Vietnam and Luxembourg sign MoU to strengthen financial cooperation
On October 12 in Hanoi Vietnam s Minister of Finance Ngo Van Tuan and Luxembourg s Minister of Finance Gilles Roth signed an MoU on cooperation between the two countries ministries of finance
Vietnam and Luxembourg have signed a Memorandum of Understanding (MoU) to strengthen their financial cooperation, focusing on areas such as knowledge, skills, expertise, and training in financial services. The agreement aims to build expertise on emerging issues in financial services, including sustainable finance, fintech, investment funds, capital markets, banking, and insurance.
Cooperation may take various forms, such as exchanging information on financial trends and regulations, organizing seminars and training courses in both countries, and exploring joint activities to boost investment. Minister Tuan of Vietnam expressed his satisfaction with the MoU, stating it will provide a solid foundation for future cooperation, particularly in capital market development and attracting investment funds.
Luxembourg's Minister Roth highlighted the country's strengths in investment funds and its ambition to become a regional and global hub for green financial transactions.
Brief written by urgent.news from Vietnam Investment Review's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
