Deputy PM suggests ANZ Group invest in green transition in Vietnam

Deputy Prime Minister Le Minh Khai suggested Australia and New Zealand Banking Group Limited (ANZ) invest in high-tech, green transition, clean energy and renewable energy in Vietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoi on November 29.
Deputy PM suggests ANZ Group invest in green transition in Vietnam ảnh 1Deputy Prime Minister Le Minh Khai (R) receives ANZ Chief Executive Officer Shayne Elliott in Hanoi on November 29. (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister LeMinh Khai suggested Australia and New Zealand Banking Group Limited (ANZ)invest in high-tech, green transition, clean energy and renewable energy inVietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoion November 29.

ANZ was one of the first foreign banks licensed tooperate in Vietnam (in 1993) and also the first bank to install ATMs in thecountry (in 2000), according to the official.

Lauding ANZ Vietnam’s effective operation, Khai saidhe believes that with its great financial potential and experience, ANZ Vietnamwill contribute more to boosting the banking sector in particular andsocio-economic development in Vietnam in general.

He also suggested the bank attract reputable investorsto Vietnam, and share its governance experience with the Vietnamese bankingsystem.

The Deputy PM emphasised that the strategic partnershipbetween Vietnam and Australia and New Zealand is developing fruitfully in manyfields, in which economic-trade-financial cooperation has made outstandingstrides.

Vietnam has recently welcomed high-ranking leaders ofthe two countries on official visits, during which the sides agreed tofacilitate trade and investment activities of businesses, including those inthe financial and banking sector, he continued.

Khai called on ANZ to carry out investment activities inline with joint statements issued by the leaders, thus contributing to the strategicpartnership between Vietnam and the two countries.

He suggested the bank to share its experience in governance and digital transformation in the banking sector, foreign exchangeservices, trade finance, cash flow management, and helping businesses access loans at low cost.

The host also suggested ANZ continue researching and providingcapital for green growth and green finance to accompany Vietnam in achievingits goals in these realms, and further contribute to cooperation in the Mekong sub-region.

For his part, Elliott affirmed thatVietnam is one of ANZ's important markets with development potential, notingthe bank is supporting many high-tech manufacturers in Vietnam.

Many investors are interested in green transformationin Vietnam, the ANZ CEO said, expressing his hope to contribute to thisprocess.

ANZ is also ready to support major Vietnameseenterprises to conquer the world market, he affirmed./.
VNA

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