BIDV leaders attend the Financial Investment Promotion Conference in Singapore
BIDV representatives attending the program included Deputy General Director Hoang Viet Hung, Deputy General Director of Doan Viet Nam , Directors of Financial Institutions, Capital & Currency Trading Departments, and Branches of Transaction Office 1, Hanoi, Dong Ha Noi and Tay Ho.
Within the framework of the delegation's program, in addition to working directly with management agencies, transaction offices, customers and investors in the host country, BIDV directly participated in two investment promotion programs in Australia and Singapore.
On August 2, in Sydney, the State Securities Commission in coordination with the Australian Department of Foreign Affairs and Trade (DFAT); Australian Ambassador to Vietnam; and the Office of the Vietnamese Consulate General in Sydney organized the Vietnam - Australia Financial Market Connection Seminar.
Speaking at the seminar, BIDV shared the topic "Green Finance - Cooperation Opportunities between BIDV and Australian Investors" to introduce to investors the opportunity to cooperate with BIDV with services related to green finance, project financing, as well as securities products, especially ESG bonds issued by BIDV itself.
Sharing about cooperation opportunities with Australian Investors at the seminar, BIDV also discussed forms of cooperation, specifically: BIDV directly or in cooperation with Australian Banks can support businesses to invest in projects under different structures (co-financing/guarantee); BIDV can support Australian businesses operating in Vietnam to issue green bonds, sustainable bonds (ESG).
BIDV leaders share about cooperation opportunities with Australian investors
During the discussion, BIDV and banks, businesses, and investment funds from both countries shared and exchanged opportunities to introduce their strengths and interests in the green financial market, green financial products, green projects, sustainable development projects as well as opportunities to promote bilateral cooperation between the two markets.
Following the success of the seminar in the Australian market, on the morning of August 6, 2024 in Singapore, BIDV attended the Investment Promotion Conference "My Vietnam - Your Investment Destination" chaired by the Minister of Finance. With the attraction of the opportunity to upgrade the Vietnamese stock market, the conference attracted more than 300 delegates from leading enterprises in Singapore and Vietnam, including financial institutions, banks, investment funds, securities companies and enterprises of both countries.
Speaking at the opening of the conference, the Minister of Finance said that the Vietnamese Government always considers the foreign-invested economic sector an important part of the economy, and the Government always creates favorable conditions for long-term development, cooperation and fair and equal competition. Accordingly, the Minister affirmed that the Vietnamese Ministry of Finance is committed to accompanying and creating favorable opportunities for partners, businesses and investors to seek investment and cooperation opportunities that bring the highest efficiency. The Ministry of Finance welcomes businesses and investors from Singapore in particular and the region in general to increase new investment and expand the scale of investment in Vietnam, further promoting the effectiveness of cooperation and investment for mutual success and common prosperity.
Also at the conference, the SSC provided information to Singaporean investors on the overview of the current situation of the Vietnamese stock market, prospects and goals and policies for market development in the coming time. In addition, representatives from securities companies, fund management companies, and large listed companies on the Vietnamese stock market shared about the growth potential of the Vietnamese stock market, the preparation of securities companies, custodian banks as well as cooperation opportunities in the context of upgrading the Vietnamese stock market from a frontier market to an emerging market.
Deputy General Director of the Vietnamese delegation representing BIDV spoke at the Financial Investment Promotion Conference
BIDV representative speaking at the Conference, Deputy General Director of Doan Viet Nam said that since the end of 2023, BIDV, as the leading custodian bank in Vietnam, has actively coordinated with the market working group and the working group of the Vietnam Business Forum (VBF) and major securities companies to study solutions and trading mechanisms to meet the conditions for upgrading the market. Accordingly, emphasizing the technical measures applied and BIDV's contribution to the new trading model of eliminating pre-transaction deposits for foreign institutional investors.
BIDV also researches and deploys products and services to meet the new trading model of the market as well as improve service quality to anticipate the investment needs of foreign investors when the Vietnamese stock market is upgraded; Regularly upgrade the Information Technology system to monitor and account for transactions for all arising trading situations; Continue to promote activities to support foreign investors in consulting on procedures for participating in the market and investment activities in Vietnam; Focus on promoting the issuance of green financial instruments, sustainable finance (Green bonds, Sustainable bonds, Sustainability-linked bonds...) to increase investment sources for the market; actively coordinate with State management agencies to build and operate the Carbon Market; Develop preferential and competitive fee policies specifically for foreign investors participating in securities investment in Vietnam.
With its experience and efforts, BIDV commits to prioritize dedicating maximum resources to accompany and contribute to the overall upgrading process of the Vietnamese stock market in all roles: Payment Bank, Custodian Bank, Major Issuer, Active and Dynamic Member of the market as well as pioneering in providing advanced products and services, meeting the needs of investors participating in the market.
The conference was successfully held with the participation of many people and especially the active exchange and discussion of delegates from the two countries. The event created a connecting forum, thereby opening up greater and more effective opportunities for cooperation and development of businesses, investment funds, investors and the stock markets of the two countries, as well as the common prosperity of Vietnam - Singapore.
Source: https://bidv.com.vn/bidv/tin-tuc/tin-ve-bidv/bidv-uu-tien-tai-tro-phat-trien-xanh-chuan-bi-san-sang-nang-hang-thi-truong-chung-khoan-viet-nam
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