The Vietnam News Agency (VNA) and the State Bank of Vietnam (SBV) have reached an agreement that looks the bank’s continued provision of information relating to monetary policy, finance, inflation control and macro-economic management for the agency.

At a conference in Hanoi on March 5, VNA General Director Nguyen Duc Loi and SBV Governor Nguyen Van Binh planned to work together to publicise the bank’s policies to prevent inaccurate information from sparking negative effects on the national economy and society.

These included the banks’ efforts to remove barriers for production and trading, support market operations, settle bad loans and restructure the banking system as well as gold trading management.

As a national agency, VNA can boost the effectiveness of legal regulations in the field by making readers aware of new policies, the VNA chief said.

The agency’s information will also focus on the stabilisation of exchange rate, the maintenance of economic growth and remove difficulties for the real estate sector this year, he added.

For his part, Governor Binh highlighted VNA’s accurate, prompt information and its significant role in disseminating information on the Government’s management of monetary policy.

VNA and SBV will look at possibilities to coordinate in joint training courses on finance and banking for reporters.-VNA