Vietnam strives to maintain economic growth rate in 2011

Vietnam strives to maintain economic growth rate in 2011 22/09/2010 04:18:00 637

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Vietnam has gained achievements in managing its macro-economy, maintaining a high economic growth rate during the global economic recession, and improving its business environment.

 

Economic experts and researchers shared this at a seminar on stabilising the macro-economy and maintaining economic growth, which was held by the National Assembly’s Economic Committee and the Vietnam Academy of Social Sciences in Ho Chi Minh City on September 21.

 

The two-day seminar, attended by Ha Van Hien, Chairman of the Economic Committee, focuses on Vietnam’s economy in 2010 and its prospects for 2011, monetary and financial policies, investment and investment policies, business reform, and economic management.

 

Participants agreed there are still many problems related to the economy such as high inflation and interest rates for bank loans. They proposed the government review the effectiveness of investment activities and operations of different economic sectors to create momentum for economic growth.

 

Associate Professor Tran Dinh Thien, Director of the Vietnam Institute of Economics, recommended reforming the management of the state budget and public investment, as well as promoting support industries to help the private economic sector develop.

 

Vietnam must focus on maintaining a proper economic growth rate and controlling inflation rate in order to manage its economy, said Thien.

 

Economic expert Pham Chi Lan expressed her belief that Vietnam’s economic growth in 2011 will be much better than that of 2010.

 

VOVNews