Governor Nguyen Van Binh of the State Bank of Vietnam (SBV) had a meeting with Mr. Mitsuhiro Furusawa, Deputy Managing Director of the International Monetary Fund (IMF), in Hanoi on June 11.
At the meeting, SBV Governor Nguyen Van Binh welcomed the working visit of the delegation led by IMF Deputy Managing Director Mitsuhiro Furusawa. The SBV Governor also congratulated Mr. Mitsuhiro Furusawa on his appointment of the IMF Deputy Managing Director and stated that Mr. Mitsuhiro Furusawa’s working visit would make contributions to strengthening and enhancing the long-lasting relationship between IMF and Vietnam in general, and between IMF and SBV in particular.
SBV Governor Nguyen Van Binh and Mr. Mitsuhiro Furusawa exchanged their views on the macro-economic situation of Vietnam and movements in the banking sector, and measures taken by the Government of Vietnam and SBV in 2015 and in the coming years.
SBV Governor Nguyen Van Binh stressed that IMF had played a very important role in the renovation process of Vietnam over the past time. The global financial crisis and economic decline have adversely impacted Vietnam’s economy, but thanks to IMF’s support, Vietnam’s economy has gradually recovered and gained praiseworthy achievements in recent years. The Governor highly appreciated the performance of IMF office in Vietnam in creating a firm premise to further promote the relation between IMF and SBV.
The IMF Deputy Managing Director expressed thanks to Governor Nguyen Van Binh for his warm hospitality. He exchanged his views with the host about the macro-economic development and performance of the Vietnamese banking sector. He showed his impression on the positive and right movements and applausable accomplishments that Vietnam has achieved in the implementation of solutions on macroeconomic stability and inflation control over the past time. In addition, Mr. Furusawa said IMF hadstrongly supported the orientation and determination of the Government and SBV in the steadfast pursuit of targets of macroeconomic stabilization, and focusing on the quality of growth; speeding up the progress of dealing with bad debts and restructuring the banking system through the use of the necessary resources and acceleration of legal reform.
LVH