State Bank of Vietnam Deputy Governor joins Prime Minister’s reception of IMF Article IV mission led by Martin Sommer

The State Bank of Vietnam reported that Deputy Governor Pham Quang Dung participated in Prime Minister Pham Minh Chinh’s meeting with an International Monetary Fund (IMF) staff delegation led by Martin Sommer during the mission’s visit to Vietnam, with discussions focused on Vietnam’s economic outlook and policy priorities. The Prime Minister highlighted that IMF assessments and recommendations have served as an important reference for Vietnam’s monetary and fiscal policy formulation and implementation, supporting macroeconomic stability and growth, and confirmed that Vietnamese government agencies are ready to deepen exchanges and share information in line with regulations. The Prime Minister outlined Vietnam’s growth ambitions of 10% or higher in coming years and emphasised drivers such as institutional improvements, science and technology and innovation, digital and green transitions, productivity, and competitiveness. The IMF mission head flagged spillovers from the Middle East conflict to the global economy, particularly energy and trade, and offered recommendations covering inflation control, financial and energy security, management of public, government and external debt, fiscal and monetary policy operation, diversification of development financing sources, addressing economic bottlenecks, and administrative procedure reforms to strengthen resilience to external shocks.