On June 22, 2026, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Nguyen Ngoc Canh met with a delegation from the Bank of Communications (BoCom), led by Mr. Ren Deqi, Chairman of the Board of Directors of BoCom. puty Governor Nguyen Ngoc Canh meets with BoCom delegation.
Deputy Governor Nguyen Ngoc Canh and the BoCom delegation pose for a group photo
At the meeting, Deputy Governor Nguyen Ngoc Canh welcomed Mr. Ren Deqi and the BoCom delegation to the SBV. He highly appreciated the positive performance of BoCom's branch in Vietnam and its contributions to the development of Vietnam’s financial and banking sector.
Sharing updates on Vietnam's macroeconomic situation and the orientation of monetary policy management in the coming period, Deputy Governor Nguyen Ngoc Canh stated that the SBV will continue to conduct monetary policy in a proactive, flexible and effective manner, while closely coordinating with fiscal policy and other macroeconomic policies to achieve the objectives of controlling inflation, maintaining macroeconomic stability, ensuring the safety of the banking system, and supporting sustainable economic growth.
Deputy Governor Nguyen Ngoc Canh meets with BoCom Chairman Ren Deqi
The Deputy Governor noted that the cooperative relationship between Vietnam and China has continued to strengthen and expand across various fields in recent years. In particular, Chinese banks operating in Vietnam, including BoCom, have played an active role in providing financial services and facilitating trade, investment, and business activities between the two countries.
He encouraged BoCom to continue leveraging its position as one of China’s leading banking institutions by strengthening its operational capacity in Vietnam, supporting key projects, and contributing to the implementation of cooperation priorities agreed upon by the two countries.
For his part, Mr. Ren Deqi expressed his confidence in the prospects for financial and banking cooperation between Vietnam and China. He noted that BoCom is currently one of China’s largest commercial banks and considers Vietnam an important market in the region.
Mr. Ren also thanked the Vietnamese Government and the SBV for their support and for creating favorable conditions for the operation of BoCom's branch in Vietnam. He affirmed that BoCom would continue to leverage its strengths and experience to expand investment, provide financial services, and support capital mobilization for priority sectors, thereby contributing to enhanced economic cooperation between the two countries.
Concluding the meeting, Deputy Governor Nguyen Ngoc Canh expressed his confidence that BoCom would continue to serve as an important financial bridge, effectively supporting trade and investment activities between Vietnamese and Chinese enterprises, and thereby contributing to the further development of the Comprehensive Strategic Cooperative Partnership between Vietnam and China.
HY