Vietnam active at APEC finance ministers’ meeting

Vietnam actively contributed to the Finance Ministers' Meeting of the Asia-Pacific Economic Cooperation (APEC) which was held in Beijing, China on October 21-22.
Vietnam actively contributed to the Finance Ministers' Meeting of theAsia-Pacific Economic Cooperation (APEC) which was held in Beijing,China on October 21-22.

The head of the Vietnamesedelegation to the meeting, Deputy Minister of Finance Truong Chi Trungcalled for greater efforts in economic restructuring and morecooperation in seeking financial resources for infrastructuredevelopment.

He said as infrastructure developmentis an issue of great interest in developing countries like Vietnam,experience sharing and collaboration will be very useful to facilitateinvestment flows for infrastructure development, especially from privateenterprises in the form of Public-Private Partnerships (PPP).

Vietnam supports the inclusion of a roadmap on the implementation ofPPP infrastructure projects in the finance ministers’ joint statement,which will be submitted to the APEC Summit for approval.

At the meeting, Deputy Minister Trung also shared Vietnam’s experiencein implementing measures to restructure its economy and boostinvestment in infrastructure in the context of the global economiccrisis.

The APEC Finance Ministers' Meeting, whichwas chaired by Chinese Finance Minister Lou Jiwei, zoomed in on theAsian-Pacific and global economic situation, cooperation oninfrastructure investment and financing, fiscal policies for economicrestructuring, and financial support for the region’s economy.-VNA

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