Prime Minister Pham Minh Chinh on March 28 hosted a reception for World Bank (WB) Country Director for Vietnam Carolyn Turk, who came to say goodbye at the end of her tenure.
Prime Minister Pham Minh Chinh (right) and World Bank (WB) Country Director for Vietnam Carolyn Turk. (Photo: VNA)
Hanoi (VNA) - PrimeMinister Pham Minh Chinh on March 28 hosted a reception for World Bank (WB)Country Director for Vietnam Carolyn Turk, who came to say goodbye at the endof her tenure.
Congratulating Turk onꦿ her successful tenure inthe country, Chinhspoke highly of the WB's cooperation and support for Vietnam’s Doi Moi (renewal)over the past 30 years. He noted that the bank is one of the three largest developmentpartners and foreign loan providers of Vietnam.
Accordingto the PM, during Turk's tenure, the WB supported Vietnam in rescheduling therepayment of International Development Association (IDA) loans, therebyassisting the country in the fight against the COVID-19 pandemic and economic recovery. The WB also providednon-refundable aid for Vietnam to enhance the country’s preventive healthcare capacity.
Also during the tenure, the WB committed to mobilising resources for large-scale infrastructureprojects as well as called for more nonꦡ-refundable aid for Vietnam and helped the countryimprove institutions and ♏enhance central and local governance through policy consultations.
Thegovernment leader suggestedthat the WB increase funding for Vietnam, focusing on key national projects oflarge scale such as those on green transition, digital transformation, urbanrailways, renewable energy, power transmission, smart agriculture, low carbon emissions and climatechange adaptation. Chinh expressed his hope to welcome the Presidentof the WB to pay an official visit to Vietnam soon, contributingto promoting the partnership between the WB and Vietnam in a more practicallyand effectively manner. Turk,for her part, thanked the Government, the Prime Minister and Vietnameseministries, agencies and localities for the support and assistance given to theWB and herself during her tenure, particularly the PM’s instruction on theestablishment a working group to resolve problems during the implementation ofprojects in Vietnam. Sheaffirmed that the WB stands ready to continue supporting Vietnam to achieve its developmenttargets./.
Vietnam could consider extending the implementation of the economic support programme (2022-2023) into next year to allow its planned investments to be fully implemented, supporting aggregate demand, as the economy still faces headwinds, according to World Bank experts.
The Hanoi Department of Transport has proposed the municipal People’s Committee ask for the World Bank (WB)’s assistance in the technical design of the general layout for the Ngoc Hoi national railway station complex.
Vietnam has received a 51.5 million USD payment for verified emissions reductions - commonly referred to as carbon credits - for reducing deforestation and forest degradation (REDD+) and for enhancing carbon stored in forests through reforestation and afforestation, according to the World Bank (WB)'s press release this week.
Acting President Vo Thi Anh Xuan hosted in Hanoi on March 27 a reception for World Bank (WB) Country Director for Vietnam Carolyn Turk, who came to say goodbye at the end of her tenure.
Prime Minister Pham Minh Chinh’s working trip conveyed an important message that aligns with the event's theme -the spirit of entrepreneurship for a new era- aiming to maximise international resources in service of national development.
The attendance of the Vietnamese delegation headed by PM Pham Minh Chinh at the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin carries importance significance, said a researcher on Vietnam.
Party General Secretary To Lam expressed his belief that Australian Ambassador Gillian Bird, with her extensive experience and deep understanding of the region, would make significant contributions to advancing the Vietnam–Australia Comprehensive Strategic Partnership while receiving the newly appointed diplomat in Hanoi on June 26.
Speaking to reporters on June 26, Ministry of Foreign Affairs spokesperson Pham Thu Hang stated that Vietnam calls all parties involved to seriously comply with the agreement, creating conditions for peace, stability, and development in the region and the world.
The President also identified certain limitations in advisory work that require continued innovation and quality improvement to meet state leadership requirements.
The Law on Participation in United Nations (UN) Peacekeeping Operations establishes the fundamental principles, roles, functions, and operational framework for Vietnam’s engagement in the UN peacekeeping missions.
Prime Minister Pham Minh Chinh on June 26 visited the Memorial Hall of the first National Congress of the Communist Party of China (CPC) and Pudong district, a development model in the new era of Shanghai as well as China.
The resolution on tuition exemption and support in the national education system was approved with 440 out of 441 deputies present voting in favour. It takes effect from the date of its adoption and will be applied starting from the 2025–2026 academic year.
An official of HCM City attributed achievements of the two countries' relations to not only efforts by both countries' governments but also perservering support from people's organisations, businesses, and dedicated individuals.
The two sides committed to adopting breakthrough measures to broaden the scope of cooperation and further boost trade turnover in a more balanced and mutually beneficial manner, towards better responding to fluctuations in global trade and contributing to ensuring a stable and sustainable supply chain.
Prime Minister Pham Minh Chinh proposed the city enhance exchanges with Vietnamese localities, particularly Ho Chi Minh City. He called for deeper, result-oriented cooperation in trade, investment, and strategic development — especially in sectors where Shanghai has strengths and Vietnam has demand, such as transport infrastructure, smart and green cities, and innovation.
President Luong Cuong appreciated the ambassadors' contributions to Vietnam's relations with their countries and called for continued efforts to help advance those ties.
PM Pham Minh Chinh called on the SSE and the Shanghai IFC to share their expertise with and provide technical support for relevant Vietnamese ministries and agencies during the process of building Vietnam’s own international financial centre.
According to the resolution, Nguyen Thi Thanh, a member of the Party Central Committee and Vice Chairwoman of the NA, was appointed Standing Vice President of the council and head of its personnel sub-committee.
PM Pham Minh Chinh has expressed his confidence that Asia has all the necessary foundations to continue rising, asserting its role as a pillar and driving force of the global economy.
In his closing speech at the 10th plenum of the Party Central Committee in September 2024, Party General Secretary Lam declared: “With the position and strength accumulated over 40 years of renewal, and with the unity of the entire Party, people, and army, alongside new opportunities under the sound Party leadership, we now possess the essential conditions to enter a new era."
Prime Minister Pham Minh Chinh (right) and World Bank (WB) Country Director for Vietnam Carolyn Turk. (Photo: VNA) 
