Addressing the ceremony, Prime Minister (PM) Nguyen Xuan Phuc highlighted that the opening of the ADB representative office in Vietnam in December, 1996, is an important landmark in the Vietnam-ADB relationship.
The office has acted as a bridge, helping bring the relationship between Vietnam and the ADB to a new height, the PM said.
PM Phuc noted that the two sides have signed and implemented more than 160 programmes and projects worth around 16 billion USD in total, including Official Development Assistance and concessional loans.
The PM said as a founding member, Vietnam always proactively contributes to the development of the ADB and makes efforts to establish a close and effective relationship with the bank.
He said the ADB is one of the most important partners in providing capital, technical assistance and policy advice to Vietnam.
The ADB’s projects in Vietnam cover various fields with a focus on supporting equal and sustainable growth, the Government leader said, stressing that they have been implemented effectively, helping transform Vietnam from a poor nation into a middle income country deeply integrated into the region and the world.
He affirmed the ADB has been not only a sponsor but also a partner in advising policies for the Vietnamese government.
PM Phuc said despite difficulties and challenges, Vietnam will continue to strongly implement reform programmes, maintain macro-economic stability, perfect institutions, improve investment environment, develop the workforce, protect the environment and respond to climate change while ensuring social security, thus laying a firm foundation for long-term development.
In that process, Vietnam will always treasure and use effectively the capital and loans provided by the ADB, the PM said.
He also asked the ADB to continue working with Vietnam in regional mechanisms like the Mekong sub-region, ACMECS, CLMV, and CLV for economic connectivity, transport infrastructure, sustainable poverty alleviation, and climate change response.
The PM expressed his hope that the bank and its Vietnam office will closely work with ministries and localities for the successful implementation of the Vietnam-ADB Country Partnership Strategy for the 2016-2020 period.
Speaking at the event, the ADB Country Director Eric Sidgwick said in the past 50 years, the bank has loaned 250 billion USD for infrastructure, research, and knowledge sharing to open up opportunities and create prosperity across Asia-Pacific.
He noted that the ABD has closely worked with the Vietnamese government to promote equal development, reduce poverty and support sustainable development in the transition from a centrally-planned economy to a market economy.
Director Eric Sidgwick affirmed the ADB’s commitment to stronger support for Vietnam via encouraging the creation of jobs, enhancing competitiveness, boosting the coverage of infrastructure and service provision, improving environmental sustainability and responding to climate change.
Prime Minister Nguyen Xuan Phuc speaks at the ceremony.
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PM Phuc noted that the two sides have signed and implemented more than 160 programmes and projects worth around 16 billion USD in total, including Official Development Assistance and concessional loans.
The PM said as a founding member, Vietnam always proactively contributes to the development of the ADB and makes efforts to establish a close and effective relationship with the bank.
He said the ADB is one of the most important partners in providing capital, technical assistance and policy advice to Vietnam.
The ADB’s projects in Vietnam cover various fields with a focus on supporting equal and sustainable growth, the Government leader said, stressing that they have been implemented effectively, helping transform Vietnam from a poor nation into a middle income country deeply integrated into the region and the world.
He affirmed the ADB has been not only a sponsor but also a partner in advising policies for the Vietnamese government.
PM Phuc said despite difficulties and challenges, Vietnam will continue to strongly implement reform programmes, maintain macro-economic stability, perfect institutions, improve investment environment, develop the workforce, protect the environment and respond to climate change while ensuring social security, thus laying a firm foundation for long-term development.
In that process, Vietnam will always treasure and use effectively the capital and loans provided by the ADB, the PM said.
He also asked the ADB to continue working with Vietnam in regional mechanisms like the Mekong sub-region, ACMECS, CLMV, and CLV for economic connectivity, transport infrastructure, sustainable poverty alleviation, and climate change response.
The PM expressed his hope that the bank and its Vietnam office will closely work with ministries and localities for the successful implementation of the Vietnam-ADB Country Partnership Strategy for the 2016-2020 period.
Speaking at the event, the ADB Country Director Eric Sidgwick said in the past 50 years, the bank has loaned 250 billion USD for infrastructure, research, and knowledge sharing to open up opportunities and create prosperity across Asia-Pacific.
He noted that the ABD has closely worked with the Vietnamese government to promote equal development, reduce poverty and support sustainable development in the transition from a centrally-planned economy to a market economy.
Director Eric Sidgwick affirmed the ADB’s commitment to stronger support for Vietnam via encouraging the creation of jobs, enhancing competitiveness, boosting the coverage of infrastructure and service provision, improving environmental sustainability and responding to climate change.
