WB ready to cooperate with Vietnam in different fields: Managing Director of Operations
The World Bank stands ready to support and cooperate with Vietnam in many spheres like climate change response and renewable energy development, said WB Managing Director of Operations Axel van Trotsenburg on November 4.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has an online working session with WB Managing Director of Operations Axel van Trotsenburg. (Photo: VGP)
Hanoi (VNA)– The World Bank stands ready to support and cooperate with Vietnam in manyspheres like climate change response and renewable energy development, said WBManaging Director of Operations Axel van Trotsenburg on November4.
Atan online working session with Deputy Prime Minister and Foreign Minister PhamBinh Minh, Trotsenburg affirmed that therelationship between Vietnam and the WB is developing fruitfully, saying thebank is willing to engage in flexible exchanges amidst COVID-19 to further boostthe links.
The WBleader expressed his sympathies over the huge losses caused by recent floods in Vietnam’scentral region, and lauded the country’s efforts in containing the pandemic whilemaintaining economic growth.
For hispart, Minh said Vietnam treasures the valuable and effective support of the WBand Trotsenburg himself to Vietnamover the past time.
TheVietnamese Government always considers the bank an important developmentpartner, he said, adding that many WB-funded projects and policy consultationshave significantly contributed to the national socio-economic development.
Minh calledon the WB to continue its development financial aid and accompany Vietnam inpolicy and development orientation making in the time ahead, particularly inbuilding the socio-economic development plan and the mid-term public investmentplan for 2021-2025.
Appreciatingthe bank’s non-refundable aid worth 6.2 million USD for Vietnam in the COVID-19combat, the official suggested it to give more resources to the country in thisregard.
He alsoproposed the WB closely coordinate with Vietnamese ministries and agencies to remove bottlenecks in the disbursement of the loans from the bank and other donorsin Vietnam./.
The World Bank (WB) has revised down Malaysia’s economic growth forecast this year to a contraction of 4.9 percent, from an early estimate of minus 3.1 percent, following a sharper than expected contraction in the second quarter of 2020.
The World Bank (WB) on September 30 said it has approved a loan worth 600 million USD to support the Philippine government's efforts to sustain social protection for the poor and most vulnerable families amid the COVID-19 pandemic.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
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.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has an online working session with WB Managing Director of Operations Axel van Trotsenburg. (Photo: VGP) 
