Work with us, be a link, for strong long term relationships.
For your unique demands, we provide tailor-made service.
Meet us,
and you will see the DIFFERENCE.

JICA helps VN restructure SOEs, banking

Deputy PM Vuong Dinh Hue hailed the Japan International Cooperation Agency (JICA)’s researches into State-owned enterprises (SOEs) and banking restructuring, regarding them as crucial assistance and policy consultancy for the Vietnamese Government.

Deputy PM Vuong Dinh Hue (R) and Vice President of JICA Kenichi Tomiyoshi, Ha Noi, June 16, 2016 - Photo: VGP/Nhat Bac


Deputy PM Vuong Dinh Hue hailed the Japan International Cooperation Agency (JICA)’s researches into State-owned enterprises (SOEs) and banking restructuring, regarding them as crucial assistance and policy consultancy for the Vietnamese Government.

Deputy PM Vuong Dinh Hue made that statement at his reception for Vice President of JICA Kenichi Tomiyoshi on June 16.

The two sides lauded the development in the two nations’ extensive Strategic Partnership.

Deputy PM Hue asked relevant ministries and agencies to closely cooperate with the JICA to complete SOEs and banking restructuring in the context that Viet Nam has gained a number of achievements in socio-economic development.  

He expected that with Viet Nam’s determination and efforts and assistance from Japan, Viet Nam will successfully realize economic restructuring and head to fast and sustainable development.

Mr.  Kenichi Tomioyshi and Japanese professionals presented fundamental and breakthrough proposals for reforming the SOEs, dealing with bad debt and shortcomings of Vietnamese commercial banks in the 2016-2020 phase.

Deputy PM Hue thanked the JICA for supporting Viet Nam in infrastructure for industrialization and modernization, contributing to the two nations’ relations as well as boosting the two economies in terms of development strategy, production capacity, training and human resources development.

Source VGP

News Relation

Financial investment: foreign funds ready for disbursement

Enhance the rules and disciplines to the whole Finance sector

Lenders licensed for foreign currency loans

Bank for overseas Vietnamese proposed

APEC vows to promote free trade over protectionism

Vietnam’s participation in financial, monetary and banking institutions facilitated

Vietnam offers conditions for business growth

Tax payment through banks: Change the method of guarantee for tax payment

How are foreign banks performing in Vietnam?

Legislators approve medium-term public investment plan

Punish 0.05% over total tax if not pay fine on time

Enterprise, Investment Laws breathe new life into business environment