It is crucial for Vietnam to develop financial and budgetary solutions to stablise the economy and boost recovery and development after the pandemic, deputy finance minister Vo Thanh Hung recently told the Vietnam Finance Forum 2021, which had the theme ‘Finance Strategy for the 2021-2030 period:
Solutions for Economic Recovery and Development in Vietnam’.It is important for the country to focus more on improving policies to effectively mobilise resources for development, enhancing business climate and accelerating mobilisation of non-state resources, Nguyen Nhu Quynh, deputy director of the ministry of finance’s National Institute for Finance (NIF) said.
He also emphasised the need to tighten control of the budget deficit, properly manage public debts and step by step provide more fiscal space for heightening the national finance’s resilience, according to a Vietnamese newspaper report.
It is crucial for Vietnam to develop financial and budgetary solutions to stablise the economy and boost recovery and development after the pandemic, deputy finance minister Vo Thanh Hung recently told the Vietnam Finance Forum 2021, which had the theme 'Finance Strategy for the 2021-2030 period: Solutions for Economic Recovery and Development in Vietnam'.#
According to the next decade’s Finance Strategy, the national finance policy plays a pioneering role in effectively mobilising, distributing and using both domestic and foreign resources, and directing the resources into fulfilling priority socio-economic development goals in each certain period of time.
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