Deputy Prime Minister Vuong Dinh Hue (R) and FEC Vice President Yoshihiko Nakagaki (Source: baochinhphu.vn) Hanoi (VNA) – Deputy Prime Minister Vuong DinhHue expressed that strengthening the macro-economy is a top priority forVietnam during a reception in Hanoi on October 9 for Vice President of theInternational Friendship Exchange Council (FEC) of Japan Yoshihiko Nakagaki.
Expressing delight at the increasing political trust via theexchange of visits at all levels, Hue lauded FEC for promoting the Vietnam-Japanfriendship over the past few years.
He said the Government is directing agencies to review the10-year implementation of the socio-economic development strategy for the2011-2020 period, towards achieving rapid and sustainable growth.
In order to strengthen the macro-economy, he said Vietnamhas given direction towards tightening fiscal policy, flexible foreign currencyand exchange rate policy; expanding export markets; and boosting domesticconsumption. Despite uncertainties in global events, Vietnam’s inflation is keptunder control and public debt reduced.
At the same time, Vietnam will also step up tradeliberalisation and global economic integration, reform domestic mechanisms andpolicies, and improve its business climate towards becoming among the top fourASEAN economies by 2020, he said, adding that Vietnam advocates acceleratinginternational investment on the back of its 12 free trade agreements.
The host called for Japanese investment inscience-technology, finance, and energy with advanced technologies, goodgovernance, and links with Vietnamese partners.
According to him, Vietnam is building an economicdevelopment strategy for 2020-2030 to ensure balanced development amongst theregion, and is ready to welcome Japanese firms wanting to do business in thecountry.
Nakagaki, for his part, expressed support for Vietnam’sdevelopment policy in the near future and highlighted the sustainabledevelopment of the State budget, transport-infrastructure, energy, and the privatesector.
He said FEC will make active and effective contributions tocollaboration between the two nations’ business communities, and political andsocio-economic organisations in the near future. –VNA
Expressing delight at the increasing political trust via theexchange of visits at all levels, Hue lauded FEC for promoting the Vietnam-Japanfriendship over the past few years.
He said the Government is directing agencies to review the10-year implementation of the socio-economic development strategy for the2011-2020 period, towards achieving rapid and sustainable growth.
In order to strengthen the macro-economy, he said Vietnamhas given direction towards tightening fiscal policy, flexible foreign currencyand exchange rate policy; expanding export markets; and boosting domesticconsumption. Despite uncertainties in global events, Vietnam’s inflation is keptunder control and public debt reduced.
At the same time, Vietnam will also step up tradeliberalisation and global economic integration, reform domestic mechanisms andpolicies, and improve its business climate towards becoming among the top fourASEAN economies by 2020, he said, adding that Vietnam advocates acceleratinginternational investment on the back of its 12 free trade agreements.
The host called for Japanese investment inscience-technology, finance, and energy with advanced technologies, goodgovernance, and links with Vietnamese partners.
According to him, Vietnam is building an economicdevelopment strategy for 2020-2030 to ensure balanced development amongst theregion, and is ready to welcome Japanese firms wanting to do business in thecountry.
Nakagaki, for his part, expressed support for Vietnam’sdevelopment policy in the near future and highlighted the sustainabledevelopment of the State budget, transport-infrastructure, energy, and the privatesector.
He said FEC will make active and effective contributions tocollaboration between the two nations’ business communities, and political andsocio-economic organisations in the near future. –VNA
VNA
