Prime Minister Nguyen Xuan Phuc, on July 25, presented the Friendship Order to Victoria Kwakwa, Regional Vice President for East Asia and the Pacific of the World Bank (WB).
Prime Minister Nguyen Xuan Phuc presents the Friendship Order to Victoria Kwakwa, Regional Vice President for East Asia and the Pacific of the World Bank (WB) (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc, on July 25, presented the Fr😼iendship Order to Victoria Kwakwa, Regional Vice President for East Asia and the Pacific of the World Bank (WB), who was the former WB Country Director in Vietnam.
The WB official was honoured in recognition of her contributions to accelerating the bank’s support and cooperation during Vietnam’s socio-economic development.
Addressing the award ceremony, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said Kwakwa assumed the post of WB Country Director in Vietnam in April 2009. In this position, she helped Vietnam gain access to the WB’s policy consultations, as well as its capital and technical assistance to deal with difficulties and challenges facing the country.
Thanks to the WB’s support, the SBV has increased its capacity and completed its institutions and legal frameworks on banking activities in accordance with international practice, Hung stressed.
Kwakwa has played an important role in elevating cooperation between Vietnam and the WB to a partnership, he said.
At the ceremony, Hung and Kwakwa signed agreements on three programmes and projects worth a combined 370 million USD, covering improving economic competitiveness, environmental protection and sustainable development.
Such projects are expected to help Vietnam handle challenges in the context that climate change is developing complicatedly.
Speaking at the ceremony, Kwakwa said the WB always pays heed to major economic reforms, comprehensive infrastructure development and climate change response in order to step up poverty reduction and sustainable development.
The bank highly appreciates Vietnam’s socio-economic achievements, she said, expressing her belief that the signed programmes and projects will be successes and use the WB loans effectively.
On this occasion, Hung presented a certificate of merit to the WB official for her contributions to the development of the Vietnamese banking sector.-VNA
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Party General Secretary Nguyen Phu Trong praised Victoria Kwakwa’s attainments during her seven-year position as the World Bank’s Country Director for Vietnam at a farewell reception in Hanoi.
Vietnam hopes the World Bank (WB) will continue to support the country to cope with challenges, especially climate change adaptation, renewable energy development, education, and healthcare.
Deputy PM Trinh Dinh Dung has asked the WB to continue offering preferential loans to Vietnam so that the Government and private sector of Vietnam can continue working towards a be
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
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Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Prime Minister Nguyen Xuan Phuc presents the Friendship Order to Victoria Kwakwa, Regional Vice President for East Asia and the Pacific of the World Bank (WB) (Source: VNA)
