An overview of the workshop (Source: VNA) Hanoi (VNA) – Vietnam has opportunities to access a wide commercial capital market which allows the country be more active and flexible in capital mobilisation and use in order to compensate for the shrinking ODA, said Truong Hung Long, head of the MoF’s Department of Debt Management and External Finance.
Long made the remark at a workshop seeking measures to intensify relationswith investors being jointly held by the Ministry of Finance (MoF)and the International Monetary Fund (IMF) on December 7-8.
The role and position of Vietnam has seen positivechanges, with entering the group of middle-income countries as an important milestone, helping it able to manage debts proactively andeffectively, he said.
He noted that intensifying and maintaining relations withinvestors is an important task to promptly and accurately convey information onthe country’s socio-economic development situation and the Government’spolicies toward investors.
Lack of information or inaccurate information can makeinvestors or lenders have false understanding as well as negative assessment onrisks of loans and investments, he added.
An IMF representative said that the target and principal ofthe investor relations are data transparency and the ability to contact with Government agencies to clarify publicised information./.
The role and position of Vietnam has seen positivechanges, with entering the group of middle-income countries as an important milestone, helping it able to manage debts proactively andeffectively, he said.
He noted that intensifying and maintaining relations withinvestors is an important task to promptly and accurately convey information onthe country’s socio-economic development situation and the Government’spolicies toward investors.
Lack of information or inaccurate information can makeinvestors or lenders have false understanding as well as negative assessment onrisks of loans and investments, he added.
An IMF representative said that the target and principal ofthe investor relations are data transparency and the ability to contact with Government agencies to clarify publicised information./.
VNA
