The State Bank of Vietnam (SBV) and the Bank of the Lao PRD (BOL) held a conference on September 17 to share experience in macro-economy management, particularly in the finance-banking area.
SBV Governor Le Minh Hung (middle) at the conference (Photo: VNA)
Vientiane (VNA) – The State Bank of Vietnam(SBV) and the Bank of the Lao PRD (BOL) held a conference on September 17 toshare experience in macro-economy management, particularly in the finance-bankingarea.
At the event, co-chaired by SBV Governor Le Minh Hung andBOL Governor Sonexay Sithphaxay, the two sides evaluated outcomes of theircooperation in finance and currency over the years, while discussing measuresto enhance collaboration in the future.
They exchanged views on macro-economic and currency policyas well as the method of management over commercial banks run by the State andrelated matters.
Addressing the conference, SBV Governor Hung said that inthe future, the bank will continue cooperating and sharing experience with theBOL in various banking areas.
The two sides agreed to continue foster affiliation inprofessional activities and information technology application.
They vowed to encourage and create favourable conditions forcommercial banks of each other to seek partnership and invest in each other’scountry to promote the banking system in Vietnam and Laos, thus better servinginvestors of both sides in investment, trade and business activities.
Within the framework of the conference, representatives ofVietnamese banks shared their experience in operations in Laos, thus seekingmeasures to deal with difficulties and obstacles facing six commercial banks ofVietnam operating in Laos, namely Vietinbank, Vietcombank, MB, SHB, Sacombankand LaoVietbank./.
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SBV Governor Le Minh Hung (middle) at the conference (Photo: VNA) 
