The Law on the State Bank of Vietnam 2010 stipulates: "The national monetary policy consists of national-level decisions on monetary affairs made by the state authorities, including decisions on the objective of currency value stability which is denoted by the inflation rate, and decisions on the the use of tools and measures to obtain the set objectives ".

Orientation of monetary policy management and banking operations in 2015

On the basis of Resolution No. 77/2014/QH13 dated November 10, 2014 on the economic development plan for 2015 and the achieved results in 2014, the SBV determined the objectives and the major measures on monetary policy management in 2015 as follows: " manage the monetary policy in a proactive and flexible manner in close association with the fiscal policy to control inflation, stabilize macro-economy, support economic growth at a reasonable level, and ensure the liquidity of credit institutions. Flexibly manage the reasonable interest and exchange rates in consistence with macro-economic and monetary developments, especially inflation; and ensure the value of Vietnam dong, continue to restrict the dollarization and goldarization. Implementing credit measures towards credit extension together with credit quality control; focusing on lessening difficulties to help boosting business and production; continuing to implement programs on connecting bank loans with economic policies, shifting credit structure towards focusing on the priority areas. Accelerating the progress of NPLs resolution and credit institution restructuring, ensuring the implementation of the roadmap of the Scheme on restructuring the system of credit institutions for 2011-2015 period which was approved by the Prime Minister. Strengthening the coordination with the other macro-economic policies".