PM, DPM RECEIVE EXECUTIVES OF FOREIGN BANKS

[05-10-2016] PM Nguyen Xuan Phuc highly appreciated the assistance of the World Bank (WB) for Viet Nam over the recent years, suggesting the lender continue its support for Viet Nam in its socio-economic development, poverty reduction, health care and adaption to climate change.

The PM made that statement at his reception for the WB's newly-appointed Country Director in Viet Nam Ousmane Dione on October 4.

He expected that Mr. Ousmane Dione will inherit and uphold achievements of former WB Country Director in Viet Nam Victoria Kwakwa to promote the relations between Viet Nam and the lender.

He hailed the cooperation between the two sides in establishing Viet Nam Report 2035.

Mr. Ousmane Dione highlighted achievements of the Vietnamese Government and people during their national development process.

He affirmed to do his utmost to strengthen the two sides’ relations, consenting with the Vietnamese PM’s viewpoint that the relations between the WB and Viet Nam are not only in term of finance but also the sharing of experience, knowledge and policy-making.

The same day, Deputy PM Vuong Dinh Hue received Thai Kasikornbank (KBank) President Teeranun Srihoong in Ha Noi.

The Deputy PM welcomed KBank’s opening representative offices in Ha Noi and Ho Chi Minh City since 2014, expressing his support for small and medium-sized enterprises-clients of the KBank in Viet Nam, hoping the bank helps this bloc penetrate other markets in the world in all areas.

The Vietnamese Government is heading to develop one million enterprises by 2020, he said, asking the KBank to enhance investment and development of suitable and high-quality financial services for businesses.

He proposed the KBank join the process of addressing and purchasing weak banks in Viet Nam and take part in Viet Nam’s stock market.

Mr. Teeranun Srihoong asserted that the bank will boost up activities to support small and medium-sized enterprises in Viet Nam and make plans for joining Viet Nam’s stock market in the future.

KBank is a leading banking group in Thailand. Established in 1945, the bank offers consumer banking such as credit card services, and mortgage lending, wealth management, corporate banking services including cash management, international trade financing, lending, deposit-taking and supply chain financing.