Party General Secretary and State President To Lam (R) and WB President Ajay Banga (Photo: VNA)

Vietnam is one of the WB’s especially important partners, Banga said and proposed the two sides continue promoting cooperation to improve the infrastructure system of waterway, road and railway, especially in the Mekong region, accelerate the sustainable energy transition and spread Vietnam's success in low-emission rice farming.

The Vietnamese leader highly valued the bank’s role in promoting poverty reduction and handling global challenges, and its strategic vision “To create a world free of poverty – on a livable planet”, saying it is a foundation to open up new development cooperation programmes focusing on sustainable development and green transition.

Lam affirmed Vietnam always prioritises strengthening and consolidating relations with the WB, suggesting the bank continue to support resources for Vietnam to implement potential, key and breakthrough projects, associated with renewing the growth model, restructuring the economy, promoting energy transition and climate change response, improving the economy's resilience to fluctuations, risks, and unpredictable changes in the international environment.

Agreeing with Lam’s proposals, Ajay affirmed the priority to allocating large capital resources to Vietnam, with focus on key projects in priority areas proposed by the Vietnamese top leader.