Pham Tien Dung, chairman of the National Payment Corporation of Viet Nam (NAPAS), was appointed head of the State Bank of Viet Nam (SBV)’s payment department on Thursday.

Speaking at the appointment ceremony in Ha Noi on Wednesday, Nguyen Kim Anh, deputy governor of SBV, said payment was one of three key tasks of the central bank, along with policies, and inspection and supervision.

In the past year, the central bank had paid attention to these tasks, including payment, leading to positive results, Anh said.

On April 26, SBV governor Le Minh Hung decided to relieve Bui Quang Tien as head of the payment department to assume his new role on the Bank for Investment and Development of Viet Nam (BIDV)’s management board as a representative of 30 per cent of State-owned capital at the bank from May 1. – VNS