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LUXEMBOURG

Prime Minister Pham Minh Chinh visits the Luxembourg Stock Exchange

Sugar Mizzy December 9, 2022

Prime Minister Pham Minh Chinh visits the Luxembourg Stock Exchange

Prime Minister Pham Minh Chinh on an official visit to Luxembourg visited the Luxembourg Stock Exchange (LuxSE) on December 9, the first in the world to have a platform dedicated to green securities and currently listing half of the world’s green bonds.

>> Deepen Vietnam – Luxembourg friendship and cooperation

>> PM Pham Minh Chinh talks with his Luxembourg counterpart

Prime Minister Pham Minh Chinh (left) said Vietnam wants to foster cooperation with Luxembourg to develop its stock market.
Photo: VNA/CVN

This is the second time the Vietnamese prime minister has visited a stock exchange during his overseas business trips. Previously, he visited the New York Stock Exchange during his work trip to the United States in May 2022.

LuxSE Chairman Alain Kinsch said the Vietnamese Prime Minister’s choice of LuxSE as the destination during his visit demonstrates recognition of the exchange’s efforts in developing green finance and sustainability.

He said he believed Vietnam would soon become a developed country, thus promoting mutually beneficial cooperation between the two nations.

Prime Minister Pham Minh Chinh, for his part, said Vietnam wants to foster cooperation with Luxembourg to develop its stock market, especially in institution building, technology, digital transformation, market management and human resources training.

On this occasion, the Luxembourg Stock Exchange and the Vietnam Stock Exchange signed a cooperation agreement.

The Vietnamese leader wished for Luxembourg’s support in green and sustainable development and adaptation to climate change.

VNA/CVN

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