Australia, WB partner to support Vietnam’s development agenda

VOV.VN - The Australian Ambassador, Craig Chittick, and the World Bank Country Director, Ousmane Dione, signed on April 11 a new five year partnership to continue joint support to Vietnam’s sustainable and inclusive economic reform agenda.

Key achievements of the first phase of this partnership have included:

Improved national connectivity and access to markets for businesses, famers and the poor by constructing over 200km of rural roads, upgrading national highways and building 87 bridges;

  • Increased sustainable access to clean water and sanitation through the introduction of innovative mobile phone technologies to monitor water use; and improved poverty reduction strategies for rural communities in the Northern Mountains through providing policy advice to a new Law on Ethnic Minorities.

One of the great achievements under the first phase of the partnership was to support the Government of Vietnam to develop the Vietnam 2035 report – a bold and ambitious vision for Vietnam’s economy in the next 20 years. Through the second phase of this partnership Australia looks forward to working with the World Bank to support Vietnam to implement this vision so that all citizens benefit” said Craig Chittick, Australian Ambassador to Vietnam.

Ousmane Dione, the World Bank Country Director for Vietnam noted, “The first partnership created a strong synergy to support the Vietnam’s development agenda. We have seen joint work in critical policy and reform areas enabling greater impact and influence than by working individually. This stepped up engagement will be mutually beneficial and help deliver stronger development results for Vietnam”.

Australia will provide 25 million Australian Dollars to the World Bank to implement this partnership over the next five years. Focusing on the areas of trade and competiveness; transport; ethnic minorities; Mekong delta with two crosscutting issues of gender and innovation, the partnership will support Vietnam to implement reform priorities identified in the Socio-Economic Development Plan 2016-2020 (SEDP).

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