Prime Minister Pham Minh Chinh and Ms. Mariam J. Sherman, Country Director of the World Bank (WB) Office for Vietnam, Laos and Cambodia. (Photo: VOV)

Chinh said the Vietnamese Government always regards the WB as an important, close, and trusted partner that has provided great support and made positive contributions to Vietnam’s socio-economic development.

Chinh expressed his desire that the WB will uphold its role as a leading development partner, share its experience, and enhance support for Vietnam in maintaining macroeconomic stability and promoting rapid and sustainable growth. He also called for the bank’s assistance in materializing green, digital and circular economy initiatives, as well as in strengthening the country's competitiveness and resilience to external shocks.

Prime Minister Pham Minh Chinh receives Ms. Mariam J. Sherman, Country Director of the World Bank (WB) for Vietnam, Laos and Cambodia. (Photo: Duong Giang/VNA)

The PM suggested Sherman offer practical proposals and recommendations to the Vietnamese Government in developing policies and cross-regional and international cooperation programs in areas of mutual interest such as transportation, energy, climate change response, and integrated water resource management.

Sherman congratulated Vietnam on its recent socio-economic achievements and praised the country's national development strategy in the new era, affirming that the WB supports and will accompany and assist Vietnam in this scheme, especially in its priority areas proposed by the country, including a 11-billion-USD loan in the next five years.

The WB official said bank will seek additional concessional funding sources and provide policy, technical and expert consultation to help Vietnam effectively implement projects funded by the bank and other donors.