Party official applauds WB’s country partnership framework
Chairman of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh applauded the World Bank (WB)’s building of a Country Partnership Framework for Vietnam for 2017-2022 while receiving WB Country Director Ousmane Dione on April 10.
Chairman of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R) receives WB Country Director Ousmane Dione (Photo: VNA)
Hanoi (VNA) – Chairman of the Party CentralCommittee’s Commission for Economic Affairs Nguyen Van Binh applauded the WorldBank (WB)’s building of a Country Partnership Framework (CPF) for Vietnam for2017-2022 while receiving WB Country Director for Vietnam Ousmane Dione onApril 10.
At the meeting in Hanoi, Politburo member Binhvalued the WB’s support to Vietnam to make great and firm strides instabilising the macro-economy, maintaining the economic growth, developing thefinancial market, and enhancing integration into the region and the world.
He briefed his guest on the country’s economicsituation, along with some major policies aimed to press ahead with reformingthe growth model and improving growth quality, labour productivity, and theeconomy’s competitiveness.
The Vietnamese Party and Government pursues thegoals of keeping macro-economic stability, increasing growth quality, andaccelerating economic restructuring, he affirmed.
Binh said the strategic orientations in the WB’sCPF, which is a framework for bilateral cooperation, match the developmentorientations set up by the Vietnamese Party, State, and Government.
He asked the WB to include concrete support fromother resources of the bank in the CPF. That will help Vietnam to adapt to theshortage of concessional loans during its graduation from the WB’sInternational Development Association (IDA), and to capitalise on that aid topromote poverty reduction and maintain socio-economic development achievements,especially in disadvantaged areas like the northwestern region.
For his part, WB Country Director Dione said heis impressed with the local socio-economic accomplishments in recent years.
He informed Binh about the basic content,prioritised focuses and the mode of implementation of the CPF, adding that theWB will increase cooperation with and assistance for Vietnam.
The same day in Hanoi, Binh received Ambassador Bruno Angelet, head of theEuropean Union delegation to Vietnam. The two sides discussed economic andtrade cooperation between Vietnam and the EU, and preparation for theratification and enforcement of the EU-Vietnam Freed Trade Agreement (EVFTA).-VNA
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Chairman of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R) receives WB Country Director Ousmane Dione (Photo: VNA) 
