Prime Minister Nguyen Xuan Phuc has just signed a Decision to establish a 39-member National Financial and Monetary Policy Advisory Council.

According to this decision, Deputy Prime Minister Vuong Dinh Hue will hold the position of Chairman of the Council. The three Vice Chairmen include: Governor of the State Bank of Vietnam Le Minh Hung (Standing Vice Chairman of the Council); Minister of Finance - Dinh Tien Dung; Chairman of the National Financial Supervisory Commission Vu Viet Ngoan.

Deputy Prime Minister Vuong Dinh Hue holds the additional position of Chairman of the National Financial and Monetary Policy Advisory Council.

In addition, there are 27 Council members from the Central Economic Committee, the State Bank, the National Assembly Economic Committee, the Ministry of Finance, the Ministry of Planning and Investment, the State Securities Commission, the Government Office, the Vietnam Economic Institute, the Central Institute for Economic Management Research....

The Council also brings together many famous independent economic experts, including: Le Duc Thuy, Truong Dinh Tuyen, Vo Tri Thanh, Le Xuan Nghia, Tran Du Lich, Nguyen Cong Nghiep, Nguyen Thi Mui....

The National Financial and Monetary Policy Advisory Council is responsible for discussing and proposing to the Government and the Prime Minister major policies, plans and important issues in the financial and monetary fields.

In addition, advise the Government and the Prime Minister on financial and monetary policies and plans for each period; measures for the Government and the Prime Minister to effectively implement the policies and plans that have been decided; advise on a number of other issues related to the implementation of financial and monetary policies and plans when assigned by the Prime Minister...

The first meeting of the National Financial and Monetary Policy Advisory Council is expected to take place in mid-June 2016, to assess the management of the macro economy in the first 6 months of the year and advise the Government and the Prime Minister on management solutions in the last 6 months of the year, to achieve the set economic development goals. At this meeting, the Council will also discuss and develop a full-term working program based on the Resolution of the 12th Party Congress...

According to VnExpress