World Bank asked to continue providing technical support for Vietnam

Head of the Party Central Committee’s Economic Commission Nguyen Van Binh has suggested that the World Bank (WB) continue providing Vietnam with capital and technical support and have a mechanism for the country’s ‘graduation’ from international development assistance (IDA) sources to maintain its sustainable achievements in socio-economic development and poverty reduction.
World Bank asked to continue providing technical support for Vietnam ảnh 1Head of the Party Central Committee’s Economic Commission Nguyen Van Binh (R) and World Bank's Vice President for Infrastructure Makhtar Diop (Photo: VNA)

Hanoi (VNA) –
Head of the PartyCentral Committee’s Economic Commission Nguyen Van Binh has suggested that theWorld Bank (WB) continue providing Vietnam with capital and technical supportand have a mechanism for the country’s ‘graduation’ from internationaldevelopment assistance (IDA) sources to maintain its sustainable achievementsin socio-economic development and poverty reduction.

Binh made the recommendation at a reception forWB’s Vice President for Infrastructure Makhtar Diop in Hanoi on February 21.

The official spoke highly of Diop’s active andimportant contributions to supporting Vietnam to mobilise investment sources inthe fields of energy, transport, digital development, infrastructure, andpublic-private-partnership (PPP).

He said that the Vietnamese Party and Governmenthave been persistent in pursuing the goal of macroeconomic stability; focusingon growth quality, accelerating economic restructuring; and determining theconstruction of synchronous infrastructure as one of the breakthroughstrategies.

He hoped that the WB would support Vietnam inbuilding a comprehensive legal framework on public-private partnership (PPP) tofurther encourage the private sector to make effective investments, especiallyin infrastructure projects in Vietnam.

Diop informed his host about the priorities ofprogrammes that the bank is carrying out in Vietnam in the field ofinfrastructure.

He asserted that the WB will continuecooperating and supporting Vietnam in the time ahead. –VNA 
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.