PM Meets UN & UNICEF leaders, Visits New York Stock Exchange

Prime Minister Pham Minh Chinh who is in New York for a week-long working trip to the US and UN, and called at the New York Stock Exchange (NYSE) on May 16 (local time).
May 18, 2022 | 16:04

Vietnamese Prime Minister Pham Minh Chinh held working sessions with the New York Stock Exchange (NYSE), with the UNICEF Executive Director and the deputy secretary-general of the United Nations as part of his trip to the US on on May 16 (local time).

PM visits the largest stock exchange in the world

PM Meets UN & UNICEF leaders, Visits New York Stock Exchange
PM Pham Minh Chinh at the New York Stock Exchange. Photo: VNA

PM Chinh witnessed the awarding ceremony of two cooperation documents in the fields of finance, banking and investment funds between Vietnamese and US partners, including a cooperation document between Vietnam’s State Securities Commission and the NYSE regarding the support to upgrade Vietnam’s stock market and build a mechanism for investors to participate in the two stock markets.

The same day, the Vietnamese Government leader had a roundtable with CEOs from world-leading firms and investment funds listed on the NYSE.

Mr. Chinh also attended a roundtable discussion with executives of several listed firms.

The PM informed the company executives of the implementation of the recovery package worth 4 percent of the national GDP, with focus priorities being the reopening of the economy in association with raising healthcare capacity and pandemic response, ensuring social welfare and creating jobs, support for businesses, investing into infrastructures, and improving institutions and business environment.

The company appreciated the Vietnamese Government’s efforts to collect input and feedback from businesses in the development of legal documents and policies and wanted to inquire more about what the companies could do to assist the Government.

During the visit, Prime Minister Chinh wrote in the guest book, expressing his pleasure to visit the largest stock exchange in the world in terms of market capitalization, and that he hope the NYSE will share its experience to help develop the Vietnamese stock market in an effective and sustainable manner toward building a financial center in the region.

Vietnam supports UNICEF's goals to protect, promote children's rights

PM Meets UN & UNICEF leaders, Visits New York Stock Exchange
PM Pham Minh Chinh (left) and UNICEF Executive Director Catherine Russel. Photo: VGP

Vietnam cherished the cooperation with United Nations Children’s Fund in the past 40 years and its contributions to the global efforts in protecting and caring for children, said Prime Minister Pham Minh Chinh on the meeting with UNICEF Executive Director Catherine Russel in New York on the same day.

The Vietnamese Government leader highly valued the major cooperation agendas in the Vietnam-UNICEF cooperation plan 2022-26, saying that they are in line with the Government’s priorities – especially in issues such as climate change, disease response, gender equality, children’s protection.

He said Vietnam is providing 100,000 USD to UNICEF as part of the humanitarian assistance worth 500,000 USD to Ukraine.

Catherine Russell expressed her delight at the close and effective cooperation between UNICEF and Vietnam over the past four decades, and spoke highly of Vietnam’s socio-economic achievements and realisation of the sustainable development goals in the challenging context of the COVID-19 pandemic.

The UNICEF chief especially welcomed and highly valued Vietnam's cross-cutting guidelines and policies on the care and protection of children's rights in national programmes and action plans, including items like educational rights and welfare of children in mountainous, remote and isolated areas, and improving the nutrition for children.

She affirmed that UNICEF will continue to actively implement the Vietnam-UNICEF 2022-26 Country Programme to meet the country’s priorities. UNICEF will accompany the organisations in the COVAX initiative to continue to support Vietnam in responding to the COVID-19, especially in the supply of vaccines and domestic production of vaccines, contributing to the protection and bringing a better life to Vietnamese people, especially children, against the pandemic.

Vietnam determines to play more active role at UN

PM Meets UN & UNICEF leaders, Visits New York Stock Exchange
PM Pham Minh Chinh and UN Deputy Secretary-General Amina J. Mohammed (right). Photo: VNA

On the same day, at a meeting with UN Deputy Secretary-General Amina J. Mohammed in New York, the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s UN membership.

Appreciating the UN’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other UN leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides.

Chinh reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the UN Charter, as well as the country’s support for the UN’s central role in the global administration system, saying it needs global, all-people, and comprehensive approaches to tackle common challenges like epidemics and climate change.

Vietnam backs enhancing relations between the UN, parliaments of its member countries and the Inter-Parliamentary Union to make use of the support from legislative channels for the UN agenda, he continued.

The PM said Vietnam is working hard to achieve the target of becoming an industrialized country with high income by 2045, and the country hopes for more companionship and support from the UN, including in the implementation of the national digital transformation program by 2025, with a vision towards 2030.

The UN official said she was impressed by Vietnam’s socio-economic achievements, its policies and efforts to safely and flexibly adapt to the COVID-19, and effectively control the pandemic.

Amina also commended Vietnam’s active and responsible contributions to the UN, especially in the country’s performance as a non-permanent member of the UN Security Council for 2020-2021.

She praised Vietnam for its strong support for multilateralism, peace and reform at the UN, its responsible participation in UN peacekeeping operations, implementation of SDGs and materialisation of climate commitments, especially its pledge at the COP26. She stressed that the UN will pay more attention to Vietnam’s development priorities.

The official shared Vietnam’s viewpoints in many regional and international issues, including one on the East Sea, and expressed her hope that the ASEAN-UN relationship will be strengthened for peace, security and prosperity in the region and the world.

Amina also expressed her belief that Vietnam will carry forward its role in addressing global issues.

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