PM receives IMF Managing Director, OECD Secretary-General
Prime Minister Pham Minh Chinh has suggested the International Monetary Fund (IMF) continue with policy counselling for the Vietnamese Government regarding economic management and improvement of tools and policies related to fiscal, monetary and financial restructuring.
PM Pham Minh Chinh (R) and IMF Managing Director Kristalina Georgieva (Photo: VNA)
Hiroshima (VNA) – Prime Minister Pham Minh Chinh has suggested theInternational Monetary Fund (IMF) continue with policy counselling for the VietnameseGovernment regarding economic management and improvement of tools and policiesrelated to fiscal, monetary and financial restructuring.
PM Chinh made the suggestion during a meeting with IMF Managing Director Kristalina Georgieva in Hiroshima cityon May 20 on the occasion of his attendance at the expanded Summit of the Groupof Seven (G7) countries.
The PM shared with his guest Vietnam's success in various areas,including a stable financial market and an elevated national brand worth 431 billion USD in 2022, with thecountry achieving the fastest growth worldwide in brand development in the 2020-2022 period. Vietnam also climbed 12 places in the World Happiness Report 2023.
The two sides engaged in frankdiscussions on issues of mutual interest and raised new concerns amid ongoingglobal economic challenges.
Georgieva,for her part, spoke highly of Vietnam’s socio-economic management policy and affirmed ꧋that she and the IMF strongly support and will partner with Vietnam duringits development process.
Meeting Secretary-General of the Organisation for EconomicCo-operation and Development (OECD) Mathias Cormann, PM Chinh suggested both sides continuepromoting cooperation, firstly in preparing for the Ministerial Conference of the OECD Southeast Asia Regional Programme.
He sought OECD's support for Vietnam in adapting to new areasthat require a new mindset and new approaches in the future, especially in issues such as the globalminimum corporate income tax, energy and food security, climate change,knowledge-based economy and circular economy.
The OECD Secretary-General commits to continue cooperating withVietnam, supporting its recovery and economic development, particularly inareas of Vietnam's interest such as building investment policies aligned with the globalminimum corporate income tax, green economy, circular economy. He hoped thatVietnam ജwill join in the Inclusive Forum on Carbon Mitigation Approaches (IFCMA) tocontribute to the development of a comprehensive approach to global carbonreduction at the global level./.
Foreign Minister Bui Thanh Son had a meeting with Secretary General of the Organisation for Economic Cooperation and Development (OECD) Mathias Cormann in Hanoi on October 18.
Indonesian Minister of Finance Sri Mulyani had a bilateral meeting with Secretary-General of the Organisation for Economic Cooperation and Development (OECD) Mathias Cormann on the sidelines of a G20 conference in India.
Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).
The Organisation for Economic Cooperation and Development (OECD) has forecast that Vietnam’s economy will grow firmly, with its GDP projected at 6.5% in 2023 and 6.6% next year, according to an economic survey announced at a ceremony in Hanoi on April 26.
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.
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.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
PM Pham Minh Chinh (R) and IMF Managing Director Kristalina Georgieva (Photo: VNA) 
PM Pham Minh Chinh and OECD Secretary-General Mathias Cormann (Photo: VNA) 
