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Sunday, January 24 2021
Tiếng Việt
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Date 23/09/2020-17:00:00 PM
Deputy Minister Tran Quoc Phuong receiving the General Director of HSBC Vietnam
(MPI) - September 23rd, 2020, Deputy Minister Tran Quoc Phuong met with General Director of HSBC Vietnam Timothy Mark Redvers Evans.

Speaking at the meeting, Mr. Timothy Mark Redvers Evans said that HSBC celebrated 150 years of operation in Vietnam in 2020.HSBC believes that there are many business cooperation opportunities with Vietnam.To date, HSBC Group has been present in 63 countries and territories in Asia, Europe, North America and Latin America, the Middle East and North Africa.

Mr. Timothy Mark Redvers Evans informed that customers from Japan, Korea, Korea, China, etc., all wanted to invest in Vietnam because of its stable politics, well-controlled inflation, and open policies with various competitive incentives.

Deputy Minister Tran Quoc Phuong speaking at the meeting.Photo: MPI

Speaking at the meeting, Deputy Minister Tran Quoc Phuong thanked General Director Timothy Mark Redvers Evans for his good comments on Vietnam.He highly appreciated the activities of HSBC Vietnam and hoped that HSBC would continue to further strengthen the cooperation between HSBC and the Ministry of Planning and Investment to actively contribute to the overall socio-economic development of Vietnam.

Deputy Minister Tran Quoc Phuong said that Vietnam was highly appreciated by the international community in the prevention and fighting against the Covid-19, a promising country in post-pandemic economic rebound and a potential destination with diversified policies where major partners shift their production chains to.This is an opportunity for selective investment cooperation, attraction of quality foreign investment. Especially, this is an opportunity for Vietnamese businesses to further participate in the global supply chain.

Vietnam is building a new socio-economic development orientation. For foreign investment attraction policies, Vietnam focuses on projects with large scale, in the processing industry which can create modern, environment-friendly and interconnected technology, connecting with the global production chain. Given that orientation, the Government of Vietnam has taken strong actions such as establishing the working group to promote foreign investment cooperation in order to remove bottlenecks on investment, carrying out domestic and foreign investment promotion activities, Deputy Minister Tran Quoc Phuong emphasized.

Deputy Minister Tran Quoc Phuong witnessed the signing of a Memorandum of Understanding between the Foreign Investment Agency and HSBC Vietnam’s One Member Limited Liability Bank.Photo: MPI

To mark a new development between HSBC and the Ministry of Planning and Investment, right after the meeting, the signing ceremony of a memorandum of understanding between the Ministry of Planning and Investment and HSBC took place to create a solid basis for cooperation between the two partners. The MoU’s main content includes providing support and coordination to organize seminars to encourage investment from potential investors;development of investment promotion documents;exchanging research information on FDI, investment trends, policies and orientations to attract FDI./.


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