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Australia, World Bank assist Vietnam’s inclusive growth

Australian Ambassador to Vietnam Craig Chittick and World Bank Country Director for Vietnam Ousmane Dione signed a deal on April 11, to extend their partnership on supporting Vietnam’s sustainable and inclusive economic reform agenda.
Australia, World Bank assist Vietnam’s inclusive growth ảnh 1World Bank Country Director for Vietnam Ousmane Dione (Source: VNA)
Hanoi (VNA) – Australian Ambassador to Vietnam Craig Chittick and World BankCountry Director for Vietnam Ousmane Dione signed a deal on April 11, to extendtheir partnership on supporting Vietnam’s sustainable and inclusive economicreform agenda.

Accordingly,Australia will provide 25 million Australian dollars to the World Bank toimplement this partnership over the next five years.

Assistancefor Vietnam during the period will focus on the areas of trade andcompetiveness; transport; ethnic minorities; Mekong delta and gender with twocrosscutting issues of gender and innovation.

Thepartnership will help Vietnam implement reform priorities identified in theSocio-Economic Development Plan 2016-2020 (SEDP).

“One of the great achievements under the firstphase of the partnership was to support the Government of Vietnam to developthe Vietnam 2035 report – a bold and ambitious vision for Vietnam’s economy inthe next 20 years,” said Craig Chittick.

TheAustralian diplomat added that in the second phase, Australia will work withthe World Bank to support Vietnam to implement the vision for the sake of allcitizens.

OusmaneDione noted, “The first partnership created a strong synergy to support Vietnam’sdevelopment agenda. We have seen joint work in critical policy and reform areasenabling greater impact and influence than by working individually. Thisstepped up engagement will be mutually beneficial and help deliver strongerdevelopment results for Vietnam”.

Thepartnership between Australia and the World Bank was established in 2012.-VNA
VNA

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