The State Bank of Viet Nam (SBV) uses repurchase transactions to conduct open market operations.
Repurchase (Repo) transactions for government bonds are conducted in the Hanoi Stock Exchange (HNX). The rules governing repos are discussed under Decision No. 46/2008/QD-BTC and Circular No. 206/2009/TT-BTC.
The Viet Nam Bank for Agriculture and Rural Development is the first state-owned bank to offer repurchase services in Viet Nam.