In Hanoi, on May 21, 2018, Deputy Governor Doan Thai Son of the State Bank of Vietnam (SBV) had a meeting with Ms Ruchukorn Siriyodhin, Deputy Governor of the Bank of Thailand (BOT). Also attending the meeting were representatives from the relevant departments and units of the two sides.
Snapshot of the meeting
At the meeting, Deputy Governor Doan Thai Son warmly welcomed the BOT delegation led by Deputy Governor Ruchukorn Siriyodhin, and expressed his sincere thanks to BOT for its support for the SBV over the past time, especially in sharing the BOT’s experience in management and policies in the field of payment, and the sponsorship of two scholarships for SBV officials to pursue study at Thai reputable universities. He hoped that the BOT would continue to support and share its experience with regard to the central bank’s management, such as in internal audits, management of the reserve funds, etc. He emphasized that the cooperative relations between Vietnam and Thailand has been continuing to develop and obtaining encouraging results, especially after the recent official visit of Vietnamese Prime Minister Nguyen Xuan Phuc to Thailand.
Deputy Governor Doan Thai Son at the meeting
The two Deputy Governors highly appreciated the cooperation relationship between the two central banks over the past time, and briefed each other on the achievements in the socio-economic developments and the economic reforms in the two countries. According to Deputy Governor Doan Thai Son, there have been six Thai banks in operations in Vietnam, and these banks have been performing effectively in compliance with Vietnamese laws and regulations. In addition, the two sides also exchanged their views on other substances with regard to banking inspection and supervision, Fintech and professional training for officials of the two countries’ central banks.
For her part, Deputy Governor Ruchukorn Siriyodhin sincerely thanked the Government of Vietnam and the SBV for supporting Thai banks’ operations in Vietnam and said that Thailand wishes to further expand its investments and enhance the cooperation with Vietnamese banks in the coming time.
Le Hang