On November 9–10, 2025, a delegation from the State Bank of Vietnam (SBV), led by Governor Nguyen Thi Hong, attended the regular meeting of the Bank for International Settlements (BIS) Governors in Basel, Switzerland. Accompanying the Governor were leaders and officials from the International Cooperation Department, the Credit Institutions System Safety Department, and the SBV Office.
Governor Nguyen Thi Hong and the SBV delegation at the BIS headquarters in Basel, Switzerland
Within the framework of the event, the SBV delegation took part in the Global Economy Meeting and the All Governors’ Meeting. These are important forums where central bank governors and representatives exchange and update information on the latest developments in the global economy and financial markets. The meetings also provide opportunities for participants to share experiences, strengthen cooperation, and discuss emerging trends affecting the operations of central banks in the coming period.
On the sidelines of the meetings, the SBV delegation held a technical working session with representatives of the Basel Committee to exchange views on the implementation process of Basel III. Discussions focused on technical issues related to the development and operation of the Internal Ratings-Based (IRB) approach, as well as international experiences in model risk supervision and data management for capital calculation under Basel standards.
Headquartered in Basel, Switzerland, the BIS was established in 1930. It is an international organization of central banks that fosters cooperation among central banks and other agencies in pursuit of monetary and financial stability. Vietnam officially became a member of the BIS in October 2020. As of today, the BIS has 63 member institutions.
HM