Party official hails effective Vietnam-IMF cooperation

VOV.VN - Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Commission for Economic Affairs Nguyen Van Binh has praised the effective and practical cooperation between Vietnam and the International Monetary Fund (IMF) in the recent past, especially in banking-finance policy consultancy.

party official hails effective vietnam-imf cooperation hinh 0
Chairman of the CPV Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R) welcomes division chief in the IMF’s Asia and Pacific Department Alex Mourmouras (Photo: VNA)
At a reception in Hanoi on December 13 for an IMF delegation led by Alex Mourmouras, who is division chief in the IMF’s Asia and Pacific Department where he has served as mission chief for Vietnam, Singapore and Malaysia, Binh expressed Vietnam’s wish that IMF will continue its closer collaboration with the country and provide it with more assistance in training and policy consultancy.

Binh also acknowledged the outcomes of earlier working sessions between the IMF delegation and Vietnamese relevant agencies, while lauding the delegation’s assessment of Vietnam’s economic situation.

Vietnam will continue to prioritize macro-economic stabilization, inflation control, enhancement of the economy’s productivity, quality, effectiveness, self-reliance and competitiveness with a focus on improving the investment-business environment, stimulating economic growth and restructuring the economy in tandem with renovating its growth model, Binh told his guest.

For his part, Mourmouras was appreciative of Vietnam’s impressive growth in 2018 and congratulated the country on successfully maintaining macro-economic stability, keeping inflation in check, stabilizing the exchange rate and ameliorating the business environment.

Regarding impacts from global trade disputes and the world’s economic prospects, the IMF official extolled the Vietnamese Party and State’s policy on stabilizing macro-economy and renewing growth model, especially the country’s priorities and socio-economic targets for the time to come.

He also assured the IMF’s continued cooperation with and assistance for Vietnam’s development process.