Prime Minister receives Thai central bank governor

Prime Minister Nguyen Xuan Phuc expressed his hope for stronger ties between the Vietnamese and Thai banking systems while receiving Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob in Hanoi on August 5.
Prime Minister receives Thai central bank governor ảnh 1Prime Minister Nguyen Xuan Phuc (R) received Governor of the Bank of Thailand Veerathai Santiprabhob in Hanoi on August 5 (Photo: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phucexpressed his hope for stronger ties between the Vietnamese and Thai bankingsystems while receiving Governor of the Bank of Thailand (BoT) VeerathaiSantiprabhob in Hanoi on August 5.

The host leader noted with satisfaction that thetwo sides have signed and implemented many important cooperation documents, animportant prerequisite for the upcoming joint cabinet meeting.

He voiced his belief that the bilateralstrategic partnership will develop even more strongly, especially in trade andinvestment.

Thailand is currently the biggest ASEAN tradepartner of Vietnam with bilateral trade reaching 17.3 billion USD in 2018 andexpected to hit 20 billion USD in 2020. With the registered capital of over 8billion USD, it ranks 10th among the 116 countries and territories and thirdamong the ASEAN nations investing in Vietnam.

Vietnam always exerts every effort to supportThai investors, PM Phuc affirmed, noting that the two Governments have alsoworked hard to protect legitimate interests of their countries’ investors andbusinesses.

For his part, Santiprabhob said bilateralinvestment and trade links have been flourishing in recent years, and the BoTalways wishes to actively contribute to these partnerships.

Both sides should foster connections infinance–banking to bolster economic, trade and investment relations, he said,believing that they hold huge potential for cooperation in banking supervision,payment facilitation and cross-border transactions.

Thailand always supports Vietnam’s initiativewithin the framework of ASEAN and bilateral cooperation, including in thefinance–banking area, the BoT Governor added.

At the meeting, PM Phuc said Vietnam has gainedmany socio-economic attainments, yet it is still willing to learn Thailand’sexperience, particularly in macro-economic governance and the finance–bankingsector. It also wishes to work closely with Thailand to effectively cope with changesin the world.

As the BoT is crucial to businesses, Vietnamwill create the best possible conditions for bilateral partnerships, especiallythe BoT’s cooperation with the State Bank of Vietnam in e-payment, he said,considering the Thai central bank an important bridge greatly helping with thetwo countries’ strategic partnership in all fields.

Santiprabhob affirmed the BoT is ready to shareits experience and meet cooperation demand in financial connection and otherbanking services. -VNA
VNA

See more

At the ceremony marking the handover of duties at the Party Central Committee’s Office on February 7 (Photo: VNA)

Party Central Committee’s Office welcomes new chief

Politburo member, Secretary of the Party Central Committee and Chairman of the committee’s Inspection Commission Nguyen Duy Ngoc on February 7 handed over the duties of the Chief of the committee’s Office to Secretary of the Party Central Committee Le Hoai Trung.

Prime Minister Pham Minh Chinh (right) and Thai Ambassador Urawadee Sriphiromya. (Photo: VNA)

PM welcomes new ambassadors of Pakistan, Thailand

Prime Minister Pham Minh Chinh hosted separate receptions in Hanoi on February 7 for Pakistani Ambassador Kohdayar Marri and Thai Ambassador Urawadee Sriphiromya, who recently took up their diplomatic posts in Vietnam.

Vietnamese President Luong Cuong (R) and Bulgarian President Rumen Radev at their meeting in Hanoi on November 25, 2024 (Photo: VNA)

Vietnam, Bulgaria enjoy thriving ties through more than seven decades

Building on this tradition, over the past more than seven decades, both countries have made continuous efforts to enhance and consolidate bilateral relations through regular exchanges of high-level delegations, the establishment of the Intergovernmental Committee and regular political consultations, the implementation of numerous agreements and cooperative programmes, and mutual support at international forums.

Delegates attend banquet to celebrate the 75th founding anniversary of diplomatic relations between Vietnam and DPRK (Photo: Ministry of Foreign Affairs)

75th anniversary of Vietnam-DPRK diplomatic relations marked in Hanoi

Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son said the Vietnam-DPRK traditional friendship, nurtured by President Ho Chi Minh and President Kim Il Sung, has overcome historical challenges and been continuously strengthened by generations of Vietnamese and DPRK leaders.

Deputy Minister of Defence Sen. Lieut. Gen. Hoang Xuan Chien (R) receives Colonel S. Muthukrishnan, Indian Defence Attaché in Vietnam, at the Ministry of Defence headquarters in Hanoi on February 6. (Photo: qdnd.vn)

Vietnam, India enhance defence cooperation

The Deputy Minister suggested that both nations focus on implementing the exchange of delegations, especially high-level ones, and maintaining existing cooperation mechanisms, particularly in training programmes and defence industry collaboration.

Deputy Foreign Minister Do Hung Viet pays a courtesy call to New Zealand Prime Minister Christopher Luxon. (Photo courtesy of the Ministry of Foreign Affairs)

Vietnam, New Zealand hold 13th political consultation

Vietnam and New Zealand agreed to enhance political trust through more bilateral exchanges and consultations, strengthen defence and security cooperation, and strongly implement practical measures to facilitate market access for each other's products, aiming to reach the trade target of 3 billion USD.