Vietnams economy will grow 6% - 8%
Date: 3/23/2010 2:34:08 PM
On March 22th, International conference "Growth and poverty reduction in Asian developing countries after crisis" by the State Bank of Vietnam and the International Monetary Fund (IMF) was held in Hanoi. Attending the seminar there were over 140 senior delegates from 16 countries in Asia and Africa, representatives of international bilateral and multilateral organizations.
Speaking at the conference, the State Bank Governor Nguyen Van Giau said that to ensure sustainable economic growth in the long term, policy makers in Asia have to quickly identify patterns and solutions for developing the economy - social conformity in the new situation, focusing on macroeconomic stability, structural innovation, investment, infrastructure and ensure social security.
Speaking immediately after the conference ended, Mr. John Lipsky, First Deputy General Director of the IMF said that Asia is a dynamic economic region in the world. The developing countries like Vietnam have exceeded the crisis and if there is good policy, in the next stage they will achieve higher growth.
Mr. Anoop Singh, Director of the Asia - Pacific IMF predicts Vietnams growth this year will come back at 6% and it is good condition to reduce the budget deficit: "With its development as at present, Vietnams economic growth could reach up to 8%.We hope that the plan for economic - social development five years ahead of Vietnam will set the foundation for this goal.
(Source:sggp.org.vn)