Viet Nam News

PM receives World Bank chief, US business leaders

- WASHINTON DC

Prime Minister Phạm Minh Chính received Director-general of the World Bank (WB) Axel Van Trotsenbur­g and leaders of some US corporatio­ns on Wednesday (local time) during his working visit to the US.

At the meeting, PM Chính proposed that Việt Nam and the WB should focus on cooperatio­n in energy transition and digital transforma­tion; giant transport infrastruc­ture projects such as expressway­s and coastal roads; climate change response projects in the Mekong Delta and central regions; poverty reduction and healthcare capacity improvemen­t.

He said Việt Nam will soon work with the WB in the country to implement specific projects and Việt Nam will support WB to implement pilot policies to ensure the most efficiency of loans. The PM also suggested the two sides continue to simplify procedures and prevent corruption in the implementa­tion of projects.

WB Director General Axel said the bank wants to enhance co-operation with Việt Nam during the post-pandemic recovery and developmen­t process, particular­ly in the context of the global recovery, overcoming difficulti­es due to tensions and conflicts in some areas, material price hikes and increasing inflation in many countries while national resources reduced during the pandemic prevention and control.

Stressing the viewpoint of multilater­al co-operation to deal with challenges, he said Việt Nam needs to balance the huge energy demand for developmen­t and sustainabl­e developmen­t requiremen­ts.

Agreeing with the fields of cooperatio­n that

the PM mentioned, the bank leader affirmed that the WB attaches great importance to supporting Việt Nam in the process of becoming an upper-middle-income country and reaching higher ladders in the production value.

Receiving Marc Allen, Chief Strategy Officer and Vice President of Strategy and

Corporate Developmen­t of Boeing Company, PM Chính said Việt Nam will focus on strongly developing the aviation sector in the future and Boeing can participat­e in developing the aviation ecosystem of Việt Nam.

The Government leader spoke highly of the cooperatio­n and support of Boeing and voiced his support for the company’s plan to expand facilities in Việt Nam to supply fuels and seek cooperatio­n opportunit­ies in technology.

He proposed the company open maintenanc­e centres in Việt Nam and have longterm cooperatio­n policies, as well as provide specific preferenti­al policies to help Vietnamese businesses overcome this difficult time; and make important contributi­ons to promoting the cooperatio­n between Việt Nam and the US.

Later the same day, PM Chính received leaders of the Asia Group, Blackstone, Genx and AES, who expressed their interest in energy transition projects in Việt Nam and in investing to support Việt Nam realise its COP26 goals in coping with climate change.

The PM applauded their energy transition proposals and briefed them on some issues relating to Việt Nam’s energy developmen­t orientatio­n and electricit­y planning. He asked them to focus research and investment on wind power, solar power and tidal energy which are energy sources with huge potential in Việt Nam.

 ?? VNA/VNS Photo ?? Prime Minister Phạm Minh Chính meets Director-general of the World Bank Axel Van Trotsenbur­g in the US on Wednesday (local time).
VNA/VNS Photo Prime Minister Phạm Minh Chính meets Director-general of the World Bank Axel Van Trotsenbur­g in the US on Wednesday (local time).

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