Optimal conditions for Japanese bank

This statement was made by Prime Minister Nguyen Xuan Phuc at a meeting with Kanetsugu Mike, President and CEO of MUFG, Japan's largest bank, in Hanoi on February 22.

The Prime Minister congratulated MUFG Bank on its success in Vietnam as a key partner and strategic shareholder of the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank). He expressed the hope that Japanese firms will continue to invest in Vietnam with larger projects, thus making Japan the top foreign investor in the country. He called for MUFG Bank and its CEO's continued support for Vietinbank to enhance its management capacity and service quality.

On his part, Kanetsugu Mike pledged stronger collaboration with Vietinbank, expressing the belief that the Government and economy of Vietnam will continue to develop strongly. Kanetsugu also said that he hopes the Vietnamese Government will continue to back the financial institutions and banks of Japan to invest more in Vietnam’s banking sector while stressing the need for more investment promotion events.