Receiving a delegation from Fitch Ratings Ltd. Company headed by Managing Director James McCormack, Standing Deputy PM Nguyen Sinh Hung stated that, Vietnam is still one of few countries with positive growth rate which will get out of the economic crisis soon.
Mr. James McCormackstressed that his concern over Vietnam’s inflation no longer exists because the Vietnamese Government has adopted many prompt and effective solutions to curb inflation, stabilize macro-economy and ensure social security.
Fitch wants to survey impacts of the global economic crisis on Vietnam and the Government’s policies and solutions, including the stimulus and credit loosening, to further promote investment and development, said the guest.
Deputy PM Hung revealed that the Government continues to focus on reversing economic downturn, stabilizing macro-economy, and guaranteeing social security. He added that the Government also pays attention to improving transport and irrigation infrastructure, training human resource, boosting agricultural and rural development, exploiting domestic markets, and promoting export.
The Deputy PM believed that, through these solutions, Vietnam will see a higher growth rate next year.
In 2009, Vietnam plans to obtain an economic growth rate of 5%, asserted Mr. Hung.