Prime Minister Nguyen Xuan Phuc (R) and the World Bank's Vice President for Infrastructure Makhtar Diop (Photo: NDO/Tran Hai) |
During his visit to Vietnam from Wednesday to Friday, the bank official praised Vietnam’s efforts in setting up plans for and prioritizing the national key infrastructure projects. With Vietnam’s rapid economic growth of nearly 7.1% in 2018, Vietnam is expected to spend 25 billion USD on infrastructure development annually. Mr. Diop also underscored that investments of large-scale and high-quality on Vietnam’s infrastructure will play a vital role in maintaining Vietnam’s economic growth in the medium to long term.