Vietnamese premier rings bell to close trading session at New York Stock Exchange

Must Read

Vietnamese premier rings bell to close trading session at New York Stock Exchange

Vietnamese Prime Minister Pham Minh Chinh rings the bell concluding the trading session at the New York Stock Exchange, May 16, 2022. Photo: Nguyen Khanh / Tuoi Tre

Vietnamese Prime Minister Pham Minh Chinh stopped over the New York Stock Exchange (NYSE) as part of his U.S. visit on Monday (local time) and rang the bell marking the end of the trading session at ‘The Big Board.’

PM Chinh expressed his pleasure to visit the NYSE, the world’s largest stock exchange in terms of market capitalization, and to ring the bell closing the trading session.

The premier hoped that the NYSE will give support and share its experience to help promote the development of an effective and sustainable stock market in Vietnam, and build a mutually beneficial partnership with Vietnamese partners, contributing to enhancing the Vietnam-U.S. comprehensive partnership.

On this occasion, he witnessed the signing of two cooperation documents in the fields of finance, banking, and investment between Vietnamese and American companies, including the cooperation document between the State Securities Commission of Vietnam and the NYSE on providing support for market upgrades and formulating a mechanism for investors to participate in the two stock markets.

Video: New York Stock Exchange

On the same day, PM Chinh joined phone talks with Antoinette Monsio Sayeh, Deputy Managing Director of the International Monetary Fund (IMF).

The premier thanked the IMF for helping Vietnam access vaccines and financial support in COVID-19 prevention and control and asked the organization to further assist the country in effectively implementing socio-economic recovery programs.

Sayeh affirmed that Vietnam is a great partner of the IMF, adding that the IMF is ready to support Vietnam at the proposal of Prime Minister Chinh.

The Vietnamese leader also convened a meeting with United Nations Deputy Secretary-General Amina J. Mohammed in New York on the same day.

During the conversation, PM Chinh stressed that Vietnam will continue playing its role and making more active and constructive contributions to the common work of the UN in all three pillars – security-politics, development, and human rights.

Vietnamese Prime Minister Pham Minh Chinh witnesses the signing of a cooperation document between Vietnamese and American partners at the New York Stock Exchange, May 16, 2022. Photo: Nguyen Khanh / Tuoi Tre

Vietnamese Prime Minister Pham Minh Chinh witnesses the signing of a cooperation document between Vietnamese and American partners at the New York Stock Exchange, May 16, 2022. Photo: Nguyen Khanh / Tuoi Tre

He reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the UN Charter, as well as the country’s support for the UN’s central role in the global administration system.

Vietnam is working hard to achieve the target of becoming an industrialized country with high income by 2045, and the country hopes for more companionship and support from the UN, including in the implementation of the national digital transformation program by 2025.

Regarding regional and international issues, the premier expressed his delight at the enhanced relationship between the UN and the Association of Southeast Asian Nations (ASEAN).

He suggested that the UN back ASEAN’s centrality in handling regional issues, including maintaining peace and stability in the East Vietnam Sea, the peaceful settlement of disputes in accordance with international law, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS), and support Myanmar to stabilize its situation through dialogue and reconciliation.

Vietnamese Prime Minister Pham Minh Chinh meets United Nations Deputy Secretary-General Amina J. Mohammed in New York, May 16, 2022. Photo: Vietnam Government Portal

Vietnamese Prime Minister Pham Minh Chinh meets United Nations Deputy Secretary-General Amina J. Mohammed in New York, May 16, 2022. Photo: Vietnam Government Portal

On the situation in Ukraine, the PM affirmed that it is necessary to push for dialogues and negotiations in search of sustainable peaceful solutions on the basis of respect for the fundamental principles of international law and the UN Charter.

Vietnam has decided to provide US$500,000 to humanitarian activities to support the people affected by the conflict in Ukraine, he added.

Mohammed emphasized that Vietnam is an important partner and a friend of the UN, expressing her hope for more comprehensive, effective relations between the two sides.

The PM also met with UNICEF Executive Director Catherine Russell, President of the UN General Assembly Abdulla Shahid, and Administrator Achim Steiner of the United Nations Development Program (UNDP).

PM Chinh is on a working visit to the U.S. from May 15 to 17.

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest News

Vietnam, Italy hold political consultation with aim to beef up strategic partnership

Vietnam and Italy pledged to boost future bilateral cooperation during the fourth political consultation session held between the two...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img