Vietnam wishes for IMF’s more macro-economic policy consultations

He told IMF Resident Representative in Vietnam Jonathan Dunn in Hanoi on August 30 that he appreciated the fund’s effective and pragmatic support for macro-economic stabilisation and socio-economic development in Vietnam, particularly in financial and banking reform, public debt management and State-owned enterprise restructuring.

Since early this year, Vietnam has suffered from severe natural disasters that have seriously affected the country’s agriculture, the PM said, noting difficulties caused by the global economic uncertainties.

However, he stated the country has consistently pursued its goal of stabilising the macro-economy and forex rate, and ensuring sustainable growth.

The Vietnamese Government pledged to improve its investment and business climate to create the best possible conditions for investors in the country, he said, stressing that Vietnam will pair economic development with environmental protection.

For his part, Jonathan Dunn hailed the Vietnamese Government’s efforts in keeping the macro-economy and forex rate stable and restructuring State-owned enterprises, especially its support for small-and medium-sized enterprises and the private economic sector.

The IMF will closely partner with competent Vietnamese agencies to give advice on macro-economic policy, helping guide the local economic development on the right track, he promised.