On November 17, 2022, at the headquarters of the State Bank of Vietnam (SBV) in Hanoi, SBV Deputy Governor Pham Thanh Ha had a meeting with Mr. Wee Eee Cheong, Deputy Chairman and Chief Executive Officer (CEO) of the United Overseas Bank (UOB).
An overview of the meeting
At the meeting, Deputy Governor Pham Thanh Ha welcomed Mr. Wee Eee Cheong and his mission to visit and work with the SBV. The SBV Deputy Governor shared that the cooperative relationship between Vietnam and Singapore has been developed strongly in various fields. Currently, Singapore ranks first in ASEAN and second out of 140 countries and territories with investment in Vietnam. In that context, the SBV Deputy Governor believed that the UOB, which was among the first foreign banks investing in Vietnam, would continue to contribute to promoting the bilateral trade and investment relations between the two countries.
Deputy Governor Pham Thanh Ha speaks at the meeting.
Moreover, Deputy Governor Pham Thanh Ha also expressed high evaluation for the UOB’s strategic orientations and long-term commitments in Vietnam. The SBV Deputy Governor asserted that the Government and the SBV always welcome and create favorable conditions for foreign investors, including the UOB, to operate effectively in Vietnam, contributing to the development of the socio-economy and the banking sector in particular.
Mr. Wee Eee Cheong, UOB Deputy Chairman and CEO, speaks at the meeting
For his part, Mr. Wee Eee Cheong, UOB Deputy Chairman and CEO, expressed his hope to further contribute to the development of Vietnam’s banking sector through exchanging and sharing the UOB’s experience in digital transformation, sustainable development, etc.
Also at the meeting, the two sides exchanged their views on the credit growth targets, the indicators for the evaluation of the operational performance of the credit institutions, etc.
Le Hang