The Vietnamese Government will work closely with the World Bank to improve the effectiveness, efficiency, and timeliness of the bank’s aid, Prime Minister Nguyen Tan Dung has said.
PM Nguyen Tan Dung made the statement at a reception for visiting World Bank East Asia and Pacific Regional Vice President Axel van Trotsenburg in Hanoi on May 7.
During the meeting, the PM talked about the positive developments of the Vietnam-World Bank relationship, and expressed his gratitude to the bank for its aid programmes and pragmatic policies and the advice it has provided to Vietnam in the past.
The PM stated further that he hopes that the bank will continue to support Vietnam’s socio-economic and infrastructure development, human resources training and poverty reduction programmes while providing more practical and pragmatic policy advice to the country.
For his part, Axel van Trotsenburg, who is on a tour of Vietnam from May 6-9, pledged that the bank will continue granting Vietnam financial resources to the greatest extent possible in order to help the country achieve its socio economic goals.
He suggested the two sides work closely with each other in overseeing the WB’s aid at the highest level.
Vice President Trotsenburg also pledged that his bank will always stand side by side with Vietnam, especially in providing policy advice relating to stabilising the economy and maintaining growth.
The bank is willing to assist Vietnam in accessing capital resources and promoting public-private trade relationships as well as in new business trade areas that Vietnam has demand, he added.