The 44th annual meeting of the Board of Governors of the Asian Development Bank (ADB) will for the first time be taken place in Hanoi from May 3-6.
The news was released from a press briefing on March 1 in Hanoi.
The event demonstrates the international community’s strong confidence in the country’s outlook.
In fact, Vietnam has made a huge leap forward in reducing its poverty rate during the past two decades and became a middle-income country, said President of the Asian Development Bank (ADB)Haruhiko Kuroda at the press briefing.
The poverty rate reduced to 10% by late 2010 from 58% in 1993. Vietnam also successfully overcomes impacts of the global economic downturn by taking proper measures, Mr. Haruhiko Kuroda highlighted.
He went on to say that Vietnam is one of the economies in Asia that gained fastest development in the past 20 years thanks to robust export growth.
The ADB pledges to continue providing Vietnam with stronger assistance and coordination in the future, stressed the ADB President./.