Vietnam has full capacity and position to become an important financial center in the world.

Permanent Deputy Prime Minister Nguyen Hoa Binh and Ms. Julie Becker, CEO of LuxSE - Photo: VGP/Nguyen Hoang

Expressing her honor to welcome Deputy Prime Minister Nguyen Hoa Binh and the Vietnamese delegation to the Luxembourg Stock Exchange, Ms. Julie Becker, CEO of LuxSE, emphasized that the relationship between the two stock markets of Vietnam and Luxembourg has been established for a long time and has developed substantially and sustainably over the years; committing that LuxSE will continue to provide the best financial services to support the Vietnamese Government and businesses.

Permanent Deputy Prime Minister Nguyen Hoa Binh talks with Ms. Julie Becker, CEO of LuxSE - Photo: VGP/Nguyen Hoang

Thanking the Board of Directors of LuxSE for their warm welcome, Permanent Deputy Prime Minister Nguyen Hoa Binh highly appreciated LuxSE's active support for Vietnam over the years in many areas, including bond issuance, upgrading the stock market and training officials; saying that the Vietnamese stock market is increasingly developing, gradually meeting international standards. Meanwhile, the Luxembourg stock market is the world's leading successful market, in new areas such as: Issuance of green bonds, crypto assets..., in line with Vietnam's development orientation.

Therefore, the Permanent Deputy Prime Minister asked LuxSE to support the Vietnamese stock market to develop more strongly, and at the same time hoped that more and more Vietnamese enterprises would list and develop bonds on the Luxembourg stock market, mobilizing foreign capital to serve the development of the Vietnamese economy.

At the meeting, the Permanent Deputy Prime Minister and the Board of Directors of LuxSE also discussed the policy of establishing an international financial center in Ho Chi Minh City and Da Nang of Vietnam. Both sides agreed that this was a necessary decision to meet Vietnam's development needs in the coming time and agreed to cooperate closely in this field.

Ms. Julie Becker affirmed that with its important geopolitical position, independent, self-reliant and sustainable foreign policy, Vietnam has full capacity and position to become an important financial center in the world and is ready to share with Vietnam experiences in building and operating international financial markets.

The Permanent Deputy Prime Minister and the Board of Directors of LuxSE discussed the policy of establishing an international financial center in Ho Chi Minh City and Da Nang of Vietnam - Photo: VGP/Nguyen Hoang

Following the speeches of the two leaders, representatives from LuxSE actively shared experiences in building legal infrastructure and legal systems necessary to operate the international financial market; and preferential policies necessary to attract foreign investors to participate in the market.

LuxSE leaders also pledged to support human resource training for Vietnam to improve professional and technical capacity to serve the construction and implementation of the international financial market, making Vietnam a success story in this field./.

Nguyen Hoang