Prime Minister Nguyen Tan Dung has awarded the country’s largest foreign-owned bank, the Hongkong Shanghai Banking Corporation (HSBC), a certificate of merit for excellence in business operations and great contributions to the development of Vietnam .

The Deputy Director of the Emulation and Reward Department of the State Bank of Vietnam , Khuat Duy Tuan, handed over the certificate to HSBC CEO Sumit Dutta at an official ceremony held in Hanoi on March 7.

“This is a huge honour for us and a real validation of our constant efforts to foster economic growth and encourage investment in this dynamic country,” said Dutta.-VNA