World Bank asked to continue providing technical support for Vietnam
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh has suggested that the World Bank (WB) continue providing Vietnam with capital and technical support and have a mechanism for the country’s ‘graduation’ from international development assistance (IDA) sources to maintain its sustainable achievements in socio-economic development and poverty reduction.
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh (R) and World Bank's Vice President for Infrastructure Makhtar Diop (Photo: VNA)
Hanoi (VNA) – Head of the PartyCentral Committee’s Economic Commission Nguyen Van Binh has suggested that theWorld Bank (WB) continue providing Vietnam with capital and technical supportand have a mechanism for the country’s ‘graduation’ from internationaldevelopment assistance (IDA) sources to maintain its sustainable achievementsin socio-economic development and poverty reduction.
Binh made the recommendation at a reception forWB’s Vice President for Infrastructure Makhtar Diop in Hanoi on February 21.
The official spoke highly of Diop’s active andimportant contributions to supporting Vietnam to mobilise investment sources inthe fields of energy, transport, digital development, infrastructure, andpublic-private-partnership (PPP).
He said that the Vietnamese Party and Governmenthave been persistent in pursuing the goal of macroeconomic stability; focusingon growth quality, accelerating economic restructuring; and determining theconstruction of synchronous infrastructure as one of the breakthroughstrategies.
He hoped that the WB would support Vietnam inbuilding a comprehensive legal framework on public-private partnership (PPP) tofurther encourage the private sector to make effective investments, especiallyin infrastructure projects in Vietnam.
Diop informed his host about the priorities ofprogrammes that the bank is carrying out in Vietnam in the field ofinfrastructure.
He asserted that the WB will continuecooperating and supporting Vietnam in the time ahead. –VNA
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Head of the Party Central Committee’s Economic Commission Nguyen Van Binh (R) and World Bank's Vice President for Infrastructure Makhtar Diop (Photo: VNA)
