Deputy PM Trinh Dinh Dung (R) talks with AIIB Vice President for Policy and Strategy Joachim von Amsberg Deputy Prime Minister Trinh Dinh Dung made the statement at a reception for AIIB Vice President for Policy and Strategy Joachim von Amsberg in Hanoi on September 11. The official congratulated the AIIB on its recent attainments, saying that the bank has financed 29 projects worth US$5.85 billion for 13 countries and its members increased by 30 from the initial 57. He spoke highly of the AIIB’s commitment to willingly helping Vietnam access its capital sources to develop infrastructure serving the country’s socio-economic growth. According to the Deputy PM, Vietnam has huge demand for infrastructure development investment, especially for expressways, seaports, renewable energy and urban development. As public debts are at a high level, capital sources from private sector will make an important contribution to the national development, gradually replacing public investment from the State budget in the future, he said. “The Vietnamese Government will create all conditions for businesses to mobilise capital sources, especially those from international financial organisations like the AIIB, without Government guarantee,” Dung said. In order to meet current investment demand, the Government pledges to stabilise policies and… Read full this story
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