Vietnam determined to accelerate economic restructuring
The Party and Government of Vietnam consistently pursues the goal of stabilising macro-economy, with a focus on growth quality, and accelerating economic restructuring, especially bad debts and the banking system, head of the Party Central Committee’s Economic Commission Nguyen Van Binh said.
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| At the reception (Photo: VNA) |
During a reception in Hanoi on November 4 for a delegation of the International Monetary Fund (IMF) led by Alex Moumoura, Binh spoke highly of the IMF’s active support to Vietnam over the past years, especially in policy consultation which has proved to be effective.
He gave his opinions on the delegation’s suggestions to restructure the banking system and speed up the reform of State-owned enterprises.
On the occasion, he also informed his guest of the outcomes of the 12th National Party Congress’s fourth plenum, particularly several major policies to renew the growth model, improve labour output and economic competitiveness.
Moumoura, for his part, briefed the host on the IMF’s forecast of Vietnam’s macro-economic, fiscal, monetary-banking prospects and several recommendations on the reform of public finance, commercial banks and State-owned enterprises.
Expressing his pleasure with the Vietnamese Party and State’s priorities for the future, he affirmed that IMF will continue working closely with Vietnam.
(Source: NDO)
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