Head of the Party Central Committee’s Commission for Economic Affairs (R) and his guest (Photo: VNA)
Hanoi (VNA) – Visiting experts from thꦚe International Monetary Fund (IMF) affirmed their fund’s further collaboration with Vietnam in the coming time during their meeting with Nguyen Van Binh, head of the 🧸Party Central Committee’s Commission for Economic Affairs, in Hanoi on April 21.
At the reception, Binh spoke highly of the practical and efficient cooperation between Vietnam and the IMF, especially in policy consultation for banking and finance.
He briefed the guests about Vietnam’s socio-economic development directions and tasks for 2016-2020 adopted at the 12 th National Party Congress.
He also clarified the country’s challenges while highlighting its priorities on completing institutions, stabilising the macro economy, controlling the inflation rate, renovating the fiscal policy to reduce overspending and tackle public debt, developing financial markets as well as restructuring financial institutions and state-owned enterprises.
Meanwhile, John Nelmes, who led the IMF expert delegation, hailed Vietnamese economic improvements, particularly in monetary policy management, exchange rate monitoring and the shake-up of the banking system in the past year.
He added that the moves help ensure macroeconomic stability, maintain a rational growth rate and assure essential social requirements.
The IMF experts agreed with the key missions in Vietnam’s reform process, especially in renovating the fiscal policy, and revamping the banking system and enterprise restructuring.-VNA
The recent inclusion of the Chinese yuan (CNY) to the reserve currency basket of the International Monetary Fund (IMF) will not have any significant impacts on Vietnam’s economy, experts said.
The International Monetary Fund (IMF) wishes to work with Vietnam in its strongest fields, and pledges to provide addition technical assistance to help the country reach macro-economic stability.
Vietnam is speeding up reform, improving national governance capabilities and upholding democracy, Prime Minister Nguyen Tan Dung assured General Director of the International Monetary Fund (IMF).
Vietnam hopes for continued support from the International Monetary Fund (IMF), Party General Secretary Nguyen Phu Trong said during a reception for the fund’s Managing Director Christine Lagarde.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Head of the Party Central Committee’s Commission for Economic Affairs (R) and his guest (Photo: VNA)
