NA Chairwoman Nguyen Thi Kim Ngan (L) welcomes Kristalina Georgieva, the World Bank's CEO in Hanoi. (Photo: VNA) Expressed her pleasure with fruitful cooperation between Vietnam and the WB showedin WB-assisted projects on poverty reduction and economic development, the NAChairwoman stressed Vietnam’s commitment to use capital resources from the WBin an effective manner.
She said Vietnam gives first priority to maintaining macroeconomic stability, acceleratingthe implementation of strategic breakthroughs, economic restructuring andgrowth model renewing, ensuring social welfare, and coping with climate change.
As a developing country, Vietnam still faces difficulties and challenges in itsintegration and economic development, and the country is heavily affected byclimate change, including sea level rise, Ngan said. Therefore, Vietnam needs supportfrom the international community, including the WB, to fulfil its goals.
She spoke highly of the WB’s drafting the Vietnam-WB country partnership framework(CPF) for 2017-2022, hoping it will be a strategic document to implement set policiesand development goals. She asked the WB to closely work with governmentagencies to reach agreement on detailed contents and complete the important documentsoon.
The Vietnamese National Assembly continues to promote its role of supervisingthe implementation, management and use of the WB’s assistance, thus ensuringthe effective use of the capital sources, Ngan affirmed.
Georgieva, for her part, said the WB is willing to support Vietnam to obtain achievementsin implementing its policies, socio-economic development plan for 2016-2020.
In 2017, the WB puts aside 1.8 billion USD to aid Vietnam in many fields suchas poverty reduction, water resources management, agriculture, urban development,issues related to dam safety, effective use of resources.
The bank will also support the NA’s law making, and cooperate with theGovernment in State-owned enterprise reform, finance, and climate changeadaptation, she said, emphasising in investment in education to create a long-lifelearning opportunity for people.-VNA
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