|Prime Minister Nguyen Tan Dung yesterday hosted a reception for Vietnamese-American Professor Luu Le Hang in Ha Noi. — Photo VNA
HA NOI (VNS) — Prime Minister Nguyen Tan Dung yesterday hosted a reception for Vietnamese-American Professor Luu Le Hang who has won a number of top world prizes for her discoveries, including the Shaw Prize in astronomy and Kavli Prize in astrophysics.
The PM lauded Hang's contributions to astronomy and expressed his admiration for the professor, saying Hang's success was not only the pride of the nation but also a great inspiration for Vietnamese researchers and inventors.
Dung said that education and training and science and technology were key national policies, and Viet Nam had dedicated substantial resources to these areas.
He said he hoped the professor would continue her work to develop the country's astronomy sector and inspire Vietnamese youngsters.
Hang said she believed that with adequate investment in education, more Vietnamese scientists would be honoured in the global arena.
She pledged to do her utmost to join scientific events and activities in Viet Nam, including the "Meet Viet Nam" programme initiated by Professor Tran Thanh Van.
She also praised the development of a scientific space complex in Binh Dinh and said she hoped the model would be expanded to other localities.
Born in 1963 in Sai Gon (now HCM City), Professor Hang is now working at Harvard University and the Lincoln Laboratory at the Massachusetts Institute of Technology (MIT).
She has made great achievements in astronomy by discovering the Kuiper Belt and more than 30 new small planets, one of which was named after her: Asteroid 5430 Luu.
Prime Minister Dung spoke highly of the World Bank (WB)'s support for Viet Nam on policies, technology and finances while receiving WB Viet Nam Country Director Victoria Kwakwa in Ha Noi yesterday.
Though it has made several positive achievements, the Government has yet to feel satisfied and is fully aware of the challenges that need to be addressed in the time ahead, he said.
Dung said the Government was committed to bringing the public debt below 65 per cent as regulated to ensure its national financial safety and gradually reduce the rate after 2017. At the same time, the Government would restructure public debt, reduce overspending, cut down regular expenditures, meet payment dates and use loans effectively.
New loans would be spent on building necessary socio-economic infrastructure, while great efforts would be made to minimise wastefulness and corruption, he said.
The PM also informed his guest that the Government was taking drastic measures to speed up the equitisation of State-owned enterprises (SOEs) and the restructuring of poorly performing commercial banks.
The Government would also keep reducing bad debt, he said, adding that it could bring bad debt below 3 per cent by September.
Other focuses included restructuring the agricultural sector, continuing administrative procedure reform, improving the business climate and increasing the economy's competitiveness, he added.
He expressed his hope that Viet Nam would gain access to the WB's International Development Association (IDA) loans and receive the bank's help in making the 2035 Viet Nam Report.
Kwakwa said Viet Nam continued to record good progress in economic development, with a stable macro economy and exchange rates.
She spoke highly of Viet Nam's efforts to tighten fiscal spending, control public debt, address bad debt, renovate SOEs and restructure the banking and agricultural sectors.
The WB was willing to provide official development assistance (ODA) and IDA loans for Viet Nam, as well as support and co-operate with the country in restructuring the agricultural sector, she said.
She also affirmed her priority to co-operate with Viet Nam's ministries and sectors to prepare for the signing and implementation of credit agreements during the 17th term of the IDA, with around US$1.5 billion already signed for and another $2 billion to be signed for in the 2016 and 2017 fiscal years.
The bank was also working to complete and announce the Viet Nam Report 2035 in the time ahead, she said. — VNS