Financial stability is a prerequisite for sustainabledevelopment in East Asian economies, Chairman of the National FinancialMonitoring Committee Vu Viet Ngoan told a press conference in Hanoion November 20.
The event, held for the first time inVietnam, will convey the country’s determination to implement economicrestructuring, including the financial system, he said.
It demonstrates Vietnam ’s responsibility to international and regional issues of common concern, he added.
Entitled“Financial stability frameworks and supervision in changingenvironment”, the event will enable delegates to share experiences,strengthen cooperation and conceive joint action plans for a stableregional financial market.
The conference isjointly organised by the National Financial Monitoring Committee, theOffice of Government, the State Bank of Vietnam and the FinanceMinistry.-VNA