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Re: RICK C post# 1044

Thursday, 05/08/2008 6:52:36 PM

Thursday, May 08, 2008 6:52:36 PM

Post# of 1139
Viet Nam hopes for stronger ties with WB

(08-05-2008)

HA NOI — Viet Nam always hopes for more effective and practical cooperation with the World Bank (WB), especially in infrastructure construction and human resource training, Prime Minister Nguyen Tan Dung said .

Dung spoke of the aspirations at a reception for WB Country Director Ajay Chhiber in Ha Noi yesterday to mark the end of his term of office in Viet Nam .

The PM praised the WB official’s contributions, which helped strengthen ties between Viet Nam and the bank, particularly in infrastructure investment, energy, poverty reduction and policy consultancy.

Dung said he hoped WB would continue giving preferential loans to Viet Nam for development, as well as consultancy on macroeconomic policy.

He proposed the two sides co-ordinate to organise a donors’ meeting in June and carry out assistance programmes for the 2009-10 fiscal year and infrastructure investment projects.

Ajay Chhiber said he would continue to help Viet Nam and make preparations for the donors’ meeting and spoke of his experience coordinating with relevant Vietnamese agencies to build four large universities, the Da Nang-Quang Ngai highway and two energy projects.

Ajay Chhiber said the adjustment of the growth rate by the Vietnamese government was necessary in the context of the world economy and added that he would support Viet Nam in infrastructure investment and policy consultancy. — VNS

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