Deputy Prime Minister Vuong Dinh Hue has called for more support from Standard Chartered Bank (SCB) to Vietnamese Government agencies during working sessions with international rating organisations.
Deputy Prime Minister Vuong Dinh Hue (R) and Standard Chartered’s CEO in Vietnam and ASEAN and South Asia Cluster Markets Nirukt Sapru (Source: VNA)
Hanoi (VNA) –🔴 Deputy Prime Minister Vuong Dinh Hue has called for more support from Standard Chartered Bank (SCB) to Vietnamese Government agencies during working sessions with international rating organisations in order to make comprehensive and objective assessments of Vietnam’s socio-economic situation.
The official made the appeal at a meeting with Nirukt Sapru, Standard Chartered’s CEO in Vietnam and ASEAN and South Asia Cluster Markets, in Hanoi on June 22.
The Deputy PM suggested the bank regularly share with the Vietnamese finance ministry developments of the international financial market as well as global investors’ demands for Vietnamese government bonds, so as to help the country assess advantages and difficulties in accessing the international capital market.
Highly appreciating the SCB’s affiliation in improving professional skills for officials of the Finance Ministry and relevant agencies, Deputy PM Hue called on the bank to share international expertise in macro-economic analysis and forecast, debt sustainability analysis models, debt management methods and financial market development solutions.
For his part, Nirukt Sapru stressed that the term of Vietnamese international bonds is attracting attention on the market, which is an important premise for the next issuance and a condition for managing public debts effectively.
He suggested Vietnam maintain close ties with foreign investors to keep them in the country besides trying to maintain its national credit rating.
The SCB will continue its support to Vietnam through updating and sharing assessments of domestic and international financial markets and other macro-economic issues, he promised./.
Standard Chartered Bank Vietnam has signed a 70 million USD trade-finance facility agreement to provide An Giang Plant Protection Joint Stock Company with short- to medium-term working capital.
The Association of Southeast Asian Nations (ASEAN) will continue to grow in the fast lane, an outperformer with upside potential, said Standard Chartered Bank.
Standard Chartered Bank expects Vietnam's gross domestic product growth to accelerate to 6 percent in 2015, higher than its previous forecast of 5.8 percent.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Deputy Prime Minister Vuong Dinh Hue (R) and Standard Chartered’s CEO in Vietnam and ASEAN and South Asia Cluster Markets Nirukt Sapru (Source: VNA)
