The government needs to strengthen macroeconomic stability to sustain the recovery of the country’s economy as well as lay down foundations for a modern emerging market economy as part of structural reforms, the International Monetary Fund said after an informal consultation with the Vietnamese government. Among the structural reforms suggested by the Fund are upgrading the country’s institutional architecture, scaling up investments in the infrastructure sector, addressing corruption, and modernizing the state’s role in the economy.
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About the author
Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.
