PM Pham Minh Chinh visited New York Stock Exchange

May 17, 2022 | 16:55

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Prime Minister Pham Minh Chinh visited the New York Stock Exchange (NYSE) on May 16, where he participated in a roundtable conversation with CEOs and business leaders of a number of firms and investment funds listed on the NYSE.

PM Chinh expressed his delight at visiting the NYSE, the largest stock exchange in the world in terms of market capitalisation, and rang the iconic Closing Bell.

Some of the Vietnamese conglomerates are considering offering their shares on foreign exchanges, particularly the NYSE, in order to scale up their financial soundness. In April, Vingroup’s automobile arm VinFast submitted its application for an initial public offering to the US Securities Exchange Commission.

PM Chinh also attended the awarding ceremony between Vietnam and the US to further strengthen bilateral relations in various fields, including finance, banking, and investment funds.

Vietnam’s State Securities Commission and the NYSE have inked a cooperation agreement to facilitate Vietnam’s forthcoming market upgrade and provide a mechanism for investors to engage in both stock markets.

Here are some photos of PM Chinh visiting and working at the NYSE:

PM Pham Minh Chinh visited New York Stock Exchange

Photo: VGP

During the meeting with Vietnam's PM, Joseph Y. Bae, co-CEO of KKR, a US-backed investment firm, expressed the fund's ambition to expand its footprint in Vietnam across a variety of industries such as real estate, infrastructure, digital transformation, food, consumer goods, and technology.

PM Chinh and KKR's co-CEO Joseph Y. Bae. Photo: VGP

PM Chinh also received Alfred F. Kelly, Jr., chairman and CEO of VISA, and a number of renowned CEOs from Citigroup, and Standard & Poor's, to name a few.