"Vietnam Day - First Vietnam Dialogue" is a specialized forum on capital investment in Vietnam, held for the first time in Frankfurt, Germany on November 19, 2024 (within the framework of the 27th Euro Finance Week), bringing together Vietnamese, German and European businesses in the fields of banking, capital management and financial technology.
The event was initiated by the German consulting firm Vietnam Advisors with the aim of establishing a platform connecting policy makers, banks, financial and technology companies, and leading legal experts to promote cooperation in the field of capital and financial technology between Vietnam - Germany in particular and European countries in general.
VNBA's Vice President cum General Secretary Nguyen Quoc Hung and SBV representative at the event.
At the event, Vietnamese Deputy Prime Minister cum Minister of Finance Ho Duc Phoc delivered a video message emphasizing the country's great development potential. Vietnam will create the best possible conditions and introduce consistent policies to attract foreign investment. With a commitment to promoting the digital and green economy, high-tech platforms, artificial intelligence (AI) and a fair energy transition, Vietnam hopes that the ideas and investments of the participants will help Vietnam promote growth in the new era.
Dr. Karsten Stroborn, General Manager of Deutsche Bundesbank (Germany), acknowledged the strong development in the relationship between the two countries and their position as important trading partners in their respective regions. He expressed his hope that the dialogue will become an annual event, serving as an essential platform to promote bilateral trade and investment cooperation.
VNBA's Vice President cum General Secretary and representative of VNPay at the event
Vietnamese Ambassador to Germany Vu Quang Minh shared his hope that Vietnam can take advantage of domestic and international resources, as well as support from German and European investors and organizations, to promote development in the coming era.
Speakers took souvenir photos at the event
Mr. Jens Rübbert, CEO, Head of Asia/Pacific at Landesbank Baden-Württemberg (LBBW) (Germany) and Chairman of the EU-ASEAN Business Council, praised Vietnam's impressive growth and steady foreign direct investment (FDI) inflows. He highlighted the trade-boosting role of the EU-Vietnam Free Trade Agreement (EVFTA), which came into effect in 2020, and Vietnam's potential to capitalize on changing investment flows amid global trade tensions.
Mr. Nguyen Phi Lan, Deputy Director of the Forecasting and Statistics Department, State Bank of Vietnam, emphasized that the State Bank of Vietnam has made significant strides in promoting environmentally responsible banking and supporting green investment projects. In the first nine months of 2024, green credit grew by over 22% annually, reaching about VND650 trillion (US$25.57 billion). Vietnamese financial institutions are increasingly applying advanced financial tools to support sustainable development.
...at the Headoffice of TechQuartier
... at the Headquarters of ECB
Within the framework of the working program, the Vietnam Banking Association delegation participated in a number of sideline activities such as: attending the Opening Session of the 27th European Finance Week; visiting and working at a number of financial institutions headquartered in Frankfurt am Main: the Monetary Museum of the Federal Bank of Germany, the European Central Bank, the Frankfurt Stock Exchange, meeting and exchanging on Digital Transformation and Ecosystem Building at TechQuartier, etc.
International Cooperation Team
