Full text of PM Nguyễn Tấn Dũng’s remarks

PM Nguyễn Tấn Dũng remarked that, emerging economies, especially those in Asia , have better conditions to mitigate negative impacts of the global financial crisis and maintain a relatively high growth rate.

He stressed the role of prediction in making policies and securing long-term growth. It is necessary to sharpen forecast and evaluation capabilities in order to map out sound solutions and flexible decisions.

The Vietnamese PM also underlined the importance of social consensus in mobilizing resources for the implementation of policies. Analyzing Việt Nam’s experience of coping with the crisis, PM Dũng asserted that, while stabilizing macro-economic balances and overcoming short-term challenges, it is essential to guarantee long-term growth and development through policies on infrastructure development and human resource nurturing.

In the post-crisis period, said PM Dũng, Việt Nam is realizing some priority policies, notably (i) creasing breakthroughs in building the market economy, transforming State-run enterprises, and conducting administrative reforms; (ii) restructuring the national economy toward higher quality, efficiency and competitiveness through upgrading infrastructure, prioritizing hi-tech and environmentally-friendly industries; and (iii) developing human resource and technology.

By Hoàng Phương