London (VNA) – Minister of Finance Nguyen Van Thang on October 28 met with Karl Yeh, Managing Director and Head of Public Sector Coverage for Asia-Pacific at JP Morgan – one of the world’s leading financial institutions.
Thang, who is accompanying Party General Secretary To Lam in his official visit to the UK, commended JP Morgan’s global reputation and influence, noting its positive contributions to the Vietnamese Government’s international capital-raising efforts. Since the bank began operating in Vietnam, it has consistently upheld its commitment to developing Vietnam’s capital market, serving as a bridge to attract foreign investment while continuing to provide banking services that support Vietnamese enterprises. The minister expressed his hope that JP Morgan will continue to assist both the Vietnamese Government and domestic businesses in the years ahead.
On this occasion, the Ministry of Finance and JP Morgan signed a Memorandum of Understanding (MoU), marking a new stage in their cooperation. Under the MoU, both sides agreed to explore partnership opportunities to enhance Vietnam’s access to and mobilisation of international capital, as well as to organise investor roundtables and engagements aimed at promoting dialogue and raising Vietnam’s profile in global financial markets.
The signing of the MoU demonstrates Vietnam’s commitment to expanding international cooperation, improving its capacity for sustainable debt management and mobilisation, and strengthening its position within the global financial system./.
VNA
