On the morning of April 24, 2026, at the headquarters of the State Bank of Vietnam (SBV), Governor Pham Duc An held a meeting with Mr. Eog-Weon Lee, Chairman of the Financial Services Commission (FSC) of the Republic of Korea (RoK).
Governor Pham Duc An and FSC Chairman Eog-Weon Lee at the meeting
At the meeting, the Governor briefed the guest on Vietnam’s growth targets for the coming period and emphasized the SBV’s role in maintaining macroeconomic stability, ensuring the value of the Vietnamese currency, and contributing to economic development.
He added that Vietnam’s demand for capital in the coming period would be substantial, particularly for long-term funding sources. In this context, the Governor suggested that Korean banks continue to strengthen their role in channeling capital not only to Korean companies but also to Vietnamese enterprises in support of production and business activities.
At the same time, the Governor stressed that the RoK is a partner with extensive experience in economic and financial development, and expressed his hope to further strengthen exchanges, cooperation, and mutual learning, particularly through the promotion of seminars, delegation exchanges, and training cooperation.
For his part, FSC Chairman Eog-Weon Lee stated that the operational expansion of Korean financial institutions would not only provide capital for businesses but also help create jobs for Vietnamese people. He also expressed his willingness to share experience in the development of the financial market in general and banking operations in particular, including debt resolution, risk management, and the development of payment systems.
In conclusion, the two sides agreed to coordinate closely in promoting the implementation of cross-border QR payment connectivity, thereby contributing to the enhancement of tourism cooperation, people-to-people exchanges, and the use of local currencies in retail payments between the two countries in the coming period.