On May 21, 2026, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Pham Thanh Ha met with Mr. Jean-Jacques Bouflet, Vice Chairman of the European Chamber of Commerce in Vietnam (EuroCham Vietnam), and Mr. Cyril Loisel, First Secretary of the Delegation of the European Union to Vietnam (EU Delegation).
Deputy Governor Pham Thanh Ha takes a group photo with representatives of EuroCham Vietnam and the EU Delegation
At the meeting, Deputy Governor Pham Thanh highly appreciated the role of European enterprises and investors, which are among the key investor groups contributing significantly to Vietnam’s transformation of its growth model, institutional reforms, and international integration in recent years.
Deputy Governor Pham Thanh Ha speaks at the meeting
Referring to the growing wave of investment from Europe, Deputy Governor Pham Thanh Ha noted that foreign direct investment (FDI) flows from Europe into Vietnam have reached approximately USD 30 billion and have shown strong growth momentum in recent years. According to the Deputy Governor, these impressive results not only reflect the strong confidence of the European business community and investors in Vietnam’s stable macroeconomic outlook, but also demonstrate the considerable potential for deeper cooperation between the two sides. In particular, European investment is expected to serve as an important resource for promoting Vietnam’s strategic priority sectors, including green growth, digital transformation, energy, science and technology development, and connectivity.
Sharing Vietnam’s strategic development orientations for the coming period, Deputy Governor Pham Thanh Ha emphasized the Vietnamese Government’s strong determination to promote rapid and sustainable economic growth, with the goal of achieving double-digit growth rates. To realize this objective, the Government has been implementing a comprehensive range of key solutions, including institutional reforms and administrative procedure simplification; improvement of the investment and business environment; enhancement of public investment efficiency; promotion of key infrastructure projects and private sector development; and transformation of the growth model toward green and sustainable growth, alongside accelerated digital transformation, science and technology development, innovation, and new growth drivers.
Regarding the banking sector, the Deputy Governor affirmed that in recent years, the SBV has managed monetary policy in a proactive, prudent, and flexible manner. At the same time, the banking sector has strongly promoted institutional reforms and digital transformation in order to improve the business environment and create the most favorable and effective conditions for foreign investors and enterprises, particularly the European business community operating in Vietnam.
Mr. Jean-Jacques Bouflet, Vice Chairman of EuroCham Vietnam, speaks at the meeting
Speaking at the meeting, Mr. Jean-Jacques Bouflet, Vice Chairman of EuroCham Vietnam, highly appreciated the SBV’s close coordination and support for EuroCham Vietnam over the past period. He also affirmed that EuroCham Vietnam would continue accompanying the banking sector in promoting digital transformation, developing green finance, and improving the institutional framework to foster an increasingly transparent and favorable business environment.
Mr. Jean-Jacques Bouflet also expressed his hope that both sides would continue maintaining an effective dialogue mechanism to promptly address difficulties and obstacles faced by European enterprises and credit institutions operating in Vietnam, thereby contributing to the realization of the Government’s sustainable development goals.
Concluding the meeting, Deputy Governor Pham Thanh Ha emphasized that the support and partnership of international partners and investors are of great importance to achieving Vietnam’s strategic development objectives. The SBV expects EuroCham Vietnam to continue playing its role as a strong economic bridge, encouraging European investors to expand their operations and increase investment flows into Vietnam in the coming period.