MUFG Group of Japan wants to support Vietnam in developing an international financial center

Thanh Hà |

Japanese financial group Mitsubishi UFJ Financial Group (MUFG) wishes to continue supporting Vietnam in developing an international financial center.

On the afternoon of August 7, Politburo member and Prime Minister Pham Minh Chinh received Mr. Hironori Kamezawa - General Director of Mitsubishi UFJ Financial Group (MUFG) of Japan.

At the meeting, the General Director of MUFG assessed Vietnam as one of the most attractive investment destinations in the region, increasingly important for Japanese enterprises.

MUFG wishes to contribute to the development of the banking industry, Vietnam's economy and cooperation between Vietnam and Japan; continue to promote its role as a bridge between the business community and management agencies in Vietnam.

MUFG wishes to continue supporting Vietnam in developing an international financial center because this is an important step for Vietnam and also a strength of the group; actively supporting startups and innovative initiatives in the agricultural - food sector in a sustainable direction, promoting environmental and social responsibility of enterprises; cooperating in green transformation of the banking - finance sector.

Emphasizing that the Vietnam - Japan relationship is very good and Vietnam needs to continue to refer to and learn from Japan's development experience, Prime Minister Pham Minh Chinh highly appreciated MUFG's effective investment and business activities in Vietnam.

Prime Minister Pham Minh Chinh welcomed the group's investment and business plans in the coming time, especially initiatives to support Vietnam in achieving the goal of net zero emissions by 2050, developing a startup ecosystem, digital transformation in the banking sector...

In the spirit of harmonious benefits and shared risks, the Prime Minister suggested that, as a leading prestigious bank in the Japanese business community, MUFG continue to strengthen cooperation with Vietnam, contributing to promoting the Vietnam - Japan Comprehensive Strategic Partnership. The Vietnamese Government continues to create favorable conditions for Japanese banks to cooperate and invest in Vietnam, this is a correct and smart investment orientation.

Prime Minister Pham Minh Chinh suggested that MUFG continue to discuss with the Ministry of Finance to strengthen cooperation, complete the legal framework, and deploy the construction and operation of international financial centers in Da Nang and Ho Chi Minh City.

Along with that, share development experiences, contribute policies; promote cooperation in developing the digital economy, green economy, circular economy, and emerging fields; develop capital markets, promote green finance and carbon credit mechanisms, access to capital within the framework of the Asian Union for Net Emissions (AZEC); promote innovation, support startups; organize investment and development conferences in Vietnam to mobilize resources, support Vietnamese businesses to connect with foreign partners.

Thanh Hà
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