Prime Minister Pham Minh Chinh has called on the International Monetary Fund (IMF) to enhance policy dialogue with Vietnam, provide timely global and regional economic forecasts, and expand technical assistance.
Receiving an IMF delegation in Hanoi on March 27, he also urged the fund to support Vietnam in strengthening institutional capacity, modernising monetary and macroprudential frameworks, developing capital markets, and improving statistical and forecasting capabilities. He highlighted the need for structural reforms to boost productivity.
The delegation was led by Mr. Martin Sommer, head of the IMF’s Article IV consultation mission to Vietnam.
Mr. Sommer recommended that Vietnam continue maintaining macroeconomic stability, controlling inflation, and ensuring financial and energy security. He also stressed prudent management of public and external debt, effective coordination of fiscal and monetary policies, and efforts to diversify development resources.
He further underscored the importance of addressing economic bottlenecks and reforming administrative procedures to enhance resilience to external shocks.
Mr. Sommer praised Vietnam’s policy management amid global uncertainties and commended its effective cooperation with the IMF, noting that the country is among the most efficient users of IMF support in applying policy advice to achieve sustainable growth.
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