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Wednesday, February 08, 2006

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Financial workers should lure $136b for nat'l dev
2/8/2006
 

          Hanoi, February 7 (VNA): Prime Minister Phan Van Khai urged bankers and financial workers across the country to seek ways to mobilise at least 136 billion USD for national development from now through 2010.
He made the request during separate visits to the Hanoi Securities Trading Centre (HNSTC) and the Bank for Investment and Development of Viet Nam (BIDV) in Ha Noi on Feb 6.
At the HNSTC's headquarters, the PM beat the gong to kick off its first transaction session of the year.
He noted that the securities market, though still a new sphere of business in Viet Nam, has played an important role in the market-driven economy.
The stock market must achieve a growth rate of 150 per cent per year from now through 2010 so that it can lure in around 16 billion USD for the country, PM Khai noted.
At the same time, he reminded the HNSTC's staff of the importance and sensitivity of the stock market particularly and the financial market generally.
He stressed, "Mistakes are not allowed to be made here because they can harm the national economy."
While working with the BIDV staff, the Government leader said "The BIDV and other banks should make all-out efforts to mobilise at least 120 billion USD for development investment from now through 2010."
Banks should also reserve loans for small and medium-sized businesses to promote their growth and for poor households and economically-underdeveloped areas to help them improve their living conditions and reduce poverty, the Government leader said.

 

 
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Financial workers should lure $136b for nat'l dev
 

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