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World Bank is a top development partner of Viet Nam

VGP – PM Nguyen Xuan Phuc affirmed the World Bank is one of Viet Nam’s top development partners during his reception for Managing Director and Chief Financial Officer Joaquim Levy in Ha Noi on Saturday.

March 31, 2018 6:20 PM GMT+7

PM Nguyen Xuan Phuc (R) welcomes World Bank Managing Director and Chief Financial Officer Joaquim Levy on the sidelines of the 6th GMS Summit and the 10th CLV Development Triangle Area Summit in Ha Noi on March 31, 2018. Photo: VGP

He called for more support, including finance and policy, from the World Bank for Viet Nam to cope with climate change and boost development of other key areas like infrastructure, education, renewable energy and economic restructuring.

Viet Nam considers businesses as the core force in accelerating economic growth, in which private sector takes an important role, PM Phuc said.

The Government chief also took the occasion to call on the World Bank to play a greater role in the cooperation process of the Greater Mekong Subregion (GMS) and the Cambodia – Laos – Viet Nam (CLV) Development Triangle Area.

Joaquim, who is in Viet Nam to attend the 6th GMS Summit and the 10th CLV Development Triangle Area Summit, spoke highly of the good and effective cooperation between Viet Nam and the Mekong Subregion countries, adding that it could be a good experience for many countries across the world.

He also highly valued Viet Nam’s robust development over the past years, especially in pursuing inclusive and fair growth.

The World Bank and the Asian Development Bank have conducted a number of projects to help Viet Nam reform tax sector and other areas, according to World Bank Managing Director Joaquim Levy.

By Quang Minh