On June 22, 2023, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Doan Thai Son had a meeting with Mr. Kang Seoghoon, Chairman and CEO of the Korea Development Bank (KDB).
At the meeting, Deputy Governor Doan Thai Son informed the guests about the economic situation of Vietnam over the past years and the momentum for the economic growth in coming time. The Deputy Governor also discussed with Mr. Kang Seoghoon about the KDB’s experience in restructuring a number of weak banks and enterprises in the Republic of Korea (ROK) over the past years.
SBV Deputy Governor Doan Thai Son speaks at the meeting.
On the side of the KDB, Mr. Kang Seoghoon briefly introduced about the KDB’s history, as well as its strengths and current business goals. The Chairman and CEO of the KDB expressed his wishes that the KDB would be able to operate in Vietnam for a long time, in order to promote its role in connecting and developing the cooperative relations between the businesses of the two countries, contributing to the promotion of the Comprehensive Strategic Partnership between the ROK and Vietnam.
Deputy Governor Doan Thai Son highly complimented the KDB’s role in assisting the ROK Government to restructure and revive many poor-performing projects and businesses, making important contributions to helping the Korean economy to overcome the regional and global economic and financial crises over the past years.
Mr. Kang Seoghoon, Chairman and CEO of the KDB, speaks at the meeting.
In addition, the SBV Deputy Governor also welcomed the KDB to bring its experience and strengths into Vietnam, step by step raising its position in the country, first through having been coordinating with the relevant ministries and agencies and sharing its experience with and helping to develop a new model for the business model reforms at Vietnam Development Bank.
LK