Deputy Governor Nguyen Kim Anh of the State Bank of Vietnam (SBV) had a meeting with Mr. Tang Renjian, First Vice Governor of Guangxi Zhuang Autonomous Region of China, in Hanoi on December 17.
At the meeting, Deputy Governor Nguyen Kim Anh warmly welcomed the working visit of the delegation led by Mr. Tang Renjian to Vietnam. He asserted that Vietnam and China established strategic relation and obtained positive development of trade, investment and cooperation in the banking sector over the past time. Specifically, the SBV and the People's Bank of China (PBC) had signed Agreement on Payment and Cooperation (in 2003) and Memorandum of Understanding on exchanging information about banking inspection and supervision (in 2008). Moreover, the SBV Deputy Governor highly appreciated the trade relation between Guangxi and border provinces of Vietnam (Lang Son, Cao Bang, Quang Ninh and Ha Giang) which had formulated cooperation framework with Guangxi. He also appreciated the utilization of domestic currencies in the payment activities between the two countries creating favorable conditions for enterprises and businessmen of the two countries. About the cooperation of developing Mekong sub-region, the SBV Deputy Governor expressed his hoped that the Guangxi would actively strengthen the cooperative relation with the countries of Greater Mekong Sub-region through the Mekong – Lan Cang cooperation framework.
For his part, Mr. Tang Renjian expressed his sincere thanks to Deputy Governor Nguyen Kim Anh for his hospitality and his pleasure at the relation between Vietnam and China in general and between Vietnam and Guangxi in particular. At the same time, he congratulated on economic achievements of Vietnam as well as SBV’s results in the management of monetary policy in order to stabilize macro-economy, curb inflation, enhance economic growth, and create favorable environment to attract foreign investment. He also exchanged with the SBV Deputy Governor about socio-economic development of Guangxi in 2015; the utilization of the domestic currency in the bilateral payment; recommendation of cooperation policies…. He stated that in the coming time, Guangxi will proactively further promote the economic cooperation with Vietnam.
TLH