Party official: Vietnam expects more assistance from IMF
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.
Chairman of the Communist Party of Vietnam Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R) and division chief in the IMF’s Asia and Pacific Department Alex Mourmouras (Photo: VNA)
Hanoi (VNA) - Vietnam expects that the InternationalMonetary Fund (IMF) will continue cooperating closely with the country andprovide it with more assistance, training and policy consultancy, said a seniorParty official.
Nguyen Van Binh, Politburo member and Chairman of the Communist Party ofVietnam Central Committee’s Commission for Economic Affairs, expressed the wishduring a reception in Hanoi on December 13 for an IMF delegation led by AlexMourmouras, who is division chief in the IMF’s Asia and Pacific Departmentwhere he has served as mission chief for Vietnam, Singapore and Malaysia.
Whileacknowledging the outcomes of earlier working sessions between the IMF delegationand relevant ministries and agencies of Vietnam, Binh spoke highly of theeffective and practical cooperation between Vietnam and the IMF in the recentpast, especially in banking-finance policy consultancy.
Havingapplauded the delegation’s assessment of Vietnam’s economic situation, he saidVietnam will continue to prioritise stabilising macro-economy, curbinginflation, enhancing the economy’s productivity, quality, effectiveness, self-relianceand competitiveness, improving the investment-business environment, boostingeconomic growth and restructuring the economy in combination with renovating itsgrowth model.
Mourmouras highly evaluated Vietnam’s impressive growth in 2018 and congratulatedthe country on successfully maintaining macro-economic stability, controllinginflation, stabilising the exchange rate and bettering the business environment.
Exchanging views on impacts from global trade disputes and the world’seconomic prospects, 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 in thedevelopment process, he affirmed.-VNA
The Vietnamese Government appreciates consultations of the World Bank (WB) and the International Monetary Fund (IMF) on the management of the macro-economic policy in Vietnam, helping the country maintain macro-economic stability and low inflation rate, Prime Minister Nguyen Xuan Phuc said.
A training conference on Public Investment Management Assessment (PIMA), which was developed by the International Monetary Fund (IMF), took place in Hanoi on June 26.
The World Bank (WB) will continue to help Vietnam achieve its development goals, WB Chief Executive Officer Kristalina Georgieva told Vietnamese Deputy Prime Minister Vuong Dinh Hue during their meeting in Washington on June 26.
The International Monetary Fund (IMF) hopes it would support Vietnam to become a country with higher average income and even high income in the next decade, said Changyong Rhee, Director of the IMF’s Asia and Pacific Department.
Prime Minister Nguyen Xuan Phuc met with Managing Director of the International Monetary Fund (IMF) Christine Lagarde in Bali, Indonesia, on October 12.
Vietnam is deeply concerned about the escalating and complex conflict in the Middle East, which poses a serious threat to the lives and safety of civilians, as well as to regional and global peace and stability.
The Vietnamese Embassy advises the Vietnamese community living, studying, and working in Israel to strictly comply with directions from the Home Front Command and local authorities.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
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.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
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.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
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.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Chairman of the Communist Party of Vietnam Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R) and division chief in the IMF’s Asia and Pacific Department Alex Mourmouras (Photo: VNA) 
