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07/27/07 4:34 AM

#821 RE: RICK C #820

WB President to visit Viet Nam

VNECONOMY updated: 27/07/2007


The World Bank's newly elected President Robert B. Zoellick will visit Viet Nam from August 5-7, according to the bank's representative office in Ha Noi.

While in Viet Nam, the WB President will meet with governmental officials, business leaders and members of social and non-governmental organisations, and call at poor rural areas that benefit from WB-funded development projects.

"Viet Nam is a great development story from which many developing countries can learn," said Zoellick.

"I want to listen to our partners and learn how the government has used the money and development expertise provided through the International Development Association (IDA). It is one of the most powerful examples of how IDA works as a platform that supports the work of all donors and development partners," he said.

According to experts, the trips, which complement a visit made by Zoellick last month to Sub-Saharan Africa as a nominee to the WB post, is aimed at listening and learning how the WB can play a more effective role in promoting global development.

Source: Vietnam Agency