News Digest
(27-05-2008)
Deputy PM salutes Moody Credit Ratings executive during visit
HA NOI – Permanent Deputy Prime Minister Nguyen Sinh Hung yesterday received Moody’s Credit Ratings Council President Thomas Byrne who is on a working visit to Viet Nam.
Deputy PM Hung informed his guest of the country’s macro-economy and comprehensive solutions taken by the Government to control inflation, ensure social welfare and maintain economic growth.
"Viet Nam places top priority on the fight against inflation and has adjusted the economic growth target," Hung said.
The Deputy PM said Viet Nam was determined to overcome challenges to maintain economic growth and deal with social and environmental issues, like hunger eradication and poverty reduction for the goal of sustainable development.
As a globally leading provider of independent credit ratings, research and financial information to capital markets, Moody’s has conducted credit ratings for Viet Nam since 1995.
Last year, the US-based company released a positive report on Viet Nam’s prospects.
Deputy Prime Minister greets US General Electric official
HA NOI – Deputy Prime Minister Pham Gia Khiem has applauded US General Electric’s (GE) efforts and long-term plans in Viet Nam.
The Deputy PM, who doubles as Foreign Minister, had separate meetings with GE’s senior vice president Brackett Denniston and the vice president and Senior counsel of International Law and Policy, Karan K Bhatia, in Ha Noi yesterday.
The senior leader and GE officials discussed cooperation between Viet Nam and GE and other areas of common concern.
Deputy PM Khiem praised vice president Bhatia’s contributions to Viet Nam-US bilateral relations, particularly the vice president’s work as US deputy trade representative in 2005.
Bhatia chaired Viet Nam-US negotiations and signed a bilateral agreement for Viet Nam to join the World Trade Organisation. He also led a campaign for Permanent Normal Trade Relations status for Viet Nam and signed a framework agreement on trade and investment between the two countries. — VNS
