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IMF, ILO pledge further support for Việt Nam

Update: August, 20/2019 - 09:01
Politburo member and head of the Party Central Committee’s Economic Commission Nguyễn Văn Bình (r) welcomes  IMF’s newly-accredited Resident Representative in Việt Nam Francois Painchaud in Hà Nội yesterday. — VNA/VNS Photo Phương Hoa
HÀ NỘI — The International Monetary Fund (IMF) will continue to work with and assist Việt Nam in policy consultancy and capacity improvement, the IMF’s newly-accredited Resident Representative in Việt Nam Francois Painchaud has said.

At a meeting with Nguyễn Văn Bình, Politburo member and head of the Party Central Committee’s Economic Commission, in Hà Nội yesterday, Painchaud praised Việt Nam's achievements in stabilising the macro economy, curbing inflation and spurring economic growth.

Bình, also Secretary of the Party Central Committee, said Vietnamese Party and State leaders treasure the IMF’s consultancy in policy making and economic restructuring.

He suggested Painchaud promote collaboration and co-ordinate with relevant Vietnamese agencies, especially in policy consultancy, technical assistance and capacity improvement.

 

Later the same day, Bình met Country Director of the International Labour Organisation (ILO) Việt Nam Changhee-Lee.

Bình spoke highly of the ILO’s support for Việt Nam in the field of labour and socio-economic development as well as ILO’s contribution to the building of Vietnamese laws and policies relating to labour and social affairs.

He suggested the ILO continue supporting Việt Nam in completing the labour legal system in line with international standards.

He stressed Việt Nam was willing to participate in all international treaties, including treaties on labour.

ILO director Lee said the ILO would continue promoting co-operation with Việt Nam and would provide more support for Việt Nam in finalising the legal system relating to labour, employment and social security, and in building strategies to deal with climate change. VNS