The Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong had a meeting with the US-ASEAN Business Council led by Alexander Feldman President cum CEO on August 25, 2016 at the SBV headquarter.
The meeting was attended by Heads of several SBV entities as International Cooperation Department, Department of Legal Affairs, Payment Department and Banking Supervision Agency.
Deputy Governor Nguyen Thi Hong welcomed President cum CEO of the US-ASEAN Business Council Alexander Feldman and delegation visit to Vietnam and the SBV. She spoke highly the contribution of the US-ASEAN Business Council to the improvement of friendship cooperation and investment -commerce extension between Vietnam and the United State of America. Concurrently, Deputy Governor briefed her guests Vietnam macro-economic information and movements in banking sector in 2016 as well as the plans and solutions of Government of Vietnam, ministries and SBV to be deployed in 2016.
At the meeting, the two sides exchanged the common issues, including: (i) Modernize payment sector to enhance e-commerce, and extend the access to financial services for people; (ii) Enhance security and safety of banking-financial system and e-transactions to cope with risks and threats from high-technology and cyber-crimes; (iii) the implementation of the commitment on electronic payments for credit card transactions within the framework of the Trans-Pacific Partnership (TPP) Agreement; (iv) The provisions on foreign exchange management related to foreign investment; and (v) To update the process of restructuring the Vietnam banking system.
Mr. Alexander Feldman at the meeting.
President cum CEO of the US-ASEAN Business Council Alexander Feldman congratulated on social-economic achievements of Vietnam over the past time, especially the success of Vietnam in general and SBV in particular in macroeconomic stability, curbing inflation and restructuring the credit institution system. Mr. Daniel Glaser also shared experience in banking cooperation and he hoped that the enterprises under the US-ASEAN Business Council would continue to boost the cooperative tie with the SBV and Vietnam credit institutions.
Expressing gratitude for positive evaluation of Alexander Feldman, SBV Deputy Governor Nguyen Thi Hong urged the US-ASEAN Business Council to continue to develop its role as a bridge between the USA investors and Vietnamese Government. Deputy Governor affirmed the SBV always focus on creating favorable and transparent environment for foreign businesses.
Giang Nguyen