Bloomberg: Vietnam's economy steady in financial crisis

Hanoi (VNA) - Vietnam is among the economies that have
recorded the highest economic growth rates over the past 12 months,
according to Peter Grauer, Chairman of the US 's financial information
group, Bloomberg. He made this statement to his host, Vietnamese President
Nguyen Minh Triet, in Hanoi on Nov. 13.

Grauer said that Vietnam is among 161 economies monitored by
Bloomberg, and over the past 10 years, Bloomberg has kept a close watch on
the country's economic developments and has received support in this matter
from a number of authorised Vietnamese agencies.

The chairman of the world's leading financial news group said that
Bloomberg wants to objectively cover the reality of the Vietnamese economy
in order to attract the world's attention to the country's financial markets
and to help the Vietnamese people find out more about various financial
tools and services.

He asserted that Vietnam 's economy was steady before the impact of the
financial crisis, as the country draws its strength from a young,
intelligent, creative and optimistic workforce that forms Vietnam 's
backbone.

President Triet appreciated the reliability of Bloomberg's regional and
global financial coverage and reporting.

Regarding the impact of the global financial crisis on Vietnam , the
President said the Vietnamese Government has adopted bold measures to curb
inflation and stabilise the macroeconomy. However, he added, Vietnam has
little experience in coping with financial turmoil, so it needs foreign
consultancy to help arrive at concrete solutions to tackle the crisis.

The President also stressed that Vietnam is determined to ensure that
its financial and monetary markets are transparent in order to gain the
confidence of the world's investment organisations.-Enditem