Background

IBEC delegation visits Vietnam

A delegation from the International Bank for Economic Co-operation (IBEC), led by the Chairman of the Board Mr. Denis Ivanov, visited the Socialist Republic of Vietnam on April 16-17. The delegation held official consultations with the Deputy Governor Mr. Nguyen Ngoc Canh and senior representatives of the State Bank of Vietnam, and also met with a number of commercial banks.

During the discussions, Mr. Ivanov presented an overview of IBEC key areas of operation, product offerings, and strategic priorities in Vietnam. He highlighted that the Bank’s Strategy 2024–2026 is centered on expanding support for international trade activities among its member states, with a particular emphasis on boosting export-import operations. The parties also reviewed a number of operational matters deemed essential for enhancing IBEC presence and effectiveness in Vietnam.

The IBEC delegation underscored the Bank’s commitment to fostering diversification in export and import markets and to increasing trade volumes with its member countries. Special attention is being given to supporting Vietnamese enterprises seeking to enter or expand in these markets. In addition, both sides explored prospective areas for further cooperation aimed at transforming IBEC into a more dynamic, competitive, and responsive international financial institution capable of more effectively facilitating foreign economic relations among its member states.

Mr. Nguyen Ngoc Canh commended the Bank’s leadership for its proactive measures during the current complex geopolitical environment and expressed confidence in IBEC continued progress and resilience in the face of emerging challenges.

IBEC Chairman expressed his gratitude for the warm reception extended by the Central Bank of Vietnam and acknowledged the strong interest and support shown by Vietnam’s top economic leadership during this important phase of IBEC development.

During the meetings with Vietnamese commercial banks, the parties discussed issues of cooperation in the field of foreign trade to support Vietnam's imports and exports with IBEC member countries and other countries of strategic interest. In particular, the discussion focused on supporting trade in food and textile products. IBEC traditionally pays special attention to cooperation with local financial institutions in its member countries, which allows the Bank to follow the principle of complementarity in its activities and jointly with commercial banks to carry out sustainable trade finance operations.

< Back to news
© 2025 IBEC Cookies Policy Privacy Policy Personal Data Processing Policy Site Map © 2025 IBEC
Website developed by ITECH.group