Vietnam is one of the best performing economies in Asia-Pacific: IMF official
(VOVWORLD) - Vietnam is one of the best performing economies in Asia-Pacific that will continue maintaining growth momentum with proper fiscal, monetary and public investment policies, said Deputy Managing Director of the International Monetary Fund (IMF) in charge of the Asia-Pacific Antoinette Sayeh.
Prime Minister Pham Minh Chinh (R) receives IMF Deputy Managing Director for Asia-Pacific Antoinette Sayeh on January 10, 2023 (Photo: VNA) |
At a meeting with Prime Minister Pham Minh Chinh in Hanoi on Tuesday, Antoinette Sayeh said the IMF will acknowledge and share Vietnam’s development experience with other countries, as well as strive to provide technical support and consultancy for the nation to bring into full play its past achievements, including in meeting its net zero emission goal by 2050.
PM Chinh said the Vietnamese economy grew by 8.02% last year despite difficulties at home and abroad. The economic size was worth about 409 billion USD while the average GDP per capita hit 4,110 USD.
This year, the Vietnamese Government will take synchronous measures to maintain macro-economic stability, control inflation and propel growth, he said, adding that focus will be placed on developing infrastructure, digital transformation, energy transition and circular economy, and diversifying markets and supply chains.
Vietnam is ready to discuss and listen to recommendations and advices from international organisations like the IMF, he stressed.
The PM said Vietnam is fine-tuning legal system to develop renewable energy industry on the back of support from foreign countries and financial institutions in terms of technology, capital, governance and human resources.
He wished ties between Vietnam and the IMF to become a fine example for other countries to follow in the near future.