Deputy Managing Director of the International Monetary Fund (IMF) Kenji Okamura was quoted by the Government News as pledging that IMF will help Vietnam mobilize external resources for large-scale programs and projects.
The pledge was made during a reception hosted by Prime Minister Pham Minh Chinh for Mr. Okamura in Hanoi on September 18.
At the reception, Prime Minister Chinh stressed that Vietnam identifies internal resources as fundamental, long-term, and decisive, while the mobilization of external resources is important and groundbreaking. This includes attracting direct and indirect investment, mobilizing support for technological cooperation, advancing institutional reform, developing human resources, and promoting smart governance.
Appreciating the increasingly close and substantive cooperation between Vietnam and IMF, the Prime Minister affirmed that Vietnam always values the fund's active and effective support throughout the process of innovation, opening up, and international integration.
He said this support has made important contributions to consolidating macroeconomic stability, controlling inflation, promoting growth, and enhancing macroeconomic management and governance capacity.
On this occasion, the Prime Minister suggested that IMF continue providing policy advice and risk warnings for Vietnam; strengthen cooperation, technical assistance, and human resources training; implement programs to help Vietnam adapt to new global economic conditions; and use its voice to encourage investors and donors to expand cooperation with the country.
Mr. Okamura, for his part, expressed his admiration for Vietnam's remarkable development, particularly in the economic field over recent years. He stated that his visit to Vietnam aims to learn more from the country's development path while further promoting the long-standing relationship through specific, practical, and effective activities and projects.
He reiterated that IMF stands ready to support Vietnam in mobilizing external resources for major programs and projects.