A forum to discuss the opportunities and challenges of growth recovery and economic reforms was held in Hanoi on November 22 by the Central Institute for Economic Management (CIEM) and the German International Cooperation (GIZ).

The annual forum under the CIEM – GIZ Macroeconomic Reform Programme is held to look into Vietnam ’s pressing economic issues.

Participants mulled over the country’s economic situation and put forth their opinions on restructuring State-run businesses, Government spending and financial systems.

They also debated various measures for policy makers, managing agencies and businesses to accelerate economic and business reforms.

CIEM Acting Director Nguyen Dinh Cung said that concrete measures to restructure the country’s economy and change its growth model have been outlined in a master project. However, much remains to be done to finalise the work.

Meanwhile, Chief Technical Advisor of the GIZ’s programme Michael Krahowski stressed that the programme aims to consolidate market-oriented institutions in Vietnam and works towards a sustainable growth of its economy.

The outcomes of the forum will be good indicator of the country’s economic reforms in tandem with sustainable growth, he added.-VNA