Wednesday, 02/07/2008 16:33

ADB President appreciates Vietnam’s efforts

Asian Development Bank (ADB) President Haruhiko Kuroda said Vietnam has been on the right track of implementing drastic measures to curb inflation and stabilise the macro economy.

The country’s experiences should be applied in other countries, he added.

He was speaking at a press briefing following t he Global Meeting of the Emerging Markets Forum 2008 that ended in Hanoi on July 1.

During three days discussing challenges faced by rising economies and solutions amid world economic instability, delegates stressed that emerging economies, to overcome the current difficulties and improve their roles in the world economy, need to increase the sharing of experiences in developing financial markets, narrowing the income gap and reducing impacts of climate change.

The participants, including p olicymakers, scholars and CEOs from major groups, recommended emerging markets, including Vietnam , to closely monitor outside changes in order to work out flexible and suitable development policies to ensure stable growth.

Emerging economies were also advised to support small- and medium-sized enterprises, thereby improving economic efficiency and increasing incomes for workers, they said.

VNA

Other News

>   VN’s price management policies different from other countries: Deputy Minister (02/07/2008)

>   Standard Chartered bank inaugurates retail branch in Hanoi (01/07/2008)

>   Demand outstrips supply for five-year bonds (01/07/2008)

>   SBV’s decision cools foreign currency market down (30/06/2008)

>   SBV to set up legal framework for gold trading floors (30/06/2008)

>   VND deposit interest rate hits new peak at 20% per annum (30/06/2008)

>   Hiccup upsets HCMC gold exchange again (30/06/2008)

>   Vietnam sells 2 bln dong govt bond at auction (30/06/2008)

>   BankInvest to invest in local shampoo maker (28/06/2008)

>   Learning to swim in a fast-flowing river (28/06/2008)

Online Services
iDragon
Place Order

Là giải pháp giao dịch chứng khoán với nhiều tính năng ưu việt và tinh xảo trên nền công nghệ kỹ thuật cao; giao diện thân thiện, dễ sử dụng trên các thiết bị có kết nối Internet...
User manual
Updated version