On 16/10, Deputy Prime Minister Nguyen Van Thang met with Ernesto Torres Cantu, Chief Executive Officer of Citigroup.
Mr. Cantu stated Citigroup sees many opportunities to help Vietnam achieve its growth targets. The financial institution wants to find solutions to mobilize capital for Vietnam's energy sector. They are also ready to bring international investors to Vietnam and support domestic businesses in accessing foreign markets.
Citigroup's leadership also mentioned closer cooperation with the Ministry of Finance to improve national credit ratings, strengthening Vietnam's reputation in the global financial market.
Mr. Cantu noted the increasingly open business investment environment, highlighting smoother and more open exchanges between Citigroup and Vietnamese regulatory agencies. This support, he said, enables Citigroup to contribute more to the economy.
 |
Deputy Prime Minister Nguyen Van Thang meets with Ernesto Torres Cantu, Chief Executive Officer of Citigroup. *Photo: VGP* |
During the meeting, Deputy Prime Minister Nguyen Van Thang affirmed the government's commitment to achieving an average GDP growth target of 10% or more annually for the 2026-2030 period, while maintaining macroeconomic stability.
To achieve this, Vietnam aims to mobilize social resources, including capital from international financial institutions.
The Deputy Prime Minister asked Citibank, a Citigroup bank, to continue acting as a bridge to attract high-quality investment flows and help Vietnamese businesses connect with the global financial network. The government is ready to create conditions for foreign businesses to invest and operate long-term in Vietnam.
He also hoped the bank would share expertise on: digital transformation, international payments, and sustainable development solutions, and support the establishment of international financial centers in TP HCM and Da Nang.
Additionally, the Deputy Prime Minister requested Citigroup's leadership to convey Vietnam's cooperation efforts to the US government, aiming to finalize negotiations for a reciprocal, fair, and balanced trade agreement soon.
By Phuong Dung
