THE SOCIALIST REPUBLIC OF VIET NAM
Government News
DPM receives JP Morgan Chief Executive
VGP – Viet Nam welcomes the world's leading financial services firms like JP Morgan to invest in infrastructure development and join in the restructuring process of Vietnamese credit institutions, said Deputy PM Vu Van Ninh.
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Deputy PM Vu Van Ninh (R) and Chairman and Chief Executive Officer for Asia-Pacific business at J.P Morgan Chase Nicolas Aguzin, Ha Noi, September 30, 2014 – Photo: VGP/Thanh Chung |
Mr. Ninh made the point on September 30 while receiving Nicolas Aguzin, Chairman and Chief Executive Officer for Asia-Pacific business at JP Morgan Chase.
The host leader hailed JP Morgan's increasing role to the restructuring processes of the Vietnamese banking system and enterprises and its specific consultations for Vietnamese competent agencies.
The Vietnamese Government, said Mr. Ninh, always persists in the issue of maintaining the macro-economic stability and curbing inflation in favor of sustainable growth and favorable investment environment for foreign players.
For his part, Mr. Nicolas Aguzin said Viet Nam's development plans generated good achievements, including a higher foreign reserve (US$ 35 billion), a low inflation rate, and controlling levels of public debts and financial deficit.
He also hoped that Viet Nam would be able to improve its performance at global credit rankings in the coming years.
The guest leader expressed his hope to join in the restructuring process of Vietnamese commercial banks and support the host country to raise administrative competence and consolidate operation of the banking system./.
By Kim Loan