Sunday, 04/12/2011 11:48

WB continues giving priority to Vietnam

World Bank's Managing Director Sri Mulyani Indrawati

The World Bank will continue giving priority to Vietnam ’s socio-economic development targets, said the bank’s Managing Director Sri Mulyani Indrawati.

At a press conference in Hanoi on Dec. 3, the visiting managing director affirmed the WB’s help to Vietnam to implement policies to narrow gap and support the Vietnamese Government’s policies in restructuring of State-owned enterprises, policy consultancy, resources, finance and technology in economic development.

She spoke highly of the country’s socio-economic development achievements amidst the global financial crisis and down-turn and acknowledged Vietnam ’s efforts in implementing efficiently Resolution 11 to maintain the macro-economic stability, curbing inflation and ensuring social security.

Vietnam has become a middle-income country, the WB official said, adding that this is an opportunity for Vietnam to access different financial resources in the world.

She valued the Vietnamese Government’s socio-economic development targets for 2012, describing it as an urgent task for the country to continue developing in a sustainable manner in the following years.

Like other regional nations, Vietnam ’s economy depends on export, making itself be easily vulnerable to changes of the world economy, Sri Mulyani Indrawati said.

She recommended the Government to take consistent policies and manage flexibly tools of financial and monetary policies, stablise fuel and energy prices as well as conduct economic restructuring and ensure the banking-financial system can avoid adverse impacts./.

vietnam+

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