IMF vows to help Vietnam gain macro-economic stability
(VOVworld)- The International Monetary Fund (IMF) wishes to work with Vietnam in its strongest fields, and pledges to provide addition technical assistance to help the country reach macro-economic stability.
President Truong Tan Sang and IMF Managing Director Christine Lagarde (Source: VNA) |
At her meeting with President Truong Tan Sang in Hanoi on Wednesday, IMF Managing Director Christine Lagarde said that along with support from international organisations, including the IMF, the sound development policy and internal strength of Vietnam are decisive factors for the country’s achievements in poverty reduction, curbing inflation and primary education universalisation. President Truong Tan Sang said Vietnam hoped to receive further IMF recommendations and assistance to help it find more preferential loans and serve its sustainable economic growth.
Prime Minister Nguyen Tan Dung and IMF General Director Christine Lagarde (Source: VNA) |
At a meeting with the IMF Chief the same day, Prime Minister Nguyen Tan Dung said Vietnam is speeding up reform, improving national governance capabilities and upholding democracy and will continue stabilising the macro-economy and aim to achieve 7 percent growth in the next five years. Dung said he hoped the IMF will continue supporting Vietnam in forecasting macro-economic development trends, thereby raising the country’s stature on the international scene. Lagarde said the IMF is targeting technical and educational support to Vietnam. She suggested Vietnam continue improving labour productivity and business competitiveness, and vowed that the IMF is ready to help Vietnam fulfill its development goals.