Deputy Prime Minister Vuong Dinh Hue and Chairman and CEO of the Hana financial group Kim Jung Tai (Source: VNA)
Hanoi (VNA) – Deputy PrimeMinister Vuong Dinh Hue has urged the Keb Hana financial group of the Republicof Korea to invest in finance-banking in Vietnam.
Talking to Chairman and CEO ofthe group Kim Jung Tai in Hanoi on January 5, Deputy PM Hue stressed thatVietnam welcomes RoK investors, including Keb Hana, to invest in developing adiverse financial market in the country.
The group can also join therestructuring of banks, Hue said, adding that the Vietnamese Government hasdecided to accelerate the restructuring of the banking-financial systems in2018, which is an opportunity for financial groups such as Keb Hana.
The Deputy PM appreciated thecooperation between Keb Hana and the Bank for Investment and Development of Vietnam(BIDV). He said there is potential for their partnership in Fintech and mobilepayment in Vietnam.
Hue added that Vietnam is also lookingto develop its infrastructure through public-private cooperation forms, andhopes that Keb Hana can make direct or indirect investment in this field.
Hailing the stable andunceasingly improving business environment in Vietnam, Chairman Kim Jung Taisaid his group will invest directly or make investment via funds in infrastructurein the Southeast Asian country.
He also said the group willexpand partnership with Vietnamese financial institutions via Fintechcompanies.
According to Kim Jung Tai, KebHana is helping BIDV develop financial and credit services.-VNA
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