The World Bank, a very important development partner of Vietnam: PM | national

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Prime Minister Pham Minh Chinh (R) meets with World Bank Regional Vice President for East Asia and the Pacific Manuela V. Ferro in Hanoi on March 21. (Photo: VNA)

Appreciating the WB’s active contributions to the socio-economic development of the country, the host leader said that the Vietnamese government welcomes the WB’s initiatives and support to countries in the fight against Covid-19, especially the provision of $6.2 million in grant aid to Vietnam in 2020.

Faced with many changes with new trends in the world and the region, especially in the post-pandemic period, Prime Minister Chinh called on the WB to help the country continue to access grant aid programs, to “soften” loans and increase grants. advice and sharing of international experience, thus enabling Vietnam to align its policies in a timely manner with the situation and to take advantage of new sources of sustainable growth.

He also asked the bank to work closely with the country to develop the Vietnam 2045 report which corresponds to the country’s objectives and directions for 2030 and its vision for 2045.

The Head of Government suggested that in the coming times, bilateral cooperation be favored for major interregional projects and development facilitators such as those on transport and health infrastructure, education, adaptation to climate change, the reduction of greenhouse gas emissions, the digital economy and the digital. transformation, innovation, macroeconomic stabilization and improved competitiveness.

Vietnam will continue to consult with the World Bank and the Group of Six Development Banks on measures to perfect mechanisms and policies related to official development assistance (ODA) and quickly overcome obstacles to ensure the effective realization and on time for ODA-funded projects. to him.

The Prime Minister highly appreciated and requested the WB to continue to provide assistance to Vietnam in terms of capital, technology, institution, manpower and governance for climate change response and achievement of the commitments made at COP26, with equality and justice for developing countries guaranteed.

He expressed his hope that the World Bank office in Vietnam will play a greater role in becoming the focal point for the Mekong region to better support strategic connectivity projects in this region.

For his part, Ferro applauded the country’s recent development achievements, especially in combating Covid-19, ensuring macroeconomic stability, sustaining growth, recovering and developing the economy. , and taking proactive and timely action to align policies with the situation.

She also praised Vietnam’s great potential and advantages, its strong determination in socio-economic development and its impressive commitments in responding to climate change.

The WB will continue to accompany the Vietnamese government on the path of future development and is ready to actively assist in the preparation of the Vietnam 2045 report to help the country achieve the set goals, the WB official said, adding that increased aid to Vietnam will also help. promote the common development of other countries in the region.

ANV

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