Wednesday, December 19 2018

VietNamNews

Economic commission head receives Japanese banker

Update: November, 24/2018 - 09:00
Politburo member and Head of the Party Central Committee’s Economic Commission Nguyễn Văn Bình receives Chairman of the Board of Japan’s Sumitomo Mitsui Financial Group and Sumitomo Mitsui Banking Corporation Koichi Miyata in Hà Nội yesterday. — VNA/VNS Photo Phương Hoa

HÀ NỘI — Politburo member and Head of the Party Central Committee’s Economic Commission Nguyễn Văn Bình hosted a reception in Hà Nội yesterday for Chairman of the Board of Japan’s Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Mitsui Banking Corporation (SMBC) Koichi Miyata.

Bình welcomed Miyata’s visit amidst Việt Nam-Japan relations growing soundly, especially in economy. He lauded the effective operation of the SMBC in Việt Nam, with all branches enjoying profits and having no bad loans.

Miyata said the SMBC was implementing a new strategy with a focus on Asia, adding that Việt Nam was the most important country in the strategy.

Many foreign investors had shown interest in Việt Nam, especially those from Japan, he said, pledging the SMBC would support them.

Bình noted Việt Nam was a highly open economy, targeting record rapid and sustainable growth based on the stable macro-economy and resilient banking system against outside shocks.

Việt Nam would also continue improving its business-investment environment, creating more favourable conditions for domestic and foreign investors, including the SMBC, he said.

He expressed his hope that the SMBC would continue long-term operation in Việt Nam, while expanding co-operation and experience sharing with Vietnamese banks.

The same day, Bình also met with Ioanis Raptakis, Greek Ambassador to Việt Nam, during which Bình highlighted the need for closer co-ordination between the two countries in raising two-way trade to match potential of both sides.

He proposed that Greece support Việt Nam to promote ties with the European Union (EU), as well as the signing and implementation of a free trade agreement between Việt Nam and the EU, thus expanding economic and trade co-operation space between the two sides.

Bình vowed that Việt Nam would always create favourable conditions for enterprises and investors from Greece, and welcome them to seek investment opportunities in Việt Nam. — VNS

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