Prime Minister Nguyen Tan Dung has pledged that Vietnam will give top priority to containing inflation while stabilizing the macro-economy and ensuring social security.

Mr Dung made the commitment on September 6 at the Consultation Meeting with Development Partners on Vietnam’s Macro-economic Situation held by the Ministry of Planning and Investment.

The meeting was attended by representatives from international financial organizations and institutions such as the World Bank, the International Monetary Fund, and the Asian Development Bank, as well as ambassadors and other diplomats from several foreign countries.

The international participants highly appreciated the Vietnamese Government’s efforts to cope with the recent global financial crisis and economic meltdown. They especially spoke highly of the effective anti-inflation measures stipulated in Government Resolution No 11.

The participants provided frank analysis of the challenges for Vietnam’s macro-economy and proposed a number of solutions to resolve shortcomings related to public investment, huge debts in the banking system, and rising public debt.

Addressing the meeting, PM Dung said he treasured the frank, constructive, and comprehensive feedback the participants gave to the Vietnamese Government on planning and steering the macro-economy.

He said the Government will continue to implement Resolution 11 and will not ignore the anti-inflation targets to focus only on economic growth.

Mr Dung also expressed his hope that Vietnam will continue to receive support and assistance from development partners in terms of policy, technical and resources consultations.

VOV