19-12-2008
Ha Noi — Prime Minister Nguyen Tan Dung praised the co-operation between the State Bank of Viet Nam (SBV) and the National Bank of Cambodia (NBC), particularly an agreement signed during the NBC governor’s current working visit to Viet Nam.
Receiving an NBC delegation, led by its governor Chea Chanto in Ha Noi yesterday, the PM said that the Vietnamese Government and people would do their utmost to boost the friendly, co-operative and neighbourly relations between Viet Nam and Cambodia for the benefits of both sides.
The PM welcomed Chea Chanto’s visit, saying that it would promote the two countries’ co-operation, particularly in economics, trade and investment.
He said the fact that Cambodia has granted permission for two Vietnamese banks to open in Cambodia would help increase the bilateral trade to US$2 billion by 2010 and encourage Vietnamese businesses to invest in Cambodia.
Governor Chea Chanto said that, during the visit, the two central banks exchanged views on the economic situation in their countries and on their activities in the areas of monetary policy, inspections, supervision and credit organisations’ operations.
He reported to the PM that the two sides had signed a memorandum of understanding on the exchange of information regarding banking inspections to create a legal basis for stricter management, increased efficiency and more safety and security for the two countries’ commercial banks.
Chea Chanto affirmed that Cambodia would create favourable conditions for the Agribank and Sacombank, as well as other Vietnamese banks to open branches in Cambodia. — VNS
Ha Noi — Prime Minister Nguyen Tan Dung praised the co-operation between the State Bank of Viet Nam (SBV) and the National Bank of Cambodia (NBC), particularly an agreement signed during the NBC governor’s current working visit to Viet Nam.
Receiving an NBC delegation, led by its governor Chea Chanto in Ha Noi yesterday, the PM said that the Vietnamese Government and people would do their utmost to boost the friendly, co-operative and neighbourly relations between Viet Nam and Cambodia for the benefits of both sides.
The PM welcomed Chea Chanto’s visit, saying that it would promote the two countries’ co-operation, particularly in economics, trade and investment.
He said the fact that Cambodia has granted permission for two Vietnamese banks to open in Cambodia would help increase the bilateral trade to US$2 billion by 2010 and encourage Vietnamese businesses to invest in Cambodia.
Governor Chea Chanto said that, during the visit, the two central banks exchanged views on the economic situation in their countries and on their activities in the areas of monetary policy, inspections, supervision and credit organisations’ operations.
He reported to the PM that the two sides had signed a memorandum of understanding on the exchange of information regarding banking inspections to create a legal basis for stricter management, increased efficiency and more safety and security for the two countries’ commercial banks.
Chea Chanto affirmed that Cambodia would create favourable conditions for the Agribank and Sacombank, as well as other Vietnamese banks to open branches in Cambodia. — VNS
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