ANZ aims for long-term investment in Vietnam

Over the past five years, the Asia-Pacific has been one of ANZ’s most lucrative markets, contributing 20 percent of the bank’s total revenue or around US$3 billion.

During a working session with Deputy Minister of Finance Truong Chi Trung in Hanoi on January 7, ANZ Vietnam General Director Alex Thursby said the bank is seeking to introduce its latest products to the Vietnamese market.

ANZ’s development strategy focuses on offering Vietnam products and services already tested on global markets, helping Vietnam stabilise its financial market, Thursby said.

He pledged ANZ’s long-term commitment to investment and cooperation in Vietnam.

Deputy Minister Trung highlighted the business potential inherent in Vietnam’s sustainable economic growth, young population, and political stability. Vietnam always seeks to foster favourable conditions for investors, including foreign credit organizations, to operate and expand their businesses based here, he added.