Comprehensive financial system crucial to sustainable development hinh anh 1Delegation led by Queen of the Netherlands Máxima Zorreguieta Cerruti and officials of Vietnam's Ministry of Labours, Invalids and Social Affairs (Photo: VNA)
Hanoi (VNA) – A national strategy on an inclusive financial system is needed to promote socio-economic sustainable development in Vietnam, Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung has said.

He made the statement at a working session with Queen of the Netherland Maxima Zorreguieta Cerruti, who is also the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, in Hanoi on June 1.

He said Vietnam has gained significant achievements in poverty reduction thanks to the implementation of policies on social welfares, micro-financial development, and rural-agricultural credits.

However, a remarkable proportion of locals have yet been able to gain official access to financial and banking services, especially those in remote areas, he noted.

Dung said his ministry will chair a high-level policy dialogue on women and economy in the central province of Thua Thien-Hue in September as part of the APEC Year 2017.

He invited the Queen to participate in the event, which will make valuable contributions to the country’s efforts in narrowing the gender gap in the digital world.

Queen Maxima congratulated Vietnam on its accomplishments in poverty reduction and socio-economic development over the past 30 years.

She agreed that the building of a national strategy on inclusive finance is important to boost the country’s sustainable development.

In the context of globalization and international integration, the United Nation has been interested in promoting the implementation of inclusive financial policies in member nations to ensure vulnerable groups will receive support to overcome financial difficulties, she added.

The Queen said she is willing to share experience and cooperate with Vietnam in this field.-VNA