NA Chairman meets WB President in the US

Vietnam wishes to receive additional support from the World Bank (WB) in order to finalise its market economy policies, National Assembly Chairman Nguyen Sinh Hung told WB President Jim Yong Kim during their meeting in the US on September 8 (Vietnam local time).

 

As one of the countries most affected by climate change, Vietnam proposed the bank assist the south-east Asian nation in coping with the phenomenon, he said.

 

Both hailed the rewarding developments in co-operation between Vietnam and the WB, noting that many WB-funded projects in the Southeast Asian country have proven effective and contributed to the country’s economic growth.

 

During the Doi Moi (reform) process, Vietnam received support from the bank in personnel training, experience sharing, building financial policies and implementing the UN Millennium Development Goals (MDGs) on community-based poverty reduction in particular, they said.

 

President Jim Yong Kim highly valued Vietnam’s socio-economic achievements in recent years, particularly those in realising sustainable development goals (SDGs).

 

The WB continually aims to assist the development of all nations, including Vietnam, he stressed, adding that the bank will consider assisting the country in combating climate change.

 

On the same day, NA Chairman Hung attended a WB-organised seminar on the Vietnamese legislature’s increasingly important role in national development.

 

In his remarks, the legislator said that Vietnam has made great strides in development, from urban to rural areas and in all socio-economic sectors.

 

The country has realised the UN MDGs, he affirmed, stressing the substantial support and high sense of responsibility of the WB during the process.

 

With continuous overhauls, the Vietnamese legislature has affirmed its role as the highest State power body and the highest representative body of the people, striving to improve the quality of State management, accelerate sustainable development and improve local living standards, the NA Chairman noted.

 

He used the occasion to inform the WB on Vietnam’s Constitution which advocates for a socialist-oriented market economy, social welfare, human rights and citizens’ freedom and democracy.

 

Keeping peace, ensuring national security, protecting the nation’s sovereignty and coping with climate change remain Vietnam’s top priorities, the top legislator said, adding that the last is critical to the country’s effective implementation of the SDGs.

 

Prior to attending other events at the WB headquarters, NA Chairman Hung and his entourage visited monuments dedicated to Abraham Lincoln, the US’s 16th President, and Martin Luther King, a US civil rights activist of African origin.

 

(Source: nhandan.org.vn)