📋 Tender Overview
On the afternoon of July 28, at the Government headquarters, Prime Minister Le Minh Hung received Mr. Jochen Schmittmann, current Chief Representative of the International Monetary Fund (IMF) Office in Cambodia, Laos, Vietnam and Mr. Fazurin Jamaludin, the next Chief Representative of the IMF in Vietnam and Laos from August 23, 2026. Download Prime Minister Le Minh Hung receives the Chief Representative of the IMF - Photo: VGP/Nhat Bac Prime Minister Le Minh Hung respectfully thanks Mr. Jochen Schmittmann for his contributions during his term, especially in maintaining policy dialogue and connecting training programs, building and strengthening capacity; congratulated Mr. Jochen Schmittmann on his new assignment and Mr. Fazurin Jamaludin on being trusted by the IMF to be appointed as Chief Representative in Vietnam and Laos. Noting that the recent 3rd Central Conference passed a Resolution on innovating Vietnams development model, the Prime Minister emphasized that the Government is clearly aware that this is a historical turning point in development, requiring extensive, large-scale, and structural reforms to create a foundation for long-term development to achieve two 100-year strategic goals (to become a developing country with modern industry and high average income by 2030; 2045 to become a developed, high-income country). Download The Prime Minister said that for Vietnam, the IMF is a strategic policy consulting partner and a reliable companion in the process of socio-economic development - Photo: VGP/Nhat Bac. Information about Vietnams socio-economic situation and a number of important policy management directions, the Prime Minister emphasized the Vietnamese Governments consistent view of steadfastly promoting growth on the basis of macroeconomic stability and ensuring the safety of the financial and banking system, Strengthen budget discipline and develop capital markets to gradually reduce the economys dependence on bank credit. Vietnam absolutely does not trade macroeconomic stability and the safety of the financial and banking system for hot, short-term, unsustainable growth. The Prime Minister also shared about the upcoming session of the National Assembly with a series of bills being considered and passed to continue perfecting institutions, building an open and transparent legal system, following international standards and practices, improving the safety and attractiveness of the investment and business environment, and strengthening business confidence. businesses, investors and international partners for Vietnams stable and sustainable development prospects. Download the Prime Ministers information on Vietnams socio-economic situation and some important policy management directions - Photo: VGP/Nhat Bac The Prime Minister said that for Vietnam, the IMF is a strategic policy consulting partner and a reliable companion in the process of socio-economic development. The Vietnamese Government recognizes the IMFs assessment reports and recommendations and considers them an important source of consultation information in policy planning and implementation. The Prime Minister hopes that in Mr. Jamaludins new term, the IMF Office will continue to promote its role as an important and positive bridge, contributing to consolidating and further developing practical and effective cooperation, maintaining regular policy dialogue, having practical consultation contents, and contributing to Vietnams goal of rapid and sustainable growth. For his part, Mr. Jochen Schmittmann highly appreciated the good cooperative relationship between Vietnam and the IMF over the past time; believes that the Vietnamese economy has a very impressive growth rate, Vietnam has managed and responded very well to external shocks and has had many reforms in areas that are very important for long-term growth and development. He believes that not many countries have been able to carry out reforms like Vietnam in recent times. Download Chief Representative of the IMF said that Vietnams economy has a very impressive growth rate - Photo: VGP/Nhat Bac Mr. Jochen Schmittmann also appreciated Vietnams important directions, especially breakthroughs in science and technology development, innovation, and digital transformation; believes that Vietnam still has room to continue promoting growth, through harmonious coordination between fiscal policy, monetary policy and other solutions, both supporting growth and contributing to maintaining macroeconomic stability. Sharing some specific recommendations, he affirmed that the IMF fully supports Vietnams double-digit growth target and will continue to share assessments and recommendations on Vietnams economic and policy prospects, including issues related to the fields of finance - currency and banking. The next Chief Representative of the IMF, Mr. Fazurin Jamaludin assessed that Vietnam is entering a new stage of development with many prospects, expressing his impression of Vietnams aspiration for double-digit growth. He expressed his desire to continue and promote positive results in the cooperative relationship between the IMF and Vietnam during his term of office; The IMF is ready to continue to be a reliable companion, cooperate and support Vietnam in realizing its development goals and orientations in the coming time. Ha Van ReferencemoreDeputy Prime Minister Nguyen Van Thang receives IMF Asia-Pacific Regional DirectorSee moreIMF considers lowering global growth forecast due to Middle East conflict
