Vietnam's Ministry of Finance strengthens cooperation with JP Morgan Bank

According to a VNA reporter in London, on the afternoon of October 28 (local time), within the framework of activities on the sidelines of the official visit of General Secretary To Lam, his wife and the high-ranking Vietnamese delegation to the UK, Minister of Finance Nguyen Van Thang had a working session with Mr. Karl Yeh - Executive Director in charge of Public Institutions and Government Clients in the Asia-Pacific region of JP Morgan Bank - one of the world's leading financial institutions.

Finance Minister Nguyen Van Thang (center) at a meeting with representatives of JP Morgan Bank. Photo: Huu Tien/VNA

Scene of the working session of the Ministry of Finance delegation with representatives of JP Morgan Bank. Photo: Huu Tien/VNA

At the meeting, Minister Nguyen Van Thang highly appreciated the prestige and position of JP Morgan Bank in the international financial market, and acknowledged the positive contributions of JP Morgan Bank to the Vietnamese Government in consulting on capital mobilization in the international market. Over the years, since JP Morgan began operating in Vietnam, the bank has always maintained its commitment to the development of Vietnam's capital market, playing the role of a bridge to attract more foreign investment sources, and continuing to provide banking services to support Vietnamese enterprises. Minister Nguyen Van Thang hopes that in the coming time, JP Morgan Bank will continue to support the Government as well as Vietnamese enterprises.

Mr. Karl Yeh, Managing Director of the Asia- Pacific Government and Public Institutional Banking Division of JP Morgan Bank. Photo: Huu Tien/VNA

On this occasion, the Vietnamese Ministry of Finance and JP Morgan Bank signed a Memorandum of Understanding, marking a new development in the cooperative relationship between the two sides. According to the Memorandum of Understanding, the two sides agreed to seek cooperation opportunities to promote the Vietnamese Government's ability to access and mobilize international capital sources and organize seminars and meetings with international investors to enhance dialogue and promote Vietnam's image in the global financial market.

Representatives of the Ministry of Finance and JP Morgan Bank signed a memorandum of understanding on cooperation. Photo: Huu Tien/VNA

The signing of the Memorandum of Understanding with JP Morgan Bank demonstrates Vietnam's commitment to expanding international cooperation, enhancing capacity to mobilize and manage sustainable public debt, and contributing to strengthening Vietnam's position in global financial markets.

The Ministry of Finance delegation took a souvenir photo with representatives of JP Morgan Bank. Photo: Huu Tien/VNA

Source: https://baotintuc.vn/thoi-su/ministry-of-finance-viet-nam-tang-cuong-hop-tac-voi-ngan-hang-jp-morgan-20251029080654505.htm