WB always contributes to Viet Nam’s socio-economic development: Prime Minister Pham Minh Chinh
The World Bank (WB) is a very important development partner, which always supports and actively contributes to Viet Nam’s socio-economic development, Prime Minister Pham Minh Chinh has said.
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| Prime Minister Pham Minh Chinh and WB Regional Vice President for East Asia and the Pacific Victoria Kwakwa at the reception. (Photo: VGP) |
Welcoming visiting WB Regional Vice President for East Asia and the Pacific Victoria Kwakwa on June 28, PM Chinh appreciated the bank’s effective macro policy consultancy that conforms with the country’s development orientations and goals in different periods.
He thanked the WB for supporting Viet Nam to delay quick repayment of IDA loans to have more resources for fighting COVID-19 and sustaining economic growth, and spoke highly of the bank’s initiative to back countries, including Viet Nam, in the fight against the pandemic.
Kwakwa agreed to help Viet Nam have equal access and negotiate contracts with COVID-19 vaccine producers in the world quickly and economically; give priority to providing financial sources for vaccine purchase and domestic vaccine production technology transfer, and promote the implementation of contracts signed with partners such as Pfizer and AstraZeneca to deliver vaccines to Viet Nam as soon as possible.
The two sides discussed and reached a consensus on the implementation of cooperation programmes and projects in the coming time to handle challenges, promote green growth, innovation, digital transformation and inclusive growth.
They also discussed solutions to maintain innovations and overcome limitations and shortcomings in the construction of ODA programmes and projects and in ODA disbursement in Viet Nam.
PM Chinh mentioned some development orientations and proposed the WB to support and provide consultancy to perfect and promote the green growth strategy. He affirmed that Viet Nam definitely does not exchange social progress and equality for economic growth alone.
Kwakwa said she was impressed by the achievements gained by Viet Nam in carrying out the dual targets of pandemic prevention and control, and economic development.
She thanked the Vietnamese Government for working closely with the WB in implementing cooperation programmes over the past years and emphasized that it will continue to accompany the government.
The official also expressed her trust in PM Chinh’s views on the green growth strategy, pledging to give priority to supporting Viet Nam in this field with specific cooperation projects and programmes, providing policy consultancy and helping the country develop the 2045 Report to achieve its set strategies and plans towards the goal of building Viet Nam into a developed and high-income country by 2045.
(Source: VNA)
