At the meeting, Ms. Mariam J. Sherman congratulated Deputy Governor Nguyen Ngoc Canh on his new assignment at the State Bank of Vietnam, and concurrently as the Alternate Governor of Vietnam at the World Bank. Ms. Sherman believes that with his experience in various positions, the Deputy Governor will have multi-dimensional perspectives and further support the WB's activities in Vietnam.
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| Deputy Governor Nguyen Ngoc Canh and representatives of the International Cooperation Department and the State Bank Office received the delegation. |
On this occasion, Deputy Governor Nguyen Ngoc Canh expressed his pleasure in working with Ms. Sherman for the first time in her capacity as Country Director of the WB office in Vietnam, Laos and Cambodia. The Deputy Governor believes that with her extensive experience and achievements, Ms. Sherman will successfully lead the WB office in Vietnam, Laos and Cambodia in a period of global turmoil like today. The Deputy Governor expects that with the practical experience and successful lessons learned from her previous work, Ms. Sherman will provide effective advice and consultation to the Government to research and develop inter-regional and inter-national policies and plans in areas of common concern to the three countries such as transportation, energy, climate change response, and water resource management in the Mekong River region.
Next, Ms. Sherman shared some contents about the WB's activities in recent times and wished to continue supporting Vietnam in large-scale infrastructure projects; at the same time, affirmed to continue to cooperate closely with the State Bank - the representative agency of the Vietnamese Government at the WB.
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| Ms. Sherman shares some content about WB activities. |
Acknowledging the WB's sharing, the Deputy Governor highly appreciated the cooperation results between Vietnam and the WB over the past 30 years. The WB's companionship is important and necessary to help the Government achieve the growth target of 8% or more in 2025 and is a premise for higher growth in the following years. The Deputy Governor hoped that the WB would share Vietnam's difficulties and inform her of the efforts of the National Assembly and the Government in resolving policy differences, including the promulgation of the Law amending the Law on Bidding 2024 effective from January 15, 2025 and the Law on Public Investment amended effective from January 1, 2025 and the Law on Government Organization effective from March 1, 2025 and many other important documents and directives. Thereby, it contributes significantly to removing difficulties and obstacles in the process of implementing loan agreements with foreign donors, ensuring the effective management and use of ODA capital and foreign preferential loans.
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| Delegation of State Bank of Vietnam and delegation of World Bank Regional Office in Vietnam, Laos, Cambodia took a souvenir photo |
At the meeting, Ms. Sherman announced the plan to organize this year's WB Spring Conference with the participation of Central Bank Governors, Finance Ministers of IMF/WB member countries, private sector leaders, and scholars to discuss global issues such as world economic prospects, support for economic development, poverty reduction, and climate change response...; and respectfully invited the SBV's leaders to attend this important event in April 2025 in Washington DC, USA. The Deputy Governor thanked Ms. Sherman and assigned the International Cooperation Department to discuss specific content with the WB Office to develop a scenario for attending the SBV Spring Conference.
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