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Updated : 7:07 PM, 11/13/2009
Asian financial leaders conference opens in Hanoi
Vietnam’s economy and leading financial organizations are ready to tighten ties with the world economy and the global financial community, said Nguyen Hoa Binh, CEO of the Vietnam Bank for Foreign Trade (VCB), at the Asian financial leaders conference held in Hanoi on November 12-13.

Mr Binh added that the conference, co-organised by the Institute of International Finance (IIF), VCB and the Military Commercial Joint Stock Bank (MB), is important in the context of the world economy facing a number of serious issues in a post-crisis period.

The conference focused discussion on five main themes such as bouncing back from the global economic and financial crisis: the way ahead; management changes in global finance: the impact and influence on Asia; the banking sector’s prospects: regional partnership relations and financial integration; the role of providing loans for small-and-medium sized enterprises and small-scale credit in Asia’s economic growth, and Vietnam: economic and financial reform and future prospects.

Le Van Be, CEO of the MB said that the active participation of regional and international financial experts at the conference demonstrated the international concern for Vietnam’s economic and financial development. The conference will provide a number of opportunities for Vietnam to develop.

Charles Dallara, managing director of the IIF, said the event made an important mark on Vietnam’s financial integration process and allowed Vietnam’s leading banks to share information and experience with regional partners.

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