VietNamNet Bridge – The World Bank (WB) is willing to work with Vietnam in infrastructure development and wants to share Vietnam’s experience with other countries in this sphere, said WB Vice President for Infrastructure Makhtar Diop.

Prime Minister Nguyen Xuan Phuc (right) hosts World Bank Vice President for Infrastructure Makhtar Diop in Hanoi on Thursday. — VNA/VNS Photo

During a meeting with Prime Minister Nguyen Xuan Phuc on Thursday in Hanoi, the bank official congratulated Vietnam on its impressive achievements in economic growth and social welfare.

Many countries could learn from Vietnam’s experience in successfully transferring from a low-income to middle-income nation, while ensuring macro-economic and social stability, he said.

He hoped Vietnam would continue playing an important role in developing the region and sub-region.

Diop appreciated Vietnam’s power energy development, saying the WB is ready to assist the country in building the North-South Expressway and waterway, as well as developing energy and a power network, especially solar power systems.

PM Phuc thanked the WB for its support for Vietnam’s development in recent years, particularly in poverty reduction, infrastructure and energy development, mining, financial infrastructure and digitalisation, while saying Vietnam is committed to fulfilling its agreements with the WB.

Vietnam holds great investment demand for development, he said, asking for the WB’s assistance to develop the key fields of clean energy, infrastructure and to improve institutions under the public-private partnership investment format.

The Vietnamese leader said he hopes WB will work closer with his country, providing it with technical assistance and non-refundable aid during its development.

On the same day, at the meeting with Diop, head of the Party Central Committee’s Economic Commission Nguyen Van Binh suggested the WB continue providing Vietnam with capital and technical support to help the country maintain its achievements in socio-economic development and poverty reduction.

Source: VNS