Financial policies for socio-economic growth and development in the new context is the main theme of the Viet Nam Finance Forum 2022 which took place in Da Nang on Friday.

In his remarks at the event, Deputy Minister of Finance Vo Thanh Hung said, over the past time, the Ministry of Finance has always focused on perfecting the State budget-financial institutions and policies in order to effectively mobilize and allocate resources, thereby contributing to consolidating macroeconomic stability and promoting socio-economic development. During the 2022-2023 period, the Ministry plans to increase State budget expenditure by about VND182.6 trillion.

In addition, the financial policy solutions applied in 2021 and especially in the years 2022-2023 under the Socio-economic Recovery and Development Programme are quite comprehensive and timely, contributing to ensuring macroeconomic stability, controling inflation, and guaranteeing major balances of the economy.

Delivering a speech at the event, Da Nang People’s Committee Vice Chairman Ho Ky Minh highlighted that the Viet Nam Finance Forum 2022 provided a good opportunity for Da Nang to exchange and discuss with policy makers, experts and scholars at home and abroad about initiatives and solutions to implement major orientations in finance - State banking field and support enterprises to boost their recovery and production and business activities.

From there, the city can actively research and implement as well as integrate the goals and solutions of financial strategy, and fiscal and monetary policies to its socio-economic recovery and development programmes in the coming time, Mr. Minh added.

Organised by the Ministry of Finance under the auspices of the International Cooperation Agency of Germany (GIZ), the Viet Nam Finance Forum 2022 was held both online and in-person with the participation of about 300 delegates from ministries, agencies and international organisations.

It was divided into two sessions focusing on financial resources for socio-economic growth and development, and financial policies for business recovery and development.

Reporting by M.QUE - Translating by M.DUNG