Lao, Vietnamese central banks ink MOU on information exchange

BOL Governor Sonexay Sitphaxay and SBV Governor Nguyen Thi Hong display the signed agreements in Hanoi recently. - VT

VIENTIANE (Vientiane Times/Asia News Network): The governors of the Bank of the Lao PDR (BOL) and the State Bank of Vietnam (SBV) recently signed a Memorandum of Understanding (MOU) on Cooperation and Exchange of Information in Banking Supervision.

The agreement was signed during an official visit to Vietnam by Lao Prime Minister Phankham from Jan 8-10 in response to an invitation from Vietnamese premier Phạm Minh Chinh.