Friday, December 14, 2007

Vietnamese and Cambodian state banks push for closer ties [- A one-sided cooperation to VN's advantage?]

December 13, 2007
VNA (Hanoi)

The State Banks of Vietnam and Cambodia have agreed to ratchet up their co-operation to better serve a wide range of banking activities between the two countries.

The agreement was made during a four-day visit to Cambodia by Governor of the State Bank of Vietnam Nguyen Van Giau, which began on December 9.

The two banks signed a memorandum of understanding on accelerating cross-border payments to facilitate import-export activities between the two countries. The State Bank of Vietnam pledged to provide expertise training for the Cambodian State Bank’s staff while the State Bank of Cambodia promised to create favourable conditions for Vietnamese banks to open branches in Cambodia.

During the visit, Governor Giau and his entourage were received by Deputy Prime Minister Sok An, who expressed his backing of the two state banks’ agreements.

He also affirmed his support for the State Bank of Vietnam’s intention of opening branches in Cambodia and asked relevant agencies from the two countries to finalise procedures for the work.

10 comments:

Anonymous said...

Why state bank instead of improving health care that is the most urgent need for for the middle classe and low income people?

Anonymous said...

Who want to be seen by Ah Katop? leave us poor alone, fool!

Go youself and say hello to Chansy ghost for us!

Middle classe (if any) and verry verry low income Cambodian.

Anonymous said...

If the Vietcong government can hijack Cambodian banking system and they can control Cambodian sovereignty! Guess whose face is printing on Cambodian riel? Ahhahah

This is too easy for AH HUN SEN officials to agree everything with the Vietcong government and there must be a catch unless AH HUN SEN fail to read the fine print!

Since the Vietcong government has more experience in the banking business and they can manipulate their banking policy to their advantage such as rising fee for wide range of services and interest rate!

Cambodian population fail to understand that in doing any transaction with the Vietcong bank and they have to disclose many personal information and the Vietcong agents are not afraid to use those information to hunt them down!

I don't want to contemplate that one day the Vietcong government will control the money supply in Cambodia which will affect Cambodian economy in many unforeseen ways!

Banking Business is national security issue!

Anonymous said...

Oh give it a rest, will ya, 12:37? Who the hell care who face is printed on the currency? We got more serious problem than that, and that is jobs, jobs, and jobs.

Anonymous said...

To 1:30AM! Bonehead!

You mean your double digits economic growth fails to create jobs? How do you define such economic growth? Your economic growth must be on steroid! Ahahahahhahahah

Anonymous said...

Nope, if create job fine, it is just that it will take time before it created job that exceeded the population growth. Keep in mind that this is not an easy race for us. That is we much maintained high growth that exceeded the population growth for this to work.

Anonymous said...

correction:

Nope, we created job fine, it is just that it will take time before it created job that exceeded the population growth. Keep in mind that this is not an easy race for us. That is we much maintained high growth that exceeded the population growth for this to work.

Anonymous said...

Oh Yeah, what job?
The Vietnameses are only good at one thing and one thing only:

THE VIETNAMESE ARE ALL PROSTITUTE.
ASK THE AMERICANS, ASK THE FRENCH.

ASK THE WORLD.

Anonymous said...

Nope, the Vietnameses are not going to create Prostitution job in Cambodia.

Nope, Nope, Nope!

Go home the Vietcong!
Go home Viet bitch!
farting ...troooooooot! troooooot!

Anonymous said...

They want to steal all our money again.
They want to push Cambodia to the year zero again if we have any problem with the vietcong.