TẠP CHÍ ĐIỆN TỬ
PM invites Japan’s MUFG to join Vietnam’s International Financial Centre development
MUFG is one of Japan’s three largest banking institutions.
Prime Minister Pham Minh Chinh has invited Japan’s Mitsubishi UFJ Financial Group (MUFG) to participate in developing an international financial centre in Vietnam, during a meeting with its CEO Hironori Kamezawa in Hanoi on August 7, according to a report from the Vietnam News Agency.
MUFG, one of Japan’s three largest banking institutions, operates over 770 branches in Japan and 76 globally.
PM Chinh welcomed MUFG’s future investment and business plans, especially those that align with Vietnam’s net-zero emissions target by 2050, support digital transformation in the banking sector, and foster a vibrant start-up ecosystem.
He called on MUFG—renowned for its credibility within Japan’s business community—to expand its cooperation with Vietnam and contribute to the advancement of the Vietnam–Japan Comprehensive Strategic Partnership.
The Prime Minister reiterated the Government’s commitment to creating a favorable investment environment for Japanese financial institutions, calling MUFG’s engagement in Vietnam a “strategic and forward-looking investment direction.”
He proposed that MUFG work closely with the Ministry of Finance to help develop legal frameworks and facilitate the establishment and operation of the projected international financial center in Da Nang and Ho Chi Minh City. PM Chinh also urged the group to share its expertise, assist in policy formulation, and explore emerging fields such as the digital economy, green finance, and the circular economy.
Additionally, he called for MUFG’s support in developing Vietnam’s capital markets, carbon credit mechanisms, and access to capital through the Asia Zero Emission Community (AZEC) initiative. He also encouraged the bank to promote innovation, support start-ups, and help organize investment forums that can attract resources and connect Vietnamese firms with international partners.
In response, Mr. Kamezawa reaffirmed Vietnam’s appeal as one of the region’s most attractive investment destinations and highlighted its growing importance to Japanese businesses. He expressed MUFG’s strong commitment to contributing to the growth of Vietnam’s banking sector, its broader economic development, and the strengthening of bilateral ties with Japan.
