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| Prime Minister Pham Minh Chinh received Ms. Carolyn Turk, World Bank Country Director in Vietnam. (Source: VNA) |
On the afternoon of October 27, Prime Minister Pham Minh Chinh received Ms. Carolyn Turk, Country Director of the World Bank (WB) in Vietnam.
At the meeting, the Prime Minister affirmed that the Government always considers the WB a good friend and a very important development partner; highly appreciates the WB's support and active contributions to Vietnam's socio-economic development since 1993 through policy consulting and financial support for ODA projects and preferential loans; and thanks the Director and her colleagues for their sharing and contributions to Vietnam.
The Prime Minister and the WB Country Director discussed specific issues, innovation in thinking, methodology, implementation methods, and reform of administrative procedures in a simpler and more convenient direction to promote and implement important, large-scale projects that can change the situation, change the status, lead, activate, and mobilize other capital sources; as well as thoroughly and effectively implement ongoing projects, avoiding spreading and prolonging.
Stating that Vietnam currently has a lot of room for new ODA loans because public debt, government debt, and state budget deficit are being well controlled by the Vietnamese Government, within the allowable threshold, the Prime Minister suggested that the WB have many methods and models for providing and managing flexible funding to meet Vietnam's diverse capital needs; prioritize the implementation of large projects in developing strategic transport infrastructure such as the North-South high-speed railway, Ho Chi Minh City - Can Tho railway, railway connecting Hanoi - Hoa Lac High-Tech Park; renewable energy; smart agriculture, low carbon emissions; digital transformation; and climate change response in the Mekong Delta.
Agreeing with the Prime Minister on the orientation of implementing projects with focus and key points to achieve the set goals, WB Country Director in Vietnam Carolyn Turk highly appreciated Vietnam's vision, development orientation and commitments, including in the fields of climate change response and emission reduction.
WB Country Director in Vietnam Carolyn Turk also shared her views on Vietnam's socio-economic development and issues that need attention in the coming time, such as the need to ensure energy in the context of a rapidly growing economy; exploiting the potential of selling carbon credits; the need for digital transformation; responding to climate change in the Mekong Delta; implementing the program of 1 million hectares of high-quality, low-emission rice...; stating that if the program of 1 million hectares of rice is successfully implemented, Vietnam will be a leading country in this field.
Ms. Carolyn Turk made specific proposals, including solutions to remove obstacles and difficulties in implementing projects, especially large-scale projects, and affirmed that she will continue to actively coordinate with Vietnamese agencies, accompanying Vietnam in socio-economic development, especially in the areas that the Prime Minister discussed.
The Prime Minister agreed that the two sides will establish a working group to coordinate and review regulations and procedures to amend them in the direction of streamlining and harmonizing procedures between the two sides, ensuring the removal of obstacles, shortening implementation time, improving project efficiency, and if beyond authority, reporting to competent authorities for consideration and decision.
The Prime Minister said he has assigned Deputy Prime Minister Tran Luu Quang to directly direct the removal of obstacles, promote project implementation and disbursement of WB capital.
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