Hanoi (VNA) – Vietnam has made great efforts and progress insocio-economic development over the past decades, WB Regional Vice Presidentfor East Asia and Pacific Manuela V. Ferro said at a meeting with NationalAssembly Chairman Vuong Dinh Hue in Hanoi on March 22.

She said complex developments forecast for the worldin the next 30 years require longer and clearer visions, as well as national strategicorientations, pledging that the WB will provide technical consultations to helpVietnam make strategic decisions and policies.

For his part, Hue said the Vietnamese legislature hasamended laws relating to the mobilisation of resources many times, including those on the supervision of the use of official development assistance (ODA).

The government and the NA have made great efforts torestructure public finance and debt, and gained positive results, he said, addingthat the Vietnamese legislative body hopes to cooperate with the bank in thisregard.

The top legislator also noted his hope that the bankwill maintain its consultation mechanisms with Vietnamese ministries andagencies in seeking ways to raise the efficiency in using loans.

He called on the WB and other development partners to supportVietnam in consolidating its legal system, particularly institutions oneconomic development amid the Fourth Industrial Revolution and digitaltransformation.

Hue also asked for the bank’s technical and policy consultationsin such fields as sustainable development, green growth and climate changeadaptation, and in fullfilling the commitment to net-zero emissions by 2050 that Vietnammade at the 26th United Nations Climate Change Conference of the Parties(COP26).

NA agencies will organise the annual national economicforum to consult domestic and foreign scientists in policy making, he said,expressing a hope that WB will actively join the process.

Ferro emphasised that the WB hopes to enhance cooperationwith the Vietnamese legislature in the time ahead, and that WB experts areready to cooperate with the legislative body.

She said the bank is coordinating with Vietnamese agenciesto build the Vietnam 2045 report. Therefore, it would like to exchange informationwith NA agencies.

Mentioning Vietnam’s commitment at the COP26, she affirmedthat the WB will help Vietnam integrate the commitment into its development targetsin a harmonious, practical and feasible manner.

The same day, the WB Regional Vice President had ameeting with Politburo member, President of the Ho Chi Minh National Academy ofPolitics (HCMA) and Chairman of the Central Theory Council Nguyen Xuan Thang.

At the meeting, she stressed that WB will continue itssupport to the Vietnamese government in development in the time ahead, expressingher impression of Vietnam’s development achievements.

The bank is willing to assist Vietnam in building the Vietnam2045 report, thus helping the country fulfill the set strategies, plans and targets,especially in the mobilisation of social resources, infrastructure development,green growth, digital transformation and climate change response, an independent and self-reliant economy, and quick, sustainable and inclusivedevelopment, Ferro noted.

She also affirmed the bank’s readiness to cooperateand share experience with Vietnam in devising development orientations andpolicies.

For his part, Thang highlighted the bank’scontributions to Vietnam’s socio-economic development, as well as itsassistance to the HCMA, saying international cooperation has helped to improve thecapacity for training, scientific research and policy consultation of the academy’slecturers and officials. /.