The World Bank (WB) will provide comprehensive support to Vietnam, helping the country gain greater development in the coming time, the bank's president Robert B. Zoellick said at a press briefing here Tuesday.
Vietnam is a reliable destination for the bank's investment, he said, noting that the country, which has effectively used international funds, has already achieved one of the fastest improvements in living standards in the world with great reduction in poverty.
"Decisions on land reform, market liberalization, investing in social sectors and infrastructure, and enabling the private sector have transformed this country in less than a generation. Vietnam and the World Bank have built a partnership based on mutual trust, and we will certainly continue our support in the coming years as a key development partner," said Zoellick, who started his two- day visit to Vietnam on Monday.
The WB will support Vietnam's efforts to increase the country's competitiveness, governance, transparency and accountability, widen rural electricity, strengthen the financial sector, upgrade social protection system, improve environmental management and infrastructure, modernize public debt management and implement the anti-corruption law, he said.
Source: Xinhua
|