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Vietnam names first-ever female central bank governor

Vietnam names first-ever female central bank governor

Thursday, November 12, 2020, 19:37 GMT+7
Vietnam names first-ever female central bank governor
From left: Minister of Health Nguyen Thanh Long, State Bank Governor Nguyen Thi Hong, Minister of Science and Technology Huynh Thanh Dat. Photo: Tuoi Tre

The lawmaking National Assembly on Thursday approved the appointment of a new central bank governor after the former one had taken on a new job in the Communist Party of Vietnam.

Over 97 percent of the lawmakers present ratified Prime Minister Nguyen Xuan Phu’s choice of Nguyen Thi Hong, a Hanoian, as governor of the State Bank of Vietnam.

Hong, 52, has thus become the first-ever female central bank governor.

She had been deputy governor since 2014.

Her predecessor, Le Minh Hung, assumed his new duty as chief of the Office of the Central Party Committee in October this year.   

The legislature approved the appointment of Huynh Thanh Dat, 58, as Minister of Science and Technology and Nguyen Thanh Long, 54, as Minister of Health the same day.

Dat was director of the Vietnam National University, Ho Chi Minh City while Long was acting health minister.

Dat, from Ben Tre Province, secured an approval rate of over 92 percent while that of Long, from Nam Dinh Province, topped 95 percent.

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