WB always contributes to Vietnam’s socio-economic development: PM
The World Bank (WB) is a very important development partner, which always supports and actively contributes to Vietnam’s socio-economic development, Prime Minister Pham Minh Chinh has said.
Prime Minister Pham Minh Chinh (C) speaks at the meeting (Photo: VNA)
Hanoi (VNA) – The World Bank (WB) is a very important developmentpartner, which always supports and actively contributes to Vietnam’ssocio-economic development, Prime Minister Pham Minh Chinh has said.
Welcoming visiting WB Regional Vice President for East Asiaand the Pacific Victoria Kwakwa on June 28, PM Chinh appreciated the bank’seffective macro policy consultancy that conforms with the country’s development orientationsand goals in different periods.
He thanked the WB for supporting Vietnam to delay quickrepayment of IDA loans to have more resources for fighting COVID-19 and sustainingeconomic growth, and spoke highly of the bank’s initiative to back countries,including Vietnam, in the fight against the pandemic.
Kwakwa agreed to help Vietnam have equal access andnegotiate contracts with COVID-19 vaccine producers in the world quickly andeconomically; give priority to providing financial sources for vaccine purchaseand domestic vaccine production technology transfer; and promote the implementationof contracts signed with partners such as Pfizer and AstraZeneca to delivervaccines to Vietnam as soon as possible.
The two sides discussed and reached consensus on theimplementation of cooperation programmes and projects in the coming time tohandle challenges, promote green growth, innovation, digital transformation andinclusive growth.
Prime Minister Pham Minh Chinh welcomes WB Regional Vice President for East Asia and the Pacific Victoria Kwakwa (Photo: VNA)
They also discussed solutions to maintain innovations and overcomelimitations and shortcomings in the construction on ODA programmes and projectsand in ODA disbursement in Vietnam.
PM Chinh mentioned some development orientations and proposedthe WB to support and provide consultancy to perfect and promote the green growthstrategy. He affirmed that Vietnam definitely does not exchange social progress and equality for economic growth alone.
Kwakwa said she was impressed by the achievements gained byVietnam in carrying out the dual targets of pandemic prevention and control, andeconomic development.
She thanked the Vietnamese Government for working closelywith the WB in implementing cooperation programmes over the past years andemphasized that it will continue to accompany the government.
The official also expressed her trust in PM Chinh’s views on thegreen growth strategy, pledging to give priority to supporting Vietnam in thisfield with specific cooperation projects and programmes, providing policyconsultancy and helping the country develop the 2045 Report to achieve itsset strategies and plans towards the goal of building Vietnam into a developedand high-income country by 2045./.
Representatives of international organisations in Vietnam have spoken highly of the solidarity and sense of responsibility amongst the people in the COVID-19 fight through the vaccine fund initiative.
The Vietnamese Government plans to borrow more than 1.7 quadrillion VND (73.2 billion USD) in the 2021-2023 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.
Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung proposed the World Bank continue to help Vietnam in addressing core issues in social welfare, poverty reduction, and in narrowing the gap between regions at his meeting with WB Country Director for Vietnam Carolyn Turk on June 17.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
The ministry has instructed Vietnamese representative agencies in Israel, Iran, as well as those in neighbouring countries, to closely monitor the situation and request local authorities to ensure absolute safety for Vietnamese citizens living, studying, and working in high-risk areas.
Senior Vietnamese leaders on June 19 sent letters of congratulations to New Zealand leaders on the occasion of the 50th founding anniversary of Vietnam – New Zealand diplomatic relations (June 19, 1975 – 2025).
The Party chief attributed the achievements in the first half to the continuous, direct, and comprehensive leadership of the Politburo and the Secretariat of the Party Central Committee, and the close and effective coordination of relevant ministries, sectors and localities.
General Nguyen Tan Cuong, Chief of the VPA’s General Staff and Deputy Minister of National Defence reaffirmed Vietnam’s unwavering gratitude for Cuba’s invaluable support during its struggle for independence and nation-building efforts, and pledged to stand shoulder-to-shoulder with Cuba as it navigates current challenges.
Prime Minister Pham Minh Chinh (C) speaks at the meeting (Photo: VNA) 
Prime Minister Pham Minh Chinh welcomes WB Regional Vice President for East Asia and the Pacific Victoria Kwakwa (Photo: VNA) 
