On the afternoon of October 28, within the framework of activities on the sidelines of the official visit to the UK by General Secretary To Lam and his wife, Minister of Finance Nguyen Van Thang had a bilateral working session with Mr. Karl Yeh - Executive Director in charge of Public Institutional and Government Clients in the Asia -Pacific region of JP Morgan Bank, one of the world's leading financial institutions.
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. The support of JP Morgan Bank in its role as an investment bank for Vietnamese enterprises in the process of equitization, financial restructuring, etc. is also very meaningful.
The Minister expressed his hope that JP Morgan will continue to support the Government as well as Vietnamese businesses.
JP Morgan representative also expressed thanks to the Vietnamese Ministry of Finance for always trusting and cooperating and affirmed to continue to cooperate closely with the Vietnamese Ministry of Finance, sharing JP Morgan's experience and expertise to support Vietnam in its strategy of developing international capital and financial markets.
On this occasion, the Vietnamese Ministry of Finance and JP Morgan Bank signed a Memorandum of Understanding (MoU), marking a new development in the cooperative relationship between the two sides. According to the content of the MoU, the Ministry of Finance and JP Morgan will closely coordinate in two key areas.
One is to work together to promote the Vietnamese Government's ability to access and mobilize international capital sources;
Second, organize activities to contact international investors to enhance dialogue and promote Vietnam's image in the global financial market.
The signing of the Memorandum of Understanding with JP Morgan Bank demonstrates Vietnam's determination and strong commitment to expanding international cooperation, improving capacity to mobilize and manage sustainable public debt, and contributing to consolidating Vietnam's position on the global financial map.
Source: https://nhandan.vn/tang-cuong-hop-tac-quoc-te-mo-rong-kenh-huy-dong-von-cho-viet-nam-post919026.html
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