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Viet Nam leaders applaud WB support of local development

Written By Unknown on 2/27/2016 | 2/27/2016

HA NOI (VNS) — Prime Minister Nguyen Tan Dung expressed appreciation for the WB's co-operation in Viet Nam's socio-economic development, especially in poverty reduction and sustainable development as he met with World Bank (WB) Group President, Jim Yong Kim, in Ha Noi yesterday.
He also spoke highly of the close coordination between Vietnamese agencies and the WB in preparing the report, "Vietnam 2035: Towards Prosperity, Creativity, Equity and Democracy."

The report includes concrete targets and recommendations that match Viet Nam's development orientation, the PM said, highly valuing Kim's presence in the country to unveil the report.

During the three decades of Doi Moi (renewal), Viet Nam has made substantial and historic accomplishments.

Work Bank (WB) Group President Jim Yong Kim (second from left) presents Viet Nam 2035 report, prepared jointly by the Government of Viet Nam and WB Group, to Prime Minister Nguyen Tan Dung (second from right) yesterday in Ha Noi. — VNA/VNS Photo Duc Tam

However, Viet Nam is also facing major problems, especially the low level of development, the severe impacts of climate change and lingering consequences from past wars.

With local socio-economic infrastructure and manpower training quality not yet meeting development demands, the challenges posed by international economic integration were big, the Cabinet leader noted.

He expressed his hope for the WB's cooperation, particularly through supporting resources, in seeking preferential sources of sponsorship, policy consultancy and technical assistance, to fulfill the country's development goals.

Kim said Viet Nam attained numerous achievements, particularly in socio-economic development, poverty elimination, narrowing the development gap and the improvement of people's living standards.

He said that with the achievements already made, a long-term vision, intensive international integration, and efforts made by each citizen, Viet Nam would make even greater strides in the future.

The WB Group had continually followed and admired Viet Nam, which had become one of the world's great development success stories, and was ready to stand side-by-side with Viet Nam. Kim believed that the country would reach a developed and high-income status.

He noted that his delegation's presence in Ha Noi to release the Viet Nam 2035 report demonstrated the WB's strong commitment to Viet Nam's development, and that the World Bank Group would help the country access concessional long-term loans to develop renewable energy, education and health care.

At the end of the meeting, WB Group President Kim presented PM Dung with the Viet Nam 2035 report, which was compiled over more than a year by Vietnamese and WB specialists.

The report suggests directions and measures in fields that Viet Nam should focus on to become an industrialised and upper-middle income nation by 2035, ensure social progress and equality, and strengthen the State's capacity and accountability.


S: Vietnamnews.vn
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