Circular No. 84/2025/TT-NHNN on Financial Reporting Regime for the State Bank of Vietnam

CIRCULAR

REGULATING THE FINANCIAL REPORTING SYSTEM FOR THE STATE BANK OF VIETNAM

Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12;

Pursuant to the Accounting Law No. 88/2015/QH13 amended and supplemented by Law No. 56/2024/QH15;

Pursuant to Decree No. 26/2025/NĐ-CP of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

Pursuant to Decision No. 08/2013/QĐ-TTg of the Prime Minister on the accounting system applicable to the State Bank of Vietnam;

At the proposal of the Director of the Department of Finance and Accounting;

The Governor of the State Bank of Vietnam hereby promulgates this Circular regulating the Financial Reporting System for the State Bank of Vietnam.

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

This Circular regulates the contents, methods of preparation, presentation, submission, and preservation and storage of financial reports for the State Bank of Vietnam (hereinafter referred to as SBV).

Article 2. Applicability

Units under the SBV as specified in Clause 3 of Article 3 of this Circular.

Article 3. Explanation of Terms

In this Circular, the following terms shall be understood as follows:

1. Financial report of the SBV means comprehensive and explanatory reports on key financial and monetary indicators of the SBV, prepared and presented according to current accounting standards and regulations based on the consolidation of financial reports from units under the SBV.

2. Financial report of units under the SBV is a component of the financial report of the SBV prepared and presented by units under the SBV based on their financial and monetary conditions.

3. Units under the SBV include: SBV units and SBV affiliated public service units (excluding units directly receiving and settling state budget funds), specifically:

a) SBV units are dependent accounting units, including: SBV Regional Branch; Department of Finance and Accounting; Trading Center; Office; Foreign Exchange Management Department; Information Technology Department; Issue and Treasury Department; Information Technology Sub-department; Issue and Treasury Sub-department; and SBV units with official development assistance projects (ODA projects).

b) SBV affiliated public service units are independent accounting units directly under the SBV, including: National Credit Information Center of Vietnam, Banking Times, and Specialized Investment Construction Project Management Board.

Article 4. Basis and General Principles for Preparing Financial Reports

1. Financial reports are prepared based on data from accounts within and outside the Financial Status Report in accordance with the nature and content of the accounts as prescribed in the current SBV Accounting Account System and the current Administrative and Public Service Unit Accounting Account System.

2. Financial reports must timely, fully, accurately, truthfully, and objectively reflect data on activities of units under the SBV. For certain financial report forms accompanied by explanatory requirements, they must clearly and fully present the issues that need to be explained.

3. The currency used to prepare financial reports is the Vietnamese Dong.

Article 5. Form of Financial Reports

Financial reports are presented in the form of paper documents or electronic documents on the SBV accounting software.

Article 6. Fiscal Year

The fiscal year of the SBV begins on January 1 and ends at the end of December of the Gregorian calendar year.

Chapter II

SPECIFIC PROVISIONS

Section 1

FINANCIAL REPORTS OF UNITS UNDER THE SBV

Article 7. Financial Reports of Units Under the SBV

1. Financial reports of SBV units include four forms and are prepared periodically as follows:

2. The contents, methods of preparation, and presentation of these forms of financial reports of SBV units shall be implemented in accordance with Articles 11, 12, 14, and 16 of this Circular. Specifically:

a) Balance Sheet of Accounting Accounts, Balance Sheet of Accounting Accounts and Annual Settlement Revenue, Financial Statement Explanation of SBV Units: Prepared in two copies (sent to the Department of Finance and Accounting and kept at the SBV unit) and must have complete signatures and seals of the SBV unit;

b) Report on Activities of SBV Units: Prepared in one copy kept at the SBV unit and must have complete signatures and seals of the unit.

3. SBV units with ODA projects and SBV affiliated public service units shall prepare and present financial reports according to the current administrative and public service accounting system and convert relevant indicators in accordance with SBV guidelines to consolidate and integrate them into the financial report of the SBV.

Article 8. Place of receipt, form, and deadline for submitting financial reports of units under the State Bank

1. Place to receive financial reports of units under the State Bank: Department of Finance - Accounting.

2. Form of submission of financial reports of units under the State Bank: Paper document or electronic document on the State Bank accounting software according to the guidance of the State Bank.

3. Regularly (monthly, quarterly, annually), units under the State Bank shall prepare Financial Reports and submit them to the State Bank (Department of Finance - Accounting) as follows:

a) For monthly Financial Report: no later than five days from the end of the month;

b) For quarterly Financial Report: no later than five days from the end of the quarter;

c) For annual Financial Report: no later than ten days from the end of the fiscal year.

If the last day of the submission deadline falls on a public holiday, festival, or weekend, the submission date for the Financial Report shall be the next working day immediately following the holiday, festival, or weekend.

Section 2

FINANCIAL REPORTS OF THE STATE BANK

Article 9. Financial Reports of the State Bank

1. The Financial Reports of the State Bank are prepared based on the consolidation of data from the Financial Reports of units under the State Bank. The system of Financial Reports of the State Bank includes three forms and is prepared regularly as follows:

2. In addition to the Financial Reports of the State Bank specified in Clause 1 of this Article, the State Bank prepares other forms of Financial Reports regularly to serve management and operation as follows:

3. The content, method of preparation, and presentation of the Financial Reports forms of the State Bank shall comply with the provisions of Articles 11, 12, 13, 15, and 17 of this Circular. The Financial Reports of the State Bank must have full signatures and seals of the State Bank.

Article 10. Place of receipt, form, and deadline for submitting Financial Reports of the State Bank

1. Place to receive Financial Reports of the State Bank:

2. Form of submission of Financial Reports of the State Bank: Paper document.

3. Regular submission of Financial Reports of the State Bank:

The Financial Reports of the State Bank are submitted to units and individuals within the State Bank and the Ministry of Finance, National Audit Office regularly monthly, quarterly, and annually as stipulated in Clause 1 of this Article.

4. Deadline for submitting Financial Reports of the State Bank:

a) Monthly Financial Report: no later than ten days from the end of the month;

b) Quarterly Financial Report: no later than twenty days from the end of the quarter;

c) Annual Financial Report: no later than forty-five days from the end of the year.

Section 3

METHODS OF PREPARATION AND PRESENTATION

OF REPORT FORMS

Article 11. Ledger Balance Sheet

1. Purpose:

a) The Ledger Balance Sheet reflects the volume of operations, opening balances, closing balances, and cumulative figures from the beginning of the year of all accounts from level III to level I in an accounting period (month/quarter);

b) The Ledger Balance Sheet is prepared for both internal and external accounts as defined in the State Bank's Accounting Ledger System.

2. Basis for preparation:

a) Detailed accounting books and summary accounting books;

b) Previous month/quarter Ledger Balance Sheet.

3. Method of preparing indicators:

When preparing the Ledger Balance Sheet monthly/quarterly according to Form B01a/NHNN attached as an appendix to this Circular, the following regulations must be followed:

a) Level III accounts with two balances must retain both balances on the Ledger Balance Sheet without offsetting each other;

b) The total opening debit balance must equal the total opening credit balance; the total debit transactions during the period must equal the total credit transactions during the period; the total cumulative debit transactions from the beginning of the year must equal the total cumulative credit transactions from the beginning of the year; the total closing debit balance must equal the total closing credit balance;

c) The opening debit balance and opening credit balance must equal the previous period's closing debit balance and closing credit balance.

Article 12. Ledger Balance Sheet and Year-end Settlement Volume

1. Purpose:

a) The Ledger Balance Sheet and Year-end Settlement Volume reflect the volume of operations, opening balances, and closing balances of all accounts from level III to level I in an accounting period (year);

b) The Ledger Balance Sheet and Year-end Settlement Volume are prepared for both internal and external accounts as defined in the State Bank's Accounting Ledger System.

2. Basis for preparation:

a) Detailed accounting books and summary accounting books;

b) Previous year's Ledger Balance Sheet.

3. Method of preparing indicators:

When preparing the Ledger Balance Sheet and Year-end Settlement Volume according to Form B01b/NHNN attached as an appendix to this Circular, the following regulations must be followed:

a) Level III accounts with two balances must retain both balances on the Ledger Balance Sheet without offsetting each other;

b) The "Year-end Settlement Volume" section reflects all income and expense accounts that occurred during the fiscal year and the implementation of transfers to the year-end revenue and expenditure difference account;

c) The total settlement volume in the "Year-end Settlement Volume" section must equal the sum of the transfer volumes in the "Income", "Expenses", and "Revenue and Expenditure Difference" accounts.

Article 13. Financial Situation Report

1. Purpose:

The Financial Situation Report is a consolidated financial report reflecting generally the total value of current assets and the sources forming such assets at a specific point in time.

The figures on the Financial Situation Report provide the total value of current assets of the State Bank of Vietnam according to the structure of assets, capital sources, and the structure of capital sources forming those assets. Based on the Financial Situation Report, it is possible to make general observations and evaluate the financial situation of the State Bank of Vietnam.

2. Basis for preparation:

a) Detailed accounting books and summary accounting books;

b) Balance sheet of accounting accounts of the previous quarter and the quarter being reported.

c) Financial situation report of the previous quarter/year.

3. Method of preparing indicators:

The Financial Situation Report is prepared according to Form B02/NHNN attached as an appendix to this Circular.

Article 14. Report on the Results of Operations of Units under the State Bank of Vietnam

1. Purpose:

The Report on the Results of Operations of Units under the State Bank of Vietnam is a consolidated report reflecting generally the income and expenses during the accounting period of the quarter/year at units under the State Bank of Vietnam. The Report on the Results of Operations of Units serves as a basis for checking and monitoring the financial income and expenditure situation of units under the State Bank of Vietnam.

2. Basis for preparation:

a) Detailed accounting books and summary accounting books;

b) Report on the results of operations of units under the State Bank of Vietnam of the previous year's fiscal year.

c) Balance sheet of accounting accounts of the quarter being reported.

3. Method of preparing indicators:

a) The Report on the Results of Operations of Units under the State Bank of Vietnam is prepared according to Form B03/ĐV-NHNN attached as an appendix to this Circular.

b) The figures for preparing the Report on the Results of Operations of Units under the State Bank of Vietnam are figures from accounts of type 7 "Income" and accounts of type 8 "Expenses" at units under the State Bank of Vietnam.

Article 15. Report on the Results of Operations of the State Bank of Vietnam

1. Purpose:

The Report on the Results of Operations of the State Bank of Vietnam is a consolidated financial report reflecting generally the situation and results of operations during an accounting period of the quarter/year of the entire system of the State Bank of Vietnam, serving as a basis for checking and monitoring the financial income and expenditure situation of the State Bank of Vietnam.

2. Basis for preparation:

a) Report on the results of operations of the State Bank of Vietnam of the previous quarter/year.

b) Balance sheet of accounting accounts of the previous month/quarter, balance sheet of accounting accounts and final settlement turnover of the previous year.

c) Figures on accounts of type 7 "Income" and accounts of type 8 "Expenses" on the balance sheet of accounting accounts up to the time of preparing the report of the State Bank of Vietnam.

3. Method of preparing indicators:

The Report on the Results of Operations of the State Bank of Vietnam is prepared according to Form B03/NHNN attached as an appendix to this Circular.

Article 16. Financial Notes of Units under the State Bank of Vietnam

1. Purpose:

The Financial Notes of Units under the State Bank of Vietnam is a report explaining certain contents in reports sent to the State Bank of Vietnam (Financial Department - Accounting), thereby clarifying certain indicators regarding assets and income and expense situations at units under the State Bank of Vietnam.

2. Basis for preparation:

a) Detailed accounting books and summary accounting books;

b) Balance sheet of accounting accounts of the quarter and balance sheet of accounting accounts and final settlement turnover of the year.

c) Report on the results of operations of units under the State Bank of Vietnam of the previous period; Financial Notes of units under the State Bank of Vietnam of the previous period.

d) Actual situation of units and other related documents.

3. Method of preparing indicators:

a) The preparation of indicators in the Financial Notes of Units under the State Bank of Vietnam is carried out according to Form B04/ĐV-NHNN attached as an appendix to this Circular.

b) Units under the State Bank of Vietnam shall not cut off or add any indicators already specified in the form.

Article 17. Financial Notes of the State Bank of Vietnam's Financial Report

1. Purpose:

The Financial Notes of the State Bank of Vietnam's Financial Report is an inseparable component of the State Bank of Vietnam's Financial Report, used to provide information about the basis for preparing and presenting the financial report, accounting policies applied, and providing additional information or detailed descriptions and detailed analysis of the numerical data presented in the Financial Situation Report, Report on the Results of Operations of the State Bank of Vietnam.

2. Basis for preparation:

a) Detailed accounting books and summary accounting books;

b) Balance sheet of accounting accounts of the quarter; balance sheet of accounting accounts and final settlement turnover of the year.

c) Financial situation report; Report on the results of operations of the State Bank of Vietnam; Financial Notes of the State Bank of Vietnam's Financial Report of the previous period.

d) Actual situation of units and other related documents.

3. Method of preparing indicators:

a) The preparation of indicators in the Financial Notes of the State Bank of Vietnam's Financial Report is carried out according to Form B04/NHNN attached as an appendix to this Circular.

b) For reports, no cutting off or adding of indicators already specified in the form is allowed.

Chapter III

RESPONSIBILITIES OF UNITS UNDER THE STATE BANK OF VIETNAM

Article 18. Responsibilities of the Financial Department - Accounting

1. Guide the implementation of this Circular at units under the State Bank of Vietnam.

2. Receive periodic financial reports of units under the State Bank of Vietnam sent to the Financial Department - Accounting in accordance with Article 8 of this Circular.

3. Check, review, and identify suspicious signs regarding figures, account balances on periodic financial reports of units under the State Bank of Vietnam. In case of errors, the Financial Department - Accounting requests the unit with errors to handle the errors in business systems, accounting software, prepare and send the adjusted financial report after error correction.

4. Send the State Bank of Vietnam's Financial Report to agencies, units, and individuals inside and outside the State Bank of Vietnam in accordance with Article 10 of this Circular.

5. Preserve, store, and provide information on financial reports in accordance with laws on accounting and relevant laws.

Article 19. Responsibilities of the Information Technology Department

1. Guide units under the State Bank of Vietnam to use the State Bank's accounting software system to prepare, control, and exploit financial report information in accordance with regulations.

2. Ensure the State Bank's accounting software system operates smoothly, promptly, accurately, safely, and securely; take the lead in coordinating with related units to handle technical incidents.

3. Provide supporting software for the compilation of data from affiliated public service units under the State Bank to prepare the State Bank's financial reports.

Article 20. Responsibilities of the State Bank Inspectorate

Carry out internal audit work on financial reports in accordance with the provisions of the law.

Article 21. Responsibilities of Units Preparing and Submitting Financial Reports

The heads of units under the State Bank are responsible for organizing the preparation and presentation of financial reports in accordance with the regulations of the State Bank, ensuring the accuracy, completeness, and truthfulness of the information in the unit's financial reports, specifically as follows:

1. Prepare and submit complete and timely financial reports in accordance with the provisions of this Circular.

2. When errors or technical incidents occur, units under the State Bank have the responsibility to coordinate with the Finance and Accounting Department and the Information Technology Department to promptly address them in business subsystems and accounting software. Corrections to errors can only be made before the deadline for submitting the State Bank's financial report. Detailed explanations in writing must be provided for corrections made after this date, and adjustments must be carried out according to the regulations on correcting accounting errors.

3. Preserve, store, and provide financial report information of the unit in accordance with the laws on accounting and relevant laws.

Article 22. Responsibilities of Other Units Under the State Bank

Based on their functions and responsibilities, units register with the Information Technology Department and the Finance and Accounting Department to access financial reports as needed and are responsible for managing, using, and preserving and storing such reports at their units.

Chapter IV

IMPLEMENTING PROVISIONS

Article 23. Implementation Provisions

1. This Circular takes effect from February 16, 2026, and applies from the fiscal year 2026.

2. Decision No. 23/2008/QĐ-NHNN of the Governor of the State Bank promulgating the Financial Reporting System of the State Bank and Clause 11 of Circular No. 12/2023/TT-NHNN of the Governor of the State Bank amending and supplementing certain articles of normative legal documents governing the implementation of tasks related to state foreign exchange reserves shall cease to be effective from the date this Circular takes effect.

Article 24. Responsibility for Organizing Implementation

The Director of the Office, the Heads of the Finance and Accounting Department, the Head of the State Bank Inspectorate, the Heads of dependent accounting units, and the Heads of affiliated public service units under the State Bank are responsible for implementing this Circular./.