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Vietnam promises to facilitate Standard Chartered’s operations: PM

The Vietnamese Government pledges to create favourable conditions for Standard Chartered Bank to maintain and expand its business operations in the country, Prime Minister Pham Minh Chinh said on September 5.
Vietnam promises to facilitate Standard Chartered’s operations: PM ảnh 1Prime Minister Pham Minh Chinh (right) receives CEO of Standard Chartered PLC Bill Winters. (Photo: VNA)
Hanoi (VNA) – The Vietnamese Government pledges tocreate favourable conditions for Standard Chartered Bank to maintain and expandits business operations in the country, Prime Minister Pham Minh Chinh said onSeptember 5.

At a Hanoi reception for Bill Winters, CEO of Standard CharteredPLC, PM Chinh praised foreign businesses and investors, including StandardChartered, for accompanying and supporting Vietnam in pandemic prevention andcontrol, and promoting socio-economic recovery and development.

He shared Vietnam's priorities on attracting green finance and resources totake advantage of sustainable growth drivers, especially green growth, digitaltransformation, and sustainable energy transition; and strengtheningcooperation with development partners, international financial institutions andglobal financial groups, including Standard Chartered.

The Government leader asked the bank to increase its support forVietnam in the process of digital transformation, green transformation andenergy transition towards sustainability and climate change adaptation.

He also urged the bank to create favourable conditions forVietnamese businesses as well as foreign investors to access preferential capitalresources to invest in strategic infrastructure, including digitalinfrastructure, green infrastructure and key infrastructure projects.

For his part, Bill Winters said he is impressed with Vietnam'srapid and positive changes in recent years, especially its achievements inepidemic prevention and control, and socio-economic recovery and development.

Affirming that Vietnam is an important area of StandardChartered's activities in the Asia-Pacific region, he said Standard Chartered willpromote cooperation with and support the country in mobilising capital sources,attracting green finance and promoting green growth associated with implementingcommitments made at the 26th UN Climate Change Conference (COP26).

The bank will also continue to boost collaboration withVietnamese Government agencies in national credit rating, he added.

Standard Chartered wishes to increase consultations and policydialogues with Government agencies and partners in Vietnam on economic and developmentissues as well as areas of mutual interest, he stressed./.
VNA

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