The prime minister held meetings with executives of US major financial corporations such as KKR, Visa, S&P, and Citigroup over future cooperation in the financial sector. The comprehensive partnership between Vietnam and the US would create favorable conditions for investment activities. Prime Minister Pham Minh Chinh and CEO of KKR Joseph Bae (l). Photos: VGP Prime Minister Pham Minh Chinh stressed the view during meetings with executives of US financial corporations on May 16. Joseph Bae, the CEO of Kohlberg Kravis Roberts (KKR), said the investment fund is looking to expand its presence in the fields of real estate, infrastructure, digitalization, and technologies in Vietnam. According to Bae, KKR is one of the largest private equity managers in the world with assets of US$470 billion. So far, the corporation has invested over $1 billion in three companies in Vietnam. Bae said Vietnam remains an attractive investment destination with favorable … [Read more...] about The Vietnam-US comprehensive partnership facilitates investment activities: PM
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PM meets leaders of investment firm Kohlberg Kravis Roberts, Visa Group in New York
Prime Minister Phạm Minh Chính (right) had a meeting with Joseph Bae, Co-Chief Executive Officer of the private equity firm Kohlberg Kravis Roberts in New York on May 16. — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính met with leaders of global investment firm Kohlberg Kravis Roberts (KKR) and Visa Group in New York and held phone talks with the Deputy Managing Director of the International Monetary Fund (IMF) during his trip to the US. At a meeting with Joseph Bae, Co-Chief Executive Officer of KKR, on May 16 (US time), the PM asked the firm to share its experience and offer proposals to Việt Nam. Joseph Bae expressed KKR's wish to expand its operation in real estate, infrastructure, digital transformation, food, consumer goods and technology in Việt Nam, noting that the firm had invested more than US$1 billion in three Vietnamese companies. Việt Nam is an attractive market for investors with incentives rolled out by the Government, along with its … [Read more...] about PM meets leaders of investment firm Kohlberg Kravis Roberts, Visa Group in New York
Breakfast @ Tuoi Tre News – May 17
Here are today’s leading news stories: Politics -- Vietnamese State President Nguyen Xuan Phuc and his Greek counterpart Katerina Sakellaropoulou agreed on measures to promote the Vietnam-Greece relations during their talks in Hanoi on Monday, the Vietnam News Agency reported. -- Prime Minister Pham Minh Chinh received the CEO of Kohlberg Kravis Robert (KKR) investment company, president and CEO of Visa, as well as CEOs of Citigroup and Standard & Poor’s on Monday morning (local time), as part of his U.S. visit. COVID-19 Updates -- The Ministry of Health documented 1,550 COVID-19 cases on Monday, raising the national tally to 10,698,180, with 9,359,763 recoveries and 43,067 deaths. Society -- Three children aged four to six drowned after falling into a pond while playing near their homes in southern Binh Phuoc Province on Monday morning, local authorities confirmed later the same day. -- Two men aged 33 and 34 were killed after their car crashed into … [Read more...] about Breakfast @ Tuoi Tre News – May 17