Tuesday, May 17, 2011

Instant Classic...

...a near-perfect example of a pseudo event. Nothing substantive whatsoever in this communique.

Guests to the 44th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) have praised Vietnam’s solutions to curb inflation and stabilise the macro-economy.

IMF Deputy General Director Naoyuki Shiohara and World Bank Vice President James Adams were among the guests who were received by Prime Minister Nguyen Tan Dung on separate occasions in Hanoi on May 5.

At a reception for IMF Deputy General Director Shiohara, PM Dung hailed the practical results of the cooperation between Vietnam and the International Monetary Fund (IMF) in policy consultation and official training.

He told Shiohara that Vietnam would continue with inflation control, macro economic stabilisation and ensuring social welfare for sustainable economic development.

The PM said he hoped the IMF will continue working with Vietnam in policy consultation.
Shiohara congratulated Vietnam on its successful organisation of ADB’s 44 th annual meeting, saying that effective cooperation between the IMF and Vietnam has contributed to assisting Vietnam’s micro-economic management and policy consultation.

He hailed the Vietnamese Government’s solutions to stabilise the macroeconomy but suggested the nation continue implementing its policy in a medium and long-term to control inflation.

While receiving WB Vice President Adams, PM Dung highlighted the important contributions of the Vietnam-WB relationship to the country’s socio-economic development.

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