Governor Nguyen Van Binh of the State Bank of Vietnam (SBV) had a meeting with Mr. Michael Corbat, Director General of Citi Group, in Hanoi on October 23.
At the meeting, Governor Nguyen Van Binh highly appreciated the role of Citi group in the U.S. and global markets as well as operations of Citibank in Vietnam, thereby contributing to the development of Vietnam’s socio-economy in general and the banking sector in particular. He asserted that Vietnamese Government and the SBV always welcome and facilitate for Citibank and other foreign banks to operate effectively in Vietnam; and expressed his hope that Citibank in Vietnam would continue to well comply with Vietnam’s laws and the SBV’s regulations in order to obtain more positive results.
Moreover, Governor Nguyen Van Binh briefed the guest of macro-economic situations in Vietnam and developments in the banking sector; measures of the Government, ministries and the SBV in 2015. He emphasized the objectives of curbing inflation, stabilizing macro-economy; focusing on implementing key tasks of restructuring the economy (restructuring of public investment, state-owned enterprises and the system of credit institutions), renovating growth model towards efficiency and competitiveness enhancement; improving human resources quality.
For his part, Mr. Michael Corbat congratulated on achievements that Vietnam has obtained in the process of socio-economic development over the past time. He appreciated that Vietnam is now one of markets attracting foreign investment thanks to the consistent management of the authorities to curb inflation, stabilize macro-economy, measures of improving investment environment, and strengthen national competitiveness. On this occasion, Mr. Michael Corbat expressed his sincere thanks to Vietnamese Government and the SBV for supporting the develop of Citibank Vietnam over the past time; at the same time, expressed his hope for operational extension and further cooperation with commercial banks and enterprises in Vietnam.
LH