(VOVworld) - Prime Minister Nguyen Xuan Phuc has lauded Sumitomo Mitsui Banking Corporation’s funding to Vietnamese key projects.

PM Nguyen Xuan Phuc (R) and Sumitomo Mitsui Banking Corporation’s (SMBC) managing director for Asia Pacific Shosuke Mori. (Photo: VNA)

At a reception in Hanoi on Wednesday for Shosuke Mori, the bank’s managing director for Asia Pacific, Mr. Phuc said Vietnam has always created the best possible conditions for foreign investors. He said he hopes the bank will continue its business expansion in Vietnam.   

Shousuke Mori congratulated Mr. Nguyen Xuan Phuc on his appointment as Vietnam’s Prime Minister and said the bank will continue to invest in Vietnam, to boost the strategic partnership and friendship between the two nations.

SMBC has branches in Hanoi and Ho Chi Minh City, with 500 million USD in capital.