On October 27, 2021 at the headquarters of the State Bank of Vietnam (SBV), Governor Nguyen Thi Hong had a meeting with Mr. Nicolas Warnery, Ambassador Extraordinary and Plenipotentiary of the French Republic to Vietnam.
Governor Nguyen Thi Hong meets French Ambassador to Vietnam
Also attending the meeting were representatives from the SBV entities, including the International Cooperation Department, the Monetary Policy Department, the Forecast and Statistics Department, the Banking Supervision Agency, and the SBV Office. On the side of the French Embassy, there was Mr. Hervé Conan, Director of the French Development Agency (AFD) in Vietnam, and Mr. Laurent Chopiton, Deputy Economic Counselor, French Embassy in Vietnam.
Welcoming the working visit of the Ambassador Extraordinary and Plenipotentiary of the French Republic to Vietnam and his delegation to the SBV, Governor Nguyen Thi Hong expressed her beliefs that the Ambassador would continue to further contribute to enhancing the strategic partnership between Vietnam and France during his term of office. At the meeting, the SBV Governor also briefed the guests of the macro-economic situation and the SBV’s policy operations since the first outbreak of the COVID-19 in Vietnam. Accordingly, the SBV has always been consistent with the objectives of ensuring the safety of the macro balances, maintaining the stability of the exchange rates, and the money and forex markets, creating favorable conditions to maintain the economic growth through reducing the key interest rates, maintaining abundant liquidity in the money market, encouraging the credit institutions to reduce their lending interest rates, create a framework for debt rescheduling and implementing many other measures to support the COVID- affected customers, removing the difficulties for the economy.
Governor Nguyen Thi Hong presents a souvenir to French Ambassador Nicolas Warnery.
Talking about the performance of the banking sector, Governor Nguyen Thi Hong emphasized the important contributions of the foreign financial institutions, including French banks present in Vietnam. The SBV Governor hoped that in addition to focusing on enhancing the business performance and supporting the modernization of Vietnam's banking sector with advanced technology and good governance practices, the French financial institutions would continue to contribute to the improvement of the governance and management frameworks by actively participating in the policy dialogues with the SBV as well as with the relevant ministries and agencies.
For his part, Ambassador Nicolas Warnery reaffirmed the French Government’s policies for accompanying and supporting the socio-economic development of Vietnam in general and the development of Vietnam’s banking system in particular. Beside the current projects and programs with French investment in the banking sector, France is willing to enhance the cooperation further with the SBV in the areas of green finance and green credit, climate change responses, as well as other areas of mutual interest.
Le Hang