Vietnam wants more support from IMF: Party official
Vietnam hoped that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, a senior Party official has said.
Nguyen Van Binh (R), Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Economic Commission, and Alex Mourmouras, division chief in the IMF’s Asia and Pacific Department (Photo: VNA)
Hanoi (VNA) - Vietnam hoped that theInternational Monetary Fund (IMF) will continue cooperating closely with thecountry and provide it with more assistance, training and policy consultancy, asenior Party official has said.
Nguyen Van Binh, Politburo member and Chairman of theCommunist Party of Vietnam Central Committee’s Economic Commission, made thestatement during a reception in Hanoi on April 18 for an IMF delegation led byAlex Mourmouras, who is division chief in the IMF’s Asia and Pacific Departmentwhere he has served as mission chief for Vietnam, Singapore and Malaysia.
While acknowledging the outcomes of earlier working sessionsbetween the IMF delegation and relevant ministries and agencies of Vietnam,Binh spoke highly of the effective and practical cooperation between Vietnamand the IMF in the recent past, especially in banking-finance policyconsultancy.
The Party official said Vietnam will continue to prioritisestabilising macro-economy, curbing inflation, enhancing the economy’sproductivity, quality, effectiveness, self-reliance and competitiveness,improving the investment-business environment, boosting economic growth andrestructuring the economy in combination with renovating its growth model.
Mourmouras briefed his host on the results of workingsessions between the IMF delegation and relevant ministries and agencies ofVietnam.
He expressed his delight at Vietnam’s economic achievements in2018 and the first months of 2019, saying the country has reaped steady growthin almost all spheres while its position has been strengthened on theinternational arena despite uncertainties, risks and trade disputes in theworld.
The IMF official commended the Vietnamese Party and State’spolicy on stabilising macro-economy and renewing growth model, especially thenation’s priorities and socio-economic targets for the coming time.
The IMF will continue to cooperate with and assist Vietnam inthe development process, he promised.-VNA
Vietnam expects that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, said a senior Party official.
Prime Minister Nguyen Xuan Phuc hosted a reception for chief representative of the International Monetary Fund (IMF) in Vietnam Jonathan Dunn in Hanoi on February 13.
The Vietnamese Government hopes to receive consultancy from the International Monetary Fund (IMF) to better its security market, price regulation and macro-economic policies, Deputy Prime Minister Vuong Dinh Hue has said.
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Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
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Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
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The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
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Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Nguyen Van Binh (R), Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Economic Commission, and Alex Mourmouras, division chief in the IMF’s Asia and Pacific Department (Photo: VNA) 
