PM hosts CEO of Japan’s MUFG Bank
11:24 | 22/02/2019

VGP – Prime Minister Nguyen Xuan Phuc affirmed that the Vietnamese Government pledges to create the most favorable conditions for foreign firms, including MUFG Bank, to do fruitful business in the country, during his reception for CEO of the Japanese bank, Kanetsugu Mike, in Ha Noi on February 22.

PM Nguyen Xuan Phuc receives CEO of the Japanese bank, Kanetsugu Mike, Ha Noi, February 22, 2019

The host congratulated MUFG on its success in Viet Nam, especially in the role as Vietinbank’s important partner and strategic shareholder, stating that as the extensive strategic partners, Viet Nam and Japan are strongly accelerating cooperation in the field of finance and banking.

The Vietnamese Government attaches importance to the cooperation between MUFG Bank and the Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), he said, adding that a development strategy for the Vietnamese banking sector has been promulgated, in which Vietinbank is requested to renovate its business operations and actively contribute to the success of the strategy.

PM Phuc called on Japanese companies to further invest in Viet Nam with big projects, while affirming that the Vietnamese Government will continue to organize conferences promoting Japan’s investment in Viet Nam with a larger scale and in a more effective manner.

With MUFG’s experience and prestige, he asked Kanetsugu Mike to provide support for Vietinbank in enhancing its administration capabilities and service quality, voicing his belief in the fine success of the cooperation between the two credit institutions, thus contributing actively to Viet Nam’s socio-economic development.

For his part, Kanetsugu Mike said that MUFG Bank has always received enthusiastic support from the Vietnamese Government and agencies since its presence in the country 23 years ago.

He expressed his pleasure at the accelerated cooperation between MUFG and Vietinbank, noting that over the past five years, the number of Japanese firms, which are customers of MUFG, investing in Viet Nam has increased sharply.

Mike asked the Vietnamese Government to create favorable conditions for international banks and financial institutions to strongly invest in the banking sector in Viet Nam.

 By Vien Nhu

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