Vietnam considers WB very important, reliable partner: Top legislator

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(VOVWORLD) - The World Bank (WB) has always been a very important and reliable partner of Vietnam, affirmed National Assembly (NA) Chairman Vuong Dinh Hue while hosting WB Managing Director of Operations Axel van Trotsenburg in Hanoi on Tuesday.
Vietnam considers WB very important, reliable partner: Top legislator - ảnh 1National Assembly Chairman Vuong Dinh Hue (R) receives WB Managing Director of Operations Axel van Trotsenburg in Hanoi on July 19, 2022.

Saying the close cooperation between the two sides has reaped many achievements, Mr. Trotsenburg stated that the WB wants to assist the country in building the Vietnam 2045 report.

With changes happening all over the world that affect Vietnam, this is the right time to research and consider ways to help Vietnam achieve its development goals by 2030 and 2045, as well as for the WB to help the country obtain the best results, he added.

Welcoming such assistance, Chairman Hue suggested the research process be conducted in phases to support and advise on specific issues for Vietnam’s realisation of its development goals by 2030 and 2045.

Regarding the global targets of net zero emissions, energy transition and climate change adaptation, Mr. Hue hoped that the WB, with its resources and responsibility, will have a voice, solutions and ways to aid countries without creating a larger gap between developed and developing nations.

He asked the WB to give priority to supporting Vietnam in building "soft infrastructure", including financial and technical assistance for the improvement of institutions, policies and development ecosystems. For "hard infrastructure", he suggested the WB focus on consulting and assisting Vietnam in building inter-regional key national projects, creating a driving force for regional growth and climate change adaptation.

The NA Chairman also welcomed the WB's many activities in support of the Mekong Delta region’s response to climate change and recommended that both structural and non-structural solutions be launched. 

Agreeing with his host’s opinions and suggestions, Mr. Trotsenburg affirmed that the WB is ready to offer support in areas that Vietnam needs to focus on and accelerate to realise its development goals by 2030.

He also highlighted the organisation’s willingness to discuss further with the NA and its agencies on policy options to effectively implement its sustainable development goals. 

The WB wants to be an effective partner of Vietnam in the field of climate change response, he added. 

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