Vietnam’s achievements in poverty reduction programmes can serve as a crucial foundation for its dialogues and expansion of cooperation, a World Bank executive has said.
In a recent interview with a Vietnam News Agency correspondent in the US, Axel van Trotsenburg, WB Vice President for East Asia and Pacific, noted that the WB and Vietnam have shared visions on various fields, especially poverty reduction - one of the WB’s most important goals.
Over the past five years, the WB has provided a combined loan of 1.9 billion USD for Vietnam, according to Trotsenburg.
He said his institution will continue supporting Vietnam’s efforts in gaining more of its loan sources and using them efficiently.
Regarding Vietnam’s economic growth and stability in recent time, the WB official noted a slowdown in economic growth compared to 20 years ago.
To ensure its long-term growth, Vietnam should attach importance to stable macroeconomic indicators and pay attention to the restructuring of state-owned enterprises and the reform of the financial system, he said.
The WB official also made it clear that most countries around the world must always make adjustments to adapt to the global changes, and Vietnam is not an exception.
The country needs to centre investments on education and training to help its youngsters well prepared for the global labour market in the coming time, he said.-VNA
In a recent interview with a Vietnam News Agency correspondent in the US, Axel van Trotsenburg, WB Vice President for East Asia and Pacific, noted that the WB and Vietnam have shared visions on various fields, especially poverty reduction - one of the WB’s most important goals.
Over the past five years, the WB has provided a combined loan of 1.9 billion USD for Vietnam, according to Trotsenburg.
He said his institution will continue supporting Vietnam’s efforts in gaining more of its loan sources and using them efficiently.
Regarding Vietnam’s economic growth and stability in recent time, the WB official noted a slowdown in economic growth compared to 20 years ago.
To ensure its long-term growth, Vietnam should attach importance to stable macroeconomic indicators and pay attention to the restructuring of state-owned enterprises and the reform of the financial system, he said.
The WB official also made it clear that most countries around the world must always make adjustments to adapt to the global changes, and Vietnam is not an exception.
The country needs to centre investments on education and training to help its youngsters well prepared for the global labour market in the coming time, he said.-VNA
