Official Notice No. 02/CD-NHNN 2020 on prevention and control of the Covid-19 epidemic

Official Notice

On promoting the prevention and control of the Covid-19 epidemic
in the new situation

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The State Bank of Vietnam

- Units of the State Bank;

- Enterprises under the management of the State Bank;

- Credit institutions and foreign bank branches;

- Associations in the banking industry.

Facing the new, complicated and unpredictable development of the Covid-19 epidemic in the world and in Vietnam, especially from March 06, 2020, to implement the directions of the Secretariat Committee, the Government, the Prime Minister and the National Steering Committee for the Prevention and Control of the Covid-19 epidemic, the Governor of the State Bank requests Heads of units in the whole banking industry to thoroughly grasp all officials and organizations to immediately deploy a number of urgent contents and solutions to prevent and control the epidemic in the banking system as follows:

I. General tasks:

1. To focus on thoroughly, actively and efficiently implementing measures of prevention and control of the epidemic according to the directions of the Party, the Government, the Prime Minister, ministries, branches, localities and the Governor of the State Bank in the new situation. To timely catch and update the official information on the development of the epidemic to actively enhance the application of effective measures of prevention and control of the epidemic.

2. To continue to effectively implement solutions to support enterprises and the people affected by the Covid-19 epidemic in accordance with the directive documents of the Government and the Prime Minister, especially the Directive No. 11/CT-TTg dated March 04, 2020 and the directions of the Governor of the State Bank and relevant ministries, branches and localities. To closely follow the new directions of the relevant levels and branches to update, supplement and organize the implementation.

3. To continue to drastically implement the tasks assigned in the Resolutions No. 01/NQ-CP, 02/NQ-CP dated January 01, 2020 of the Government and the Directive No. 01/CT-NHNN dated January 03, 2020 of the Governor of the State Bank, strive to best fulfill the tasks assigned in 2020, as well as the whole period of 2016-2020, especially the task of stabilizing the monetary market, controlling inflation, supporting growth and restructuring associated with dealing with bad debts of credit institutions.