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| PM Nguyen Tan Dung with Pamela Cox, the World Bank's vice president for the East Asia and Pacific region. — VNA/VNS Doan Tan |
Receiving the bank's vice president for the East Asia and Pacific region, Pamela Cox, in Ha Noi yesterday, Dung pledged to take drastic measures to accelerate the disbursement of funding and increase the efficiency of the use of capital.
Dung thanked the bank for its policy consultation and capital lending.
He said despite achievements, Viet Nam had yet to achieve sustainable economic growth, and poverty still remained a problem.
Therefore, the country continued to need assistance in terms of advice and capital to sustain its development and avoid the "middle income trap", Dung said.
Cox spoke highly of Viet Nam's socio-economic achievements, particularly the Government's policies to curb inflation and stabilise the macro-economy.
She affirmed the bank would always be side by side with Viet Nam in the process of development, adding that she found Viet Nam has used bank loans effectively.
On the same day, Cox met with National Assembly Vice Chairwoman Nguyen Thi Kim Ngan.
Vietnam hopes the Australian House of Representatives under the leadership of Speaker Anna Burke will pave the way for Australian businesses to pour investment into Vietnam and Ho Chi Minh City in particular.
A conference on cooperation in investment, trade and tourism promotion between the Central Highlands province of Kon Tum and Thailand’s four northeast provinces was held in Kon Tum city on May 24.