PM Nguyen Xuan Phuc answered questions raised by President of the World Economic Forum (WEF) Borge Brende at the “Vietnam and the World” dialogue held on the sidelines of the forum’s ongoing annual meeting in Davos, Switzerland on Thursday. PM Nguyen Xuan Phuc (R) and President of the World Economic Forum Borge Brende in Davos, Switzerland on January 24, 2019. Asked about possible impacts of global economic slowdown on the Vietnamese economy and fresh growth driving forces, PM Phuc said Vietnam has increasingly integrated into the global economy as evidenced by the signing of several free trade agreements. He acknowledged that global trade fluctuations generate negative impacts on all countries. Though Vietnam backs free multilateral trading system, it needs to be aware of such fluctuations to ensure growth momentum and maintain fast, sustainable and inclusive growth. From that perspective, it is an imperative for Vietnam to secure socio-economic stability, especially macro-economy, considering it as key foundation to assure local and foreign investors’ confidence and strengthen resilience against global economic fluctuations. The country will continue transforming growth model on the basis of (i) innovations, development of a digital economy, (ii) restructuring of State-owned enterprises and sectors, (iii) and promoting strengths in… Read full this story
- Govt initiatives will provide growth momentum next year: Experts
- US economic outlook darkens as late 2018 growth figures revised down
- 5 things we learned at The Advocate's economic outlook summit: Updates on construction, jobs, more
- How has coronavirus impacted Baton Rouge's economy? Submit a question for our economic outlook summit
- India needs further economic reforms to attract more investment: IMF
- India's gloomy outlook darkens, recovery path in doubt: Reuters poll
- Economic rebound augurs well for future
- Door open to US rate cut as Fed's Powell flags economic uncertainties
- Baton Rouge has lost 10 years of job growth in about a month because of coronavirus
- COVID-19 tanks U.S. economy in second quarter, outlook shaky
PM questioned about economic outlook, growth momentum by WEF President have 306 words, post on www.vir.com.vn at January 25, 2019. This is cached page on Vietnam Colors. If you want remove this page, please contact us.