Prime Minister Pham Minh Chinh (right) meets CEO of the US International Development Finance Corporation (DFC) Scott A. Nathan on May 12 (US time) as part of his trip to the US (Photo: VNA) Hanoi (VNA) - Prime Minister Pham Minh Chinh had a meeting withChief Executive Officer of the US International Development Finance Corporation(DFC) Scott A. Nathan on May 12 (US time) as part of his trip to the US.
During the talks, PM Chinh suggestedthat, on the basis of the positive cooperation results attained so far, DFC continueto support Vietnam in areas such as green transition, circular economy,renewable energy, climate change response, digital transformation, and addressingwar aftermaths – including the consequences of Agent Orange and the search forthe remains of martyrs, as well as promoting development in the new period.
The VietnameseGovernment leader also proposed promoting cooperation in sustainabledevelopment of the Mekong River against the backdrops of rising sea level, soas to improve the material and spiritual life of people in the region.
Along with existing mechanisms, the PM hoped the two sides will studyand implement new cooperation mechanisms with countries in the region,including financial incentives in infrastructure development.
Prime Minister Pham Minh Chinh (right) meets CEO of the US International Development Finance Corporation (DFC) Scott A. Nathan on May 12 (US time) as part of his trip to the US (Photo: VNA) Vietnam is a developing country thatis still having to deal with the lasting consequences of the war, and it wouldbenefit from DFC’s provisions of loans with preferential interest rates andflexible procedures – including financial incentives for small- andmedium-sized enterprises, PM Chinh said.
He said the two sidesshould pick key projects with ‘spillover effect’ such as regional connectivityprojects to help achieve the highest efficiency of the capital used.
Appreciating the potential and prospects of economic cooperation with Vietnam,the CEO of DFC said that many cooperation projects between the two sides havebeen carried out very effectively and in the coming time, DFC looks forward topromoting cooperation in the fields of climate change response, renewableenergy, development of the Mekong River region, and inclusive developmentfinance.
On the occasion, PM Chinh witnessed the handover of DFC's grant worth 70million USD to Fulbright University in Vietnam./.
During the talks, PM Chinh suggestedthat, on the basis of the positive cooperation results attained so far, DFC continueto support Vietnam in areas such as green transition, circular economy,renewable energy, climate change response, digital transformation, and addressingwar aftermaths – including the consequences of Agent Orange and the search forthe remains of martyrs, as well as promoting development in the new period.
The VietnameseGovernment leader also proposed promoting cooperation in sustainabledevelopment of the Mekong River against the backdrops of rising sea level, soas to improve the material and spiritual life of people in the region.
Along with existing mechanisms, the PM hoped the two sides will studyand implement new cooperation mechanisms with countries in the region,including financial incentives in infrastructure development.
Prime Minister Pham Minh Chinh (right) meets CEO of the US International Development Finance Corporation (DFC) Scott A. Nathan on May 12 (US time) as part of his trip to the US (Photo: VNA) He said the two sidesshould pick key projects with ‘spillover effect’ such as regional connectivityprojects to help achieve the highest efficiency of the capital used.
Appreciating the potential and prospects of economic cooperation with Vietnam,the CEO of DFC said that many cooperation projects between the two sides havebeen carried out very effectively and in the coming time, DFC looks forward topromoting cooperation in the fields of climate change response, renewableenergy, development of the Mekong River region, and inclusive developmentfinance.
On the occasion, PM Chinh witnessed the handover of DFC's grant worth 70million USD to Fulbright University in Vietnam./.
VNA
