22-9-2023 (NEW YORK) Prime Minister Pham Minh Chinh had the distinct honor of ringing the opening bell at the New York Stock Exchange (NYSE) during his six-day visit to the United States. The invitation to the world’s largest stock exchange signified a gesture of goodwill and a desire for increased collaboration between Vietnam and the financial powerhouse.
Upon welcoming the Vietnamese Prime Minister, NYSE Vice President John Tuttle expressed a commitment to assisting Vietnamese businesses in gaining listings on the NYSE and exploring opportunities for cross-listing on each other’s markets.
After engaging in discussions with NYSE executives and leaving a comment in the guestbook, Prime Minister Chinh took to the podium and rang the bell, symbolizing the commencement of trading at 9:30 a.m.
In his remarks, he expressed gratitude for the invitation, reflecting on his previous experience at the NYSE when he rang the closing bell during a visit in May of the previous year. He also acknowledged the NYSE’s remarkable market capitalization, which stands at an impressive $40 trillion.
Prime Minister Chinh used the occasion to call on the NYSE to inform investors about the favorable investment and business climate in Vietnam. He emphasized the “warm” political relationship between Vietnam and the United States, particularly following the upgrade of their relationship to a comprehensive strategic partnership during President Joe Biden’s visit to Vietnam on September 10-11.
Furthermore, Prime Minister Chinh encouraged the NYSE to facilitate connections between the Vietnamese stock market and leading global stock exchanges. He also requested technical support and human resource training to strengthen Vietnam’s financial sector.
Prime Minister Chinh’s visit to the United States, which commenced on September 17, included stops in San Francisco and Washington before concluding in New York.
