Deputy
PM discusses economic strategy with Harvard scholars
Deputy PM discusses economic strategy with
Harvard scholars (Photo: VNA)
Deputy
Prime Minister Vu Van Ninh and his entourage held a discussion with leading
professors at Harvard University in Boston,
Massachusetts, on September 18 on Vietnam’s
economic growth strategy.
In an open atmosphere, the Harvard professors suggested Vietnam
change its growth model from focussing on investment and bank credits to one
rested on renovations.
They also highlighted the crucial need for reforming economic institutions,
with a focus on state-run enterprises, public investment policy and the
banking sector.
Regarding the Trans-Pacific Partnership (TPP) negotiations, Professor David
King advised Vietnam and
other negotiating countries to pay special attention to the US public.
Collaboration with groups in the US that share the same interests
should be boosted in a joint effort to accelerate the signing of the
agreement, he said.
The US scholars
acknowledged Vietnam’s
socio-economic development successes and global economic integration, holding
out hope that Vietnam
would maintain its positive growth in the coming years.
During the discussion, the Vietnamese officials and the US professors also talked about the current
political situation in the US;
compared Vietnam to
countries of a similar development level, like India
and Indonesia; and came up
with lessons for Vietnam’s
economy.
Deputy Prime Minister Vu Van Ninh is on a working visit to the US from
September 15-19 in a bid to move the negotiations on the Trans-Pacific
Partnership agreement (TPP) forward and bolster the two countries’ economic
ties.-VNA
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