At the meeting, SBV Governor Nguyen Van Binh briefed his guest of macro-economic and banking development in Vietnam in 2011. He also touched upon the Government and the SBV’s measures on implementing the socio-economic development plan in early months of in 2012 in accordance with Resolution No.01/NQ-CP of the Government and Directive No.01 of the SBV. Moreover, the SBV Governor highly appreciated the fine cooperative relations between Vietnam and South Korea in many fields over the past years, especially in the banking sector. He stated that South Korea is one of the major partners of Vietnam. He considered South Korea’s experience in developing and restructuring the economy in general and the banking sector in particular as very valuable lessons for Vietnam. On this occasion, the SBV Governor expressed his belief that the Ambassador would continue to play an important role in promoting the cooperative relations between South Korea and Vietnam as well as the two central banks.
In his reply, Ambassador Ha Chan-ho commended the achievements obtained by the Vietnamese Government and the SBV in stabilizing macro-economy, curbing inflation and securing social protection. He also expressed his pleasure at the development of the multi-faceted cooperative relations between the two nations, and between the SBV and South Korean enterprises and commercial banks in Vietnam. The Ambassador confirmed that South Korea would continue to promote investment in Vietnam and be willing to share experience in the socio-economic development.
The two sides also exchanged their views on restructuring the economy with focus on restructuring the banking sector and state-owned enterprises; operations of foreign bank branches in Vietnam; so on and so forth.
Sbv.gov.vn