Vietnam and Russia seek ways to settle currency exchange



Ha Noi, Feb. 18 (VNA) -- Officials from Viet Nam and Russia's central banks are discussing in Ha Noi ways to remove difficulties in foreign exchange management policy, exchange rates, international payment, and opening of L/C for deferred payment relating to import-export operations by the two countries businesses.

The Russian officials, headed by a Deputy Governor of the Central Bank, are on a working visit to Viet Nam from Feb. 16-23, say sources from the International Relations Department of the State Bank of Viet Nam.

Viet Nam and Russia central bank's officials will have working sessions with Viet Nam's four State-owned commercial banks and import-export businesses of Viet Nam and Russia.

They will also discuss cooperation in controlling banking operations and illegal activities relating to foreign exchange.--VNA