The State Bank of Vietnam (SBV) is the central bank of Vietnam, responsible for managing the country's monetary policy and ensuring financial stability. Established in 1951, it plays a crucial role in regulating the banking system, issuing currency, and overseeing foreign exchange activities. The SBV also supervises commercial banks and financial institutions, promoting a safe and efficient banking environment. Its key functions include setting interest rates, managing inflation, and facilitating economic growth through various financial programs and policies.