CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Banking & Finance
PM proposes Myanmar to soonly granting licences to open BIDV's branch
Thu Minh 10:07, 2015/08/08
Prime Minister Nguyen Tan Dung suggested Myanmar to soonly consider granting licences to the Bank for Investment and Development of Vietnam to open its branch in Myanmar.
Prime Minister Nguyen Tan Dung received Governor of the Central Bank of Myanmar Kyaw Kyaw Maung in Hanoi on August 6 during his working visit to Vietnam. 
 
PM Nguyen Tan Dung receives Myanmar's Governor of the Central Bank Kyaw Kyaw Maung
PM Nguyen Tan Dung receives Myanmar's Governor of the Central Bank Kyaw Kyaw Maung
At the reception, the PM highlighted the long-standing friendship between Vietnam and Myanmar as well as the strong developments in bilateral collaboration, especially in economics, trade and investment. 
The Government leader applauded cooperation between the central banks of Vietnam and Myanmar, contributing practically to the two countries’ relations. 
He said Vietnam ranks eighth among countries and territories investing in Myanmar and trade has increased annually, stressing the huge potential for economic, trade and investment ties. 
PM Dung affirmed that  the Vietnamese Government creates all possible conditions for businesses to operate in Myanmar.
For his part, Governor of the Central Bank of Myanmar Kyaw Kyaw Maung said Myanmar treasures special importance to promoting multi-faceted cooperation with Vietnam, especially in economics, trade and investment, as well as to the affiliation between the two central banks for mutual interests. 
Myanmar will coordinate closely with the Vietnamese side to solve emerging economic issues, the Governor said. 
Comments
Other news
16:48, 2025/02/27
Local banks cut interest rates in response to PM’s request
The rate cuts come in response to the Prime Minister’s directive to inspect and review banks that have recently increased deposit rates.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
17:23, 2025/02/07
Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.