Int'l Economic Cooperation Bank President to Visit Vietnam

President of the International Bank for Economic Cooperation (MBES) V. V. Bely will visit Vietnam in mid-March to study economic development, state media reported February 28.

 

It will be Bely’s first visit to Vietnam since he became MBES President July 13, 2007.

 

The tour is aimed at studying import-export, investment environment and the government’s preferential policies for international organizations.

 

The MBES official also hopes that the visit will pave the way for the bank to set up and boost relations with several commercial banks to seek for development and cooperation opportunities.

 

MBES is interested in investment in tourism, environmental protection and light industry.

 

The MBES President is scheduled to meet the Vietnamese prime minister and have working sessions with leaders of the Ministry of Finance, Ministry of Planning and Investment, the State Bank of Vietnam, the Hanoi and Ho Chi Minh People’s Committees and some commercial banks.

 

The Moscow-based bank was established in 1963 to facilitate economic cooperation among its member countries, including the Czech Republic, Cuba, Mongolia, Poland, Romania, Russia, Slovakia and Vietnam. (VNA)