Standard Chartered wishes to expand investment in Vietnam: Chairman José Viñals

Chairman of the UK-based Standard Chartered PLC José Viñals confirmed that his bank will continue expanding investment in Vietnam to contribute to the country’s growth and prosperity during a meeting with Deputy Prime Minister Le Minh Khai in Hanoi on June 27, the Government News has reported.

The bank would call for more foreign investors to invest and do business in Vietnam, he said.

He noted that Vietnam has had an excellent management method in macro-economy and finance to overcome difficulties and challenges and gain an impressive growth.

He also confirmed that Standard Chartered will support the country in improving its national credit rating, ensuring foreign investors’ confidence, and promoting sustainable and green economic development.

Deputy PM Khai stressed that Vietnam will continue to support and create favorable conditions for the bank to operate effectively, implement cooperative projects successfully, and accompany Vietnam in its development process.

Vietnam wishes to get experience and consultancy from global groups, including Standard Chartered, to develop a financial center in Vietnam, he said.

Since 2012, Standard Chartered has proactively played its role as the sole advisor to the Vietnamese Government on national credit rating upgrades.