Vietnam praised for cutting interest rates, prioritizing growth

(VOVWORLD) -Vietnam cutting interest rates and prioritizing growth earlier than in many other countries have proved the Vietnamese government’s sound management policies, said Neil Quigley, Chair of the Reserve Bank of New Zealand.
 
Vietnam praised for cutting interest rates, prioritizing growth  - ảnh 1Prime Minister Pham Minh Chinh receives Professor Neil Quigley, Vice-Chancellor of Waikato University, and Chair of the Reserve Bank of New Zealand.

Professor Neil Quigley, who is also Vice-Chancellor of Waikato University, spoke highly of Vietnam’s macro-economic governance, monetary policy and inflation control measures, as he met with Prime Minister Pham Minh Chinh on Sunday in Auckland.

As the Chair of the Reserve Bank of New Zealand, Prof. Quigley said he is ready to promote cooperative activities and share experiences with Vietnam in credit, financial management, and banking.

PM Chinh asked Prof Quigley to give advice to Vietnam in striving to become a financial hub in Southeast Asia.

He proposed that Waikato University expand cooperation in human resource development with Vietnam in new, potential areas like digital technology and semiconductor chip, granting scholarships, and exchanging lecturers and teaching curricula.

Professor Quigley said that with an increasingly improved position and role, Vietnam is a priority area for Waikato in the Southeast Asia region. The university is committed to focusing resources and long-term operations in Vietnam and looks forward to expanding cooperation with Vietnam in fintech, AI, and cybersecurity, he said.


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