Prime Minister Nguyen Xuan Phuc held a reception in the central city of Da Nang on Friday for Managing Director of the International Monetary Fund (IMF) Christine Lagarde, who has been in Viet Nam to attend the APEC 2017 Economic Leaders’ Week. 

Prime Minister Nguyen Xuan Phuc (right) talks with Managing Director of the International Monetary Fund (IMF) Christine Lagarde on Friday.

PM Phúc welcomed the IMF director’s attendance and ideas to meetings of the week, and spoke highly of IMF’s supervision, evaluation, and consultancy for Viet Nam in macro-economic aspects, technical assistance, and human resource training. 

Việt Nam will continue its efforts to stabilise the macro-economy, improve the investment climate, build a constructive government to serve enterprises and people, better market economy institutions, restructure the economy and renovate the growth model, he said. 

PM Phúc suggested IMF continue advising the Government of Viet Nam on running the macro-economy, completing financial-monetary tools and restructuring the finance-banking sector. 

The government leader also called on IMF to increase its technical assistance in the fields of Việt Nam’s needs and enhance the capability of Vietnamese economic, finance and banking managers. 

For her part, Lagarde said besides financial assistance, IFM is considering the possibility of providing more technical and training assistance for Viet Nam. 

While affirming her support for the Vietnamese Government’s priorities in reducing social inequality and enhancing climate change adaptation, she suggested Viet Nam improve labour productivity and competitiveness of the economy and promote women empowerment in economic development. — VNS