CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / News / Viet Nam
WB commits to assisting Vietnam to cope with climate change
By Tuan Minh 10:44, 2016/07/03
Vietnam hopes the World Bank (WB) will continue to support the country to cope with challenges, especially climate change adaptation, renewable energy development, education, healthcare, and youngsters’ startups.
Politburo member and Chairman of the Vietnam Fatherland Front (VFF) Central Committee Nguyen Thien Nhan made the remark at a farewell reception for former WB Country Director Victoria Kwakwa, who is serving as new Regional Vice President for East Asia and the Pacific.
 
Chairman of the VFF Central Committee Nguyen Thien Nhan received Regional Vice President for East Asia and the Pacific Victoria Kwakwa
Chairman of the VFF Central Committee Nguyen Thien Nhan received Regional Vice President for East Asia and the Pacific Victoria Kwakwa
He congratulated Victoria Kwakwa on her new post and highly valued her remarkable contributions during her working tenure in Vietnam, particularly in the fields of policy consulting, financial support, education-training, agriculture, production and exports, thus improving local living standards. The official expressed his pleasure at the comprehensive and pragmatic cooperation between Vietnam and the WB, confirming that Vietnam attaches much importance to the effective use of loans from the international community, especially the World Bank (WB), for socio-economic development and poverty reduction efforts.

He affirmed that Vietnam has always highly valued international assistance and loans going to poverty eradication and socio-economic development. He expressed his hope that in her new capacity, Kwakwa will make important contributions to national development strategies of regional countries, including Vietnam, as well as to the relations between Vietnam and the lender.

The guest thanked the Vietnamese Party, State and people for supporting the WB programmes and hailed achievements that the Southeast Asian country has gained over the past years, notably macroeconomic stabilisation, climate change resilience, social welfares policy and private economic development.

Kwakwa spoke highly of Vietnam’s achievements in stabilising the macro-economy, responding to climate change, implementing social security policies and developing the private sector. She said she hopes Vietnam will build on these attainments and exert more efforts to gain better outcomes in the aforesaid fields. She pledged to continue assisting Vietnam in promoting the attainments made and successfully realising its set goals.
 
A rice field in the Mekong Delta dies of drought and saline intrusion
A rice field in the Mekong Delta dies of drought and saline intrusion
 
The WB has approved a loan of 90 million USD to help Vietnam strengthen its climate change and green growth agenda in accordance with the World Bank Group’s Climate Change Action Plan. The WB Vietnam said together with the Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods Project, the financing marks a new stage in the WB’s support for Vietnam when the country is focusing on inclusive green growth and eliminating risks in climate change response.

The financing is the first of the three credits that will back climate change and green growth policy actions under the Vietnamese Government’s Support Programme to Respond to Climate Change, led by the Ministry of Environment and Natural Resources.

The credits will be spent on the implementation of policies to improve integrated coastal zone planning and management, public investments benefiting climate change and green growth, water resource protection and greater water use efficiency and coastal forest plantation. They will also be used to support policies in transportation, industrial production, energy saving and renewables that mitigate greenhouse gas emissions.
Comments
Other news
19:56, 2025/01/31
National Assembly promotes inclusive social assistance for all: UNFPA
Vietnam has made remarkable strides in developing a comprehensive, life-cycle, and gender-transformative social protection system.
01:01, 2025/01/28
Fireworks light up Vietnam’s sky on Lunar New Year’s Eve
People across Vietnam are excited to see fireworks on Lunar New Year’s Eve – the biggest celebration for Vietnamese.
22:28, 2025/01/24
Vietnam news in brief - January 25
Read the Hanoi Times to keep up with the latest developments in Vietnam.
20:47, 2025/01/22
Vietnam news in brief - January 22
Stay up to date with the latest news from The Hanoi Times.
20:53, 2025/01/21
Vietnam news in brief - January 21
Read The Hanoi Times for more updates about Vietnam and its capital.
08:58, 2025/01/21
Vietnamese leaders congratulate President Donald Trump on inauguration day
Vietnamese leaders expressed confidence that, under Trump's leadership, the partnership would continue to grow based on mutual respect for independence, sovereignty, and political systems.