The Vietnam Development Partnership Forum will be held in Hanoi on December 5 to discuss how to build new partnerships for sustainable, competitive and comprehensive growth in Vietnam.
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Terminal 2 of the Noi Bai international airport with Japanese ODA. Photo: VNA
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Speaking at a press conference to announce this information in Hanoi on December 2, Minister of Planning and Investment Bui Quang Vinh said Vietnam has entered the threshold of a low-average income country, while the country’s partnerships with its development partners have been seeing changes suitable for the current situation of aid in the world and Vietnam.
Therefore, the Vietnamese Government and donors agreed to replace the Consultative Group (CG) meeting with the forum, with the participation of all development partners in Vietnam, Vinh added.
Victoria KwaKwa, Country Director of the World Bank (WB) in Vietnam, said the WB wants to share experience to help Vietnam make progress in its socio-economic development, expressing her hope that Vietnam will gain new development strides in the future.
Attendees to the forum will include development partners participating in planning and implementing policies and development cooperation programmes in Vietnam, including representatives from the authorities at all levels, bilateral and multilateral sponsors, social organisations, internal and external non-governmental organisations, the private sector and research agencies.
Minister Bui Quang Vinh said the event will focus discussion on development priorities as well as medium-term challenges in defining and implementing Vietnam’s socio-economic development policies.
Maintaining stability, the restructuring of the economy and growth recovery will be major issues deliberated at the event.
The CG is an annual dialogue on development policies and partnerships with international donors, as well as a forum to outline priorities to mobilise and utilise official development assistance (ODA) funds to Vietnam. It is also a platform for international donors to announce ODA commitments to Vietnam./.