Vietnam wants more support from IMF: Party official
Vietnam hoped that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, a senior Party official has said.
Nguyen Van Binh (R), Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Economic Commission, and Alex Mourmouras, division chief in the IMF’s Asia and Pacific Department (Photo: VNA)
Hanoi (VNA) - Vietnam hoped that theInternational Monetary Fund (IMF) will continue cooperating closely with thecountry and provide it with more assistance, training and policy consultancy, asenior Party official has said.
Nguyen Van Binh, Politburo member and Chairman of theCommunist Party of Vietnam Central Committee’s Economic Commission, made thestatement during a reception in Hanoi on April 18 for an IMF delegation led byAlex Mourmouras, who is division chief in the IMF’s Asia and Pacific Departmentwhere he has served as mission chief for Vietnam, Singapore and Malaysia.
While acknowledging the outcomes of earlier working sessionsbetween the IMF delegation and relevant ministries and agencies of Vietnam,Binh spoke highly of the effective and practical cooperation between Vietnamand the IMF in the recent past, especially in banking-finance policyconsultancy.
The Party official said Vietnam will continue to prioritisestabilising macro-economy, curbing inflation, enhancing the economy’sproductivity, quality, effectiveness, self-reliance and competitiveness,improving the investment-business environment, boosting economic growth andrestructuring the economy in combination with renovating its growth model.
Mourmouras briefed his host on the results of workingsessions between the IMF delegation and relevant ministries and agencies ofVietnam.
He expressed his delight at Vietnam’s economic achievements in2018 and the first months of 2019, saying the country has reaped steady growthin almost all spheres while its position has been strengthened on theinternational arena despite uncertainties, risks and trade disputes in theworld.
The IMF official commended the Vietnamese Party and State’spolicy on stabilising macro-economy and renewing growth model, especially thenation’s priorities and socio-economic targets for the coming time.
The IMF will continue to cooperate with and assist Vietnam inthe development process, he promised.-VNA
Vietnam expects that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, said a senior Party official.
Prime Minister Nguyen Xuan Phuc hosted a reception for chief representative of the International Monetary Fund (IMF) in Vietnam Jonathan Dunn in Hanoi on February 13.
The Vietnamese Government hopes to receive consultancy from the International Monetary Fund (IMF) to better its security market, price regulation and macro-economic policies, Deputy Prime Minister Vuong Dinh Hue has said.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Nguyen Van Binh (R), Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Economic Commission, and Alex Mourmouras, division chief in the IMF’s Asia and Pacific Department (Photo: VNA) 
