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Deputy PM talks with representatives of US Navy, ADB

Deputy Prime Minister Nguyen Xuan Phuc met with a US Pacific Fleet officer and an Asian Development Bank (ADB) executive in Jakarta, Indonesia, on April 21, stressing Vietnam’s appreciation of its partnership with the two sides.
Deputy Prime Minister Nguyen Xuan Phuc met with a US Pacific Fleetofficer and an Asian Development Bank (ADB) executive in Jakarta,Indonesia, on April 21, stressing Vietnam’s appreciation of itspartnership with the two sides.

The meetings took place on the fringe of the ongoing World Economic Forum on East Asia.

Talking to Commander of the US Pacific Fleet Admiral Harry B. Harris,Deputy PM Phuc said Vietnam attaches special importance to itscomprehensive cooperation with the US, adding that the two countrieshave established defence dialogues in line with their signed memorandumof understanding.

They have actively collaboratedin war aftermath settlement and the United Nations’ peacekeepingactivities. The two navies have also had practical and efficientaffiliation, as evidenced by the latest visit to Vietnam by the USSecretary of the Navy Ray Mabus and two naval vessels, the officialnoted.

Meeting with ADB Vice President StephenGroff, Phuc expressed his delight at the developing cooperation betweenVietnam and the bank and appreciated the ADB’s commitment to maintainingofficial development assistance provision for the Southeast Asiancountry.

The Vietnamese Government pledged toefficiently use the ADB’s support which has greatly contributed to localsocio-economic development, especially infrastructure building, hesaid.

The country hopes to receive concessionalloans of 350 million USD per year from the bank’s Asian Development Fundto facilitate economic restructuring and industrialisation, the DeputyPM noted, suggesting the ADB assist in environmental, climate changeadaptation and social welfare issues.

He also spokehighly of the bank’s help in piloting public-private partnership (PPP)in Vietnam and hoped for further aid in this sphere, especially thebank’s experience in attracting private sector participation in PPPprojects.-VNA

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Illustrative image (Photo: VNA)

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☀️ Morning digest on June 18

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