The Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu had a meeting with Mr. Christopher Legg, Director for Group of Australia, New Zealand, Singapore and Vietnam of the Asian Infrastructure Investment Bank (AIIB) on August 17, 2016 at the SBV headquarter.
The meeting was attended by Mr Andrew Elborn, AIIB First Secretary at Australian Embassy in Beijing City, China; Mr. Ha Hai An, Vice Director of International Cooperation Department of the State Bank of Vietnam.
At the meeting, Deputy Governor Dao Minh Tu welcomed Mr. Chris Legg’s first visit to Vietnam. He spoke highly of Mr. Christopher Legg’s practical activity to explore the demand of Vietnam infrastructure investment, thereby actively supporting Vietnam and other member countries. SBV Deputy Governor congratulated Mr. Chris Legg for being newly appointed as member of AIIB Management Board and appreciated his positive collaboration to formulate relevant policy and operational procedures of the SBV.
Deputy Governor Dao Minh Tu briefed his guest the infrastructure demand and priority of infrastructure investment of Vietnam. He said, the Government of Vietnam is accelerating the progress of mechanism completion and creating the favorable environment to attract more investors in infrastructure and private sector. Deputy Governor expressed his hope that AIIB will soon finalize the selection of appropriate projects for Vietnam which secure economic effectiveness and the target of maintaining sustainable public debt as well.
Mr. Chris Legg expressed his great gratitude to SBV’s support for the Group over the past time, he congratulated the encouraging socio-economic achievements of the Government of Vietnam and the achievements of the SBV that contributing to fulfilling the objective of becoming a middle-income country. Mr. Chris Legg also appreciated effective contribution of Vietnam as an accountable partner in the progress of upgrading policy mechanisms, organization and operation of AIIB.
Mr. Chris Legg, for his part, said that based on investment demand and policies of Vietnam, he will continue supporting and accompanying Vietnam to access AIIB’s loans and co-financing effectively.
Nguyen Giang