Vietnamese, Japanese financial companies enhance cooperation

15/01/2008 -- 7:44 PM

Ha Noi (VNA) – Finance Minister Vu Van Ninh recently held a working session with the Japanese leading financial group Nomura Holdings Inc. to discuss a cooperation plan between the group with Viet Nam ’s State Capital Investment Corporation (SCIC). According to Minister Ninh, SCIC and Nomura in 2007 signed a memorandum of understanding (MoU) to boost cooperation in improving management capacity, professional skills and personnel training. Minister Ninh, who is Chairman of the SCIC Management Council, said he hoped to see closer ties between the two sides in order to find effective models and methods in capital utilisation for Vietnamese State-owned businesses and to improve management capability for staff of the SCIC and businesses. Nomura’s Senior Managing Director Yoshinori Go said under the MoU, Nomura had held a training course for SCIC staff. He said the two sides should form a daily connection for more effective cooperation. He expressed his hope to see SCIC develop into a big group as the Temasek of Singapore in the next 5-10 years. Nomura, which provides financial solutions for businesses over the world, set up in Viet Nam the Nomura Hai Phong Industrial Zone with 90 percent of its acreage leased out.-Enditem
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