Vietnam ready to facilitate Hana Bank’s long-term investment

VOV.VN - Deputy Prime Minister Le Minh Khai has affirmed the Government’s readiness to provide favourable conditions for Korean businesses, including Hana Financial Group and Hana Bank, to invest and do long-term business in the nation in the spirit of harmonious benefit and risk sharing.

His statement was made at a reception held for Park Sung-ho, CEO of Hana Bank, in Hanoi on April 27, while highlighting the bank as a key strategic partner of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV).

Furthermore, Vietnam is keen to step up co-operation with the Republic of Korea (RoK), its top partner across multiple fields to extensively and practically deepen joint ties, particularly with regard to economic, trade, and investment links, Khai told his guest.

According to the Deputy PM, Vietnamese economic achievements were partly contributed by the domestic and foreign business communities, including the Korean bank, despite the negative impact of the COVID-19 pandemic.

In response, Park informed his host on Hana Bank’s contribution of VND40 billion, equal to US$1.74 million, to partner with the BIDV in implementing social welfare programmes in the country.

He expressed his hope that the relationship between the two banks will be upgraded to a strategic partnership in the future, with this becoming a model in joint economic collaboration and contributing to the general development of the bilateral relations.

Khai went on to thank the bank for its contribution to social security activities in the country, whilst also voicing his hope that Hana Bank will expand its investment in the nation to include other sectors.

He suggested that Hana Bank hold frank discussions with Vietnamese partners and authorities, such as the State Bank of Vietnam, to seek proper solutions to deal with any difficulties and obstacles.

With this year marking the 30th founding anniversary of joint diplomatic ties, Khai expressed hope that the Hana Financial Group and the Hana Bank, together with the BIDV, will launch a range of activities as a contribution to propelling bilateral relations forward moving forward.