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World Bank will prioritize allocating large capital resources to Vietnam

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp26/09/2024


DNVN - World Bank (WB) President Ajay Banga affirmed that he will prioritize allocating large capital sources to Vietnam, focusing on key projects in priority areas.

On the morning of September 25 (local time), within the framework of his working trip to attend the Future Summit, the 79th United Nations General Assembly and work in the US, General Secretary andPresident To Lam received World Bank President Ajay Banga.

At the meeting, Mr. Ajay Banga affirmed that Vietnam is one of the particularly important partners of the WB. Over the past two decades, Vietnam has participated and continuously improved its position and role in the global supply chain.

The WB President proposed that the two sides continue to promote cooperation to improve the infrastructure system of waterway, road and railway transport, especially in the Mekong region. Accelerate the process of sustainable energy transition and replicate and spread Vietnam's success in low-emission rice cultivation.

General Secretary and President To Lam received World Bank President Ajay Banga.

General Secretary and President To Lam highly appreciated the role of the World Bank in promoting poverty reduction and addressing global challenges. In the context of a world undergoing profound transformation, the General Secretary and President welcomed the World Bank’s Strategic Vision on “Building a world without poverty on a livable planet” with the correct identification of important priorities for humanity.

This is the foundation for opening up new development cooperation programs focusing on sustainable development and green transformation. Vietnam always prioritizes strengthening and consolidating relations with the WB, and requests that both sides accelerate the unification of the Country Partnership Framework (CPF) between Vietnam and the WB, as a basis for orienting cooperation between the two sides in the coming time.

The General Secretary and President requested the WB to continue providing resources for Vietnam to implement potential, key, and breakthrough projects, linked to the tasks of renewing the growth model, restructuring the economy, and converting energy. At the same time, it is necessary to support projects on climate change response, enhancing the economy's resilience to fluctuations, risks, and unpredictable changes in the international environment.

The WB President affirmed that he will prioritize allocating large capital sources to Vietnam, focusing on key projects in priority areas proposed by General Secretary and President To Lam. He hopes to return to Vietnam soon to further promote bilateral cooperation, for the development of Vietnam in particular and the Asian region in general.

Ha Anh



Source: https://doanhnghiepvn.vn/kinh-te/tai-chinh-ngan-hang/ngan-hang-the-gioi-se-uu-tien-phan-bo-nguon-von-lon-cho-viet-nam/20240926011342335

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