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Finance Minister meets Malaysian, US officials in Malaysia

Finance Minister Dinh Tien Dung had bilateral meetings with Malaysian and US financial officials on March 20 in Kuala Lumpur, Malaysia where he attended a retreat session of the 19th ASEAN Finance Ministers’ Meeting (AFMM).
Finance Minister Dinh Tien Dung had bilateral meetings with Malaysianand US financial officials on March 20 in Kuala Lumpur, Malaysia wherehe attended a retreat session of the 19th ASEAN Finance Ministers’Meeting (AFMM).

Meeting Malaysia Second Finance MinisterAhmad Husni Mohamad Hanadzlah, Dung said Vietnam is carrying out aloosened monetary policy with an aim to boost economic growth, withinterest rate maintained at a low and stable level.

Henoted that this year, Vietnam will continue speeding up the reformsof public investment and State-owned enterprises (SOEs), includingcommercial banks, focusing on equitising and withdrawing SOEs’investments from non-core operations.

The Malaysianminister said the two countries share the same view on many issues,including negotiations for a Trans-Pacific Partnership.

Hesaid he hopes Vietnam will soon join the linkage of stock exchangesto promote cross-border transactions in the capital market.

The two sides also agreed to strengthen investment cooperation in the coming time.

Meanwhile, US Assistant Secretary of Treasury for International FinanceRamin Toloui spoke highly of economic attainments of Vietnam in2014, declaring that the country’s institutional reform and investmentattraction policy lay a firm foundation for economic growth and export.

Toloui said he hopes Vietnam will continue renovating the financial sector and SOEs.

Both sides pledged to continue efforts to conclude Trans-Pacific Partnership negotiations as soon as possible.

The 19th AFMM is scheduled to open on March 21. Malaysia is alsohosting the first ASEAN Finance Ministers and Central Bank Governors’Joint Meeting.-VNA

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