|
SBV Deputy Governor meets with French financial delegation
Deputy Governor Nguyen Van Binh of the State Bank of Vietnam (SBV), on December 12, had a meeting with a delegation of the Agence France Tresor (AFT) led by its Deputy General Director, Mr. Sébastien Boitreaud. The French guest was accompanied by Mr. Bernard Poudevige, Director of the Association pour le Développement des Échanges en Technologies Économiques et Financières (ADETEF) in Vietnam, and Mr. Thierry Pinsec, Expert of ADETEF.
The host informed the guests of the Vietnamese macro-economic situation and monetary policy management during 2008. The monetary policies taken by SBV, he added, have significantly contributed to controlling inflation, stabilizing macro-economy, maintaining proper growth, and proactively preventing economic recession.
For his part, Mr. Sébastien Boitreaud introduced the organizational and functional framework of AFT, particularly the challenges faced by AFT in debt management and the French Government’s financing strategy in this field.
The two sides exchanged their views on such issues as managing international reserves and the government bonds market. In regard to this issue, the SBV Deputy Governor said that the Vietnamese bond market is still in the making, but it has progressed significantly up to now. For the Vietnamese financial market, he went on, the Government bonds have been considered as the main instruments, since they could ensure high liquidity, safety and profit for the bond holders.
In the context of increasing cooperation between SBV and AFT over the past years, the representatives of SBV beneficiary departments present at this meeting expressed their appreciation for the advisory comments from AFT experts and called for further assistance from foreign countries, including France.
sbv
|
