The statement was made by Vietnamese Ambassador to Mozambique Tran Thi Thu Thin during a meeting with Rogério Lucas Zandamela, Governor of the Central Bank of Mozambique, on May 29.
Governor Zandamela warmly welcomed Ambassador Tran Thi Thu Thin on her official posting to Mozambique, especially as the two countries approach the 50th anniversary of the establishment of diplomatic relations (June 25, 1975 – 2025). He wished the ambassador a successful term that would positively contribute to the development of bilateral ties.
Providing an overview of Mozambique’s recent economic, financial, and monetary situation, Governor Zandamela noted that despite facing challenges from the COVID-19 pandemic, climate change, and political and security instability following the recent general elections, the government of Mozambique — especially the central bank — has taken swift, flexible, and decisive measures to improve foreign currency liquidity and stabilise macro-financial conditions, resulting in tangible and positive changes for the Mozambican people.
Ambassador Tran Thi Thu Thin, in turn, shared updates on Viet Nam’s recent socio-economic situation, highlighting key financial and monetary policies. She noted that Viet Nam’s prudent and flexible monetary policy has significantly contributed to the country's positive economic outcomes, including keeping inflation under 4.5% and achieving a GDP growth rate of 7.08% in 2024.
Reviewing the achievements of Viet Nam–Mozambique cooperation in recent years, the Ambassador reaffirmed Viet Nam’s desire to further strengthen economic, trade, and investment ties with Mozambique. She emphasised the important role of the financial and banking sectors in building a solid platform for bilateral trade.
On the occasion, Ambassador Tran Thi Thu Thin called on the central bank of Mozambique to continue supporting Vietnamese businesses investing and operating in Mozambique.
The ambassador affirmed: “The Vietnamese Embassy stands ready to serve as a bridge connecting the Bank of Mozambique with the State Bank of Viet Nam, as well as financial, credit, and banking institutions in both countries to facilitate experience-sharing and foster cooperation.”
