Finance Minister Dinh Tien Dung had bilateral meetings with Malaysian and US financial officials on March 20 in Kuala Lumpur, Malaysia where he attended a retreat session of the 19th ASEAN Finance Ministers’ Meeting (AFMM).

Meeting Malaysia Second Finance Minister Ahmad Husni Mohamad Hanadzlah, Dung said Vietnam is carrying out a loosened monetary policy with an aim to boost economic growth, with interest rate maintained at a low and stable level.

He noted that this year, Vietnam will continue speeding up the reforms of public investment and State-owned enterprises (SOEs), including commercial banks, focusing on equitising and withdrawing SOEs’ investments from non-core operations.

The Malaysian minister said the two countries share the same view on many issues, including negotiations for a Trans-Pacific Partnership.

He said he hopes Vietnam will soon join the linkage of stock exchanges to promote cross-border transactions in the capital market.

The two sides also agreed to strengthen investment cooperation in the coming time.

Meanwhile, US Assistant Secretary of Treasury for International Finance Ramin Toloui spoke highly of economic attainments of Vietnam in 2014, declaring that the country’s institutional reform and investment attraction policy lay a firm foundation for economic growth and export.

Toloui said he hopes Vietnam will continue renovating the financial sector and SOEs.

Both sides pledged to continue efforts to conclude Trans-Pacific Partnership negotiations as soon as possible.

The 19th AFMM is scheduled to open on March 21. Malaysia is also hosting the first ASEAN Finance Ministers and Central Bank Governors’ Joint Meeting.-VNA