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Home / Economy / Banking & Finance
WB to help Vietnam realise national target programmes
Thu Minh 15:19, 2015/11/22
At the meeting with Deputy Prime Minister Vu Van Ninh in Hanoi on November 20, World Bank (WB) Country Director Victoria Kwakwa said the WB will propose new initiatives to help Vietnam realise the two programmes of new-style rural building and sustainable poverty reduction.
Deputy Prime Minister (PM) Vu Van Ninh met with WB Country Director Victoria Kwakwa in Hanoi on November 20.
 
Deputy Prime Minister Vu Van Ninh (L) and WB Country Director Victoria Kwakwa
Deputy Prime Minister Vu Van Ninh (L) and WB Country Director Victoria Kwakwa
At the meeting, the Deputy PM hailed the WB for its assistance for Vietnam in forms of loans, technology and policy consultation, particularly in the fields of hunger eradication and poverty reduction.
Deputy PM Vu Van Ninh asked the WB to continue to support Vietnam, especially the two national target programmes that the National Assembly has just approved on new-style rural building and sustainable poverty reduction.
The Deputy PM said 1,500 communes nationwide have been recognised as new-style rural areas, and Vietnam targets to reach 50 percent of all communes across the country meeting standards for new-style rural areas by 2020.
However, the task is facing great difficulties in mountainous and ethnic minority areas where only 7.8 percent of the total communes were recognised as new-style rural areas, Ninh added.
Director Victoria Kwakwa informed Deputy PM Ninh about the results of working sessions between the WB and ministries and agencies on the two programmes. 
The Director said the WB will propose new initiatives to help Vietnam realise the two programmes, and vowed that the WB will stand with the country to access preferential loans.
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