Vietnam conducts training on central bank digital currency

The course aims to upskill SBV and relevant agencies in Vietnam.

The State Bank of Vietnam (SBV) and other agencies held a training course on the central bank digital currency (CBDC) in compliance with the framework of the capacity development cooperation of the International Monetary Fund (IMF).

The course aims to further inform SBV and IMF’s Capacity Development Office in Thailand (CDOT) and other IMF’s departments on issues surrounding digital currency in central banks.

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The training also allowed IMF experts to share about the developments, policy objectives, models, risk management, and the legal aspects of CBDC on monetary and fiscal stability.

“In the coming time, the SBV is committed to continuing the cooperation with the IMF to explore and exploit the best use of the opportunities and benefits from the capacity development programs and projects provided and facilitated by the IMF.” SBV said.