ADB President appreciates Vietnam’s efforts
Hanoi (VNA) – Asian Development Bank (ADB) President Haruhiko Kuroda said Vietnam has been on the right track of implementing drastic measures to curb inflation and stabilise the macro economy.
The country’s experiences should be applied in other countries, he added.
He was speaking at a press briefing following t he Global Meeting of the Emerging Markets Forum 2008 that ended in Hanoi on July 1.
During three days discussing challenges faced by rising economies and solutions amid world economic instability, delegates stressed that emerging economies, to overcome the current difficulties and improve their roles in the world economy, need to increase the sharing of experiences in developing financial markets, narrowing the income gap and reducing impacts of climate change.
The participants, including p olicymakers, scholars and CEOs from major groups, recommended emerging markets, including Vietnam , to closely monitor outside changes in order to work out flexible and suitable development policies to ensure stable growth.
Emerging economies were also advised to support small- and medium-sized enterprises, thereby improving economic efficiency and increasing incomes for workers, they said.
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