Deputy Prime Minister Vuong Dinh Hue (R) receives Director of OECD’s Multi-dimensional Country Review (MDCR) office Jan Rielander At a reception for Director of OECD’s Multi-dimensional Country Review (MDCR) office Jan Rielander in Hanoi on December 3, the Deputy PM affirmed Vietnam’s recognition of great importance to its cooperation with the OECD in respect of both bilateral and regional frameworks, Hue was appreciative of the practical development of Vietnam-OECD cooperation and the positive outcomes of the bilateral cooperation plan for 2016-2020, while praising the organization for its support for Vietnam in scrutinizing the country’s development policies. Vietnam is destined to map out a socio-economic development strategy for after 2020 and the development of a MDCR will effectively support the policymaking process in the country, Hue told his host. Jan Rielander, for his part, lauded Vietnam’s role and position in … [Read more...] about Vietnam greatly values cooperation with OECD
Oecd
Vietnam treasures cooperation with OECD: Deputy PM
Deputy Prime Minister Vuong Dinh Hue (R) and Director of OECD’s Multi-dimensional Country Review (MDCR) office Jan Rielander (Source: VNA) Hanoi (VNA) – Vietnam attaches great importance to its cooperation with the Organisation for Economic Cooperation and Development (OECD) in terms of both bilateral and regional frameworks, Deputy Prime Minister Vuong Dinh Hue told an official from the OECD. During a reception for Director of OECD’s Multi-dimensional Country Review (MDCR) office Jan Rielander in Hanoi on December 3, Deputy PM Hue praised the OECD for its response and coordination with Vietnam in holding conferences and workshops in the APEC Year 2017 in Vietnam. He highlighted the practical development of Vietnam-OECD cooperation and the active results of the bilateral cooperation plan for 2016-2020, while praising the OECD for its support for Vietnam in reviewing the country’s development policies. He suggested that the OECD continue … [Read more...] about Vietnam treasures cooperation with OECD: Deputy PM
Deputy PM Hue receives head of OECD’s MDCR
Deputy PM Vuong Dinh Hue (right) receives Jan Rielander, Head of the OECD’s Multi-dimensional Country Reviews Development Center at the Government Office in Ha Noi on December 3, 2018. Photo: VGP Hue made the remarks at his reception for Jan Rielander, Head of the OECD’s Multi-dimensional Country Reviews Development Center, in Ha Noi on Monday. Viet Nam treasures cooperation with the OECD in both bilateral and multilateral aspects, affirmed Deputy PM Hue. He expressed thanks for the OECD’s assistance for Viet Nam to complete the evaluation of public investment policies. For his part, Jan Rielander spoke highly of Viet Nam’s role and position in Southeast Asia and Asia-Pacific as well as the country’s full membership of the OECD’s Multi-dimensional Country Reviews Development Center since 2018. The OECD is working with countries, including Viet Nam, to build Multi-dimensional Country Reviews in order to provide governments policy … [Read more...] about Deputy PM Hue receives head of OECD’s MDCR
OECD lowers global growth forecast for 2019
The OECD has downgraded its growth projections for Japan in both 2018 and 2019, citing the negative effects of the upcoming consumption tax hike. | BLOOMBERG Worldwide gross domestic product is expected to grow a real 3.5 percent in 2019, the OECD said in its latest economic outlook report, down from 3.7 percent forecast in September. It kept its growth projection for 2018 unchanged at 3.7 percent, while forecasting a slight slowdown to 3.5 percent in 2020. “Recent developments suggest that the global expansion has peaked and is likely to slow over the next two years,” the Paris-based organization said. “Labor market conditions are still improving … but investment and trade growth have proved softer than anticipated, financial market conditions have tightened, and confidence has continued to ease,” it said. It warned that heightened trade tensions “remain a significant source of downside risk to global investment, jobs and living standards.” … [Read more...] about OECD lowers global growth forecast for 2019
OECD warns of global slowdown
PARIS: The global economy has peaked and faces a slowdown driven by international trade tensions and tighter monetary conditions, the Organisation for Economic Cooperation and Development warned on Wednesday (Nov 21). Angel Gurria highlighted problems caused by trade conflicts and political uncertainty. (Photo: AFP/Eric Feferberg) The OECD, which groups the top developed economies, said it had trimmed its growth forecast for 2019 to 3.5 per cent from the previous 3.7 per cent. The 2018 estimate was left unchanged at 3.7 per cent. For 2020, the global economy should grow 3.5 per cent, it said in its latest Economic Outlook report. "The shakier outlook in 2019 reflects deteriorating prospects, principally in emerging markets such as Turkey, Argentina and Brazil," it said. "The further slowdown in 2020 is more a reflection of developments in advanced economies as slower trade and lower fiscal and monetary support take their toll." OECD chief Angel Gurria highlighted problems … [Read more...] about OECD warns of global slowdown