Governor, State Bank Nguyen Van Giau of Vietnam
Nguyen Van Giau was named governor in August 2007.
The mid-point will be 16,988 dong per dollar on Thursday, from 16,494 dong on Wednesday, while the daily trading band remains unchanged at 3 percent either side of the mid-point, Giau was quoted by the Vietnam Economic Times newspaper as saying.
has abundant foreign currency reserves.
Nguyen Van Giau is currently Party Secretary and Chairman of the People's Council of Ninh Thuan, a coastal province in central Vietnam.
But in 2003, all hell broke loose, and Giau was forced out, to move to the less attractive job in Ninh Thuan.
Governor of the State Bank of Vietnam, the country's central bank, Nguyen Van Giau has said in a statement reviewing banking activities in 2008 that non-performing loans of banks and credit institutions in Vietnam have accounted for 3.
State Bank of Vietnam Governor Nguyen Van Giau has asked banks to report their lending fees.
Addressing the signing ceremony, Governor Giau said the project is significant as it contributes to poverty reduction in rural areas.
Mr Giau is as ideally placed as anyone in the country to deal with the challenges due to his varied background.
Mr Giau says that the State Bank of Vietnam’s target for 2007 is to have inflation come in at less than 8.
On Monday, State Bank Governor Nguyen Van Giau said he expected bad debt in the banking system to reach 3.
Over sweet strawberry tea in the formal visitors reception room of the central bank building - the 1920s-era former headquarters of the Banque de lIndochine - Giau was adamant: "I will firmly say no to pressure on the central bank to limit the branches of foreign banks to create advantages for state-owned banks.
State Bank Governor Nguyen Van Giau said foreign currency reserves were sufficient to cover the trade deficit and would be bolstered in coming months by rising export revenues and remittances from Vietnamese working abroad.
country to deal with the challenges due to his varied background.
State Bank of Viet Nam (SBV) ordered commercial banks to consider the interest rate reduction for old credit contracts with fixed interest rates for each borrower, State Bank governor Nguyen Van Giau said at the 2008 summarise conference of Agribank.