(VOV) -Local and international experts attended a November 22 forum in Hanoi to discuss measures for accelerating and broadening Vietnam’s ongoing economic restructuring.
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Themed “Growth Recovery and Economic Restructuring: Opportunities and Challenges”, the Central Institute for Economic Management (CIEM) and the German Development Cooperation GIZ organised the forum as part of its Macroeconomic Reform Programme.
Participants assessed Vietnam’s current economic reality and proposed a number of new policies concerning the country’s reform and recovery ambitions in restructuring State-owned enterprises (SOEs), public investments, and the financial system.
Experts hope their suggestions will serve policy makers and state management officials as references during the continuing process of reform.
Acting CIEM President Nguyen Dinh Cung said the master plan for economic restructuring defines a relatively rigid framework for growth model transformation. Progress is still in its initial stages.
“There remain many difficulties and challenges in implementation,” he said.
Dr. Cung emphasised the pressing need to shift the focus of economic restructuring policies from aggregate demand management to supply-side reform solutions.
GIZ Chief Technical Advisor Dr. Michael Krakowski said its Macroeconomic Reform Programme intends to strengthen Vietnam’s market-oriented institutions in the interests of long-term sustainable economic development.
He believes the forum’s outcomes are valuable contributions to Vietnam’s sustainable economic growth reforms.
Đăng ký: VietNam News
