975th during the 1990 census and 368th during the 2000 census. In 2000, it was the eighth-most-common surname among America's Asian and Pacific Islander population, predominantly from its Vietnamese use. It was also reported among the top 200 surnames in Ontario, Canada, based on a survey of that province's Registered Persons Database of Canadian health card recipients as of the year 2000. Origins of surname Vietnamese Lê is a common Vietnamese surname (third most common), written in Chữ Hán. It is pronounced in the Hanoi dialect and in the Saigon dialect. It is usually pronounced in English, with it being commonly mistaken for another surname, with similar spelling and pronunciation in English, Lý. Chinese Mandarin Le is the Pinyin romanization of the Chinese surname (written 乐 in Simplified Chinese characters an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nguyễn Lương Bằng
Nguyễn Lương Bằng (2 April 1904 – 20 July 1979) was a Vietnamese revolutionary activist and politician. He held the post as Vice President of Vietnam from 1969 to 1979 (North Vietnam until 1976), and General Director of State Bank of Vietnam, Vietnam National Bank. He was North Vietnam's first ambassador in the Soviet Union from 1953 to 1956 and the Government Inspector General in 1956. Early life Nguyễn Lương Bằng was born on April 2, 1904, in Thanh Miện District in Hải Dương. He was born into a poor family with patriotic traditions. Throughout his life he used the alias Anh Cả, and Sao Đỏ. In December 1925, he was admitted to the Vietnam Revolutionary Youth Association. From there he and some other patriotic youth attended political training classes led by Hồ Chí Minh Hồ Tùng Mậu, Lê Hồng Sơn. In October 1929, in Hong Kong he was admitted to the Communist Party led by Nguyễn Ái Quốc (Hồ Chí Minh). In May 1931, he was captured secre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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International Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actuall ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic Policy
''Economic Policy'' is a quarterly peer-reviewed academic journal published by Oxford University Press, Oxford Academic on behalf of the Centre for Economic Policy Research, the Center for Economic Studies (University of Munich), and the Paris School of Economics. The journal was established in 1985 and covers international economic policy topics such as macroeconomics, microeconomics, the labour market, trade, exchange rate, taxation, economic growth, government spending, and Human migration, migration. The journal had an impact factor of 2.844 in 2016, ranking it 33/347 in the category "Economics". References External links * {{Official website, https://academic.oup.com/economicpolicy Wiley-Blackwell academic journals English-language journals Academic journals established in 1985 Quarterly journals Economics journals ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Institution
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institution: # Depository institution – deposit (finance), deposit-taking institution that accepts and manages deposits and makes loans, including bank, building society, credit union, trust company, and mortgage broker; # Contractual institution – insurance company and pension fund # Investment institution – investment banking, investment bank, underwriter, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * commercial bank * cooperative banking, cooperative bank Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business str ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability (normally interpreted as a low and stable rate of inflation). Further purposes of a monetary policy may be to contribute to economic stability or to maintain predictable exchange rates with other currencies. Today most central banks in developed countries conduct their monetary policy within an inflation targeting framework, whereas the monetary policies of most developing countries' central banks target some kind of a fixed exchange rate system. A third monetary policy strategy, targeting the money supply, was widely followed during the 1980s, but has diminished in popularity since then, though it is still the official strategy in a number of emerging economies. The tools of monetary policy vary from central bank to central bank, depending on the country's stage of development, inst ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nam Định
Nam Định () is the capital city of Nam Định province in the Red River Delta of the Northern Vietnam. History From August 18–20 of each year, there is a festival held in Nam Định called the Cố Trạch. This celebration honors General Trần Hưng Đạo, a 13th-century national hero who led Annamese forces to victory over the invading Mongols. Middle Ages Before the Trần dynasty, the land of modern Namdinh City of a northern area of an area was called as ''Hiển-khánh district'', which corresponds to half of the modern area of Nam Định province. This was the intersection of three large rivers, so it was very convenient for trade. The name of the city, under Trần dynasty, was Thiên Trường (天長) meant "where the Sky remains for Eternity". It is first mentioned to mark the birth of the city in 1262 by Emperor Trần Thái Tông. The name Thiên Trường was probably the name for a whole '' phủ'', which at the time would be equivalent to a specia ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Haiphong
Haiphong or Hai Phong (, ) is the third-largest city in Vietnam and is the principal port city of the Red River Delta. The municipality has an area of , consisting of 8 urban districts, 6 rural districts and 1 municipal city (sub-city). Two of the rural districts cover islands in the South China Sea: Bạch Long Vĩ and Cát Hải. It has a population of 2,130,898 in 2023. The city's economy has strength in manufacturing, as evidenced by large industrial parks and numerous smaller traditional handicraft villages. Historically, Haiphong was the first place in Vietnam and Mainland Southeast Asia to get electricity. In the imperial era of Đại Việt, the Bạch Đằng River in Haiphong was a place of many legendary victories, led by now-legendary commanders Ngô Quyền and Trần Hưng Đạo. In the 16th century, Mạc dynasty promoted the coastal settlement as a secondary capital, growing to become an important port town of Đàng Ngoài. After the French conquest of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ho Chi Minh City
Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigon River. As a Municipalities of Vietnam, municipality, Ho Chi Minh City consists of 16 List of urban districts of Vietnam, urban districts, five Huyện, rural districts, and one Municipal city (Vietnam), municipal city (sub-city). As the largest financial centre in Vietnam, Ho Chi Minh City has the largest gross regional domestic product out of all Vietnam provinces and municipalities, contributing around a quarter of the Economy of Vietnam, country's total GDP. Ho Chi Minh City metropolitan area, Ho Chi Minh City's metropolitan area is List of ASEAN country subdivisions by GDP, ASEAN's 5th largest economy, also the biggest outside an ASEAN country capital. The area was initially part of Cambodian states until it became part of the Vietna ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |