Vietnam wants the Asian Infrastructure Development Bank (AIIB) to become a prestigious and effective development bank of the region, President Tran Dai Quang has told AIIB President Jin Liqun.


President Tran Dai Quang (R) and AIIB President Jin Liqun

At the meeting in Da Nang city on November 9, President Quang welcomed Jin’s active participation in the APEC CEO Summit while hailing AIIB’s performance over the two years since its inception.

As one of the first countries to support the establishment of AIIB, Vietnam wants AIIB to become a prestigious and effective development bank of the region so as to meet member countries’ interests, he noted.

He affirmed that Vietnam would continue engaging in AIIB as a reliable and responsible partner by fulfilling all obligations of a member country, and also hopes for more assistance from the lender.

The country has demand for capital regarding infrastructure development and upgrade, and AIIB is one of the potential capital sources, President Quang said, asking the bank to work with relevant agencies of Vietnam to specify suitable funding mechanisms and methods.

AIIB President Jin said President Quang’s impressive speech at the APEC CEO Summit inspired businesses to increase investment and business activities in Vietnam. He also highly valued Vietnam’s active contribution to his bank’s foundation and activities.

As Vietnam boasts huge developmental potential, infrastructure investment for socio-economic development is still an important strategy of the country. AIIB pledges to help the country access its capital sources to meet this demand, Jin added.

The AIIB leader was in Da Nang to attend activities of the APEC CEO Summit, part of the APEC Economic Leaders’ Week from November 6 to 11.

 

                                         Source: NDO

Related Topics


Politburo member Vo Van Thuong sworn in as State President

Politburo member Vo Van Thuong was sworn in as State President of Vietnam during the fourth extraordinary session of the 15th National Assembly held in Hanoi on March 2.

Prime Minister works with Hoa Binh top leaders

(HBO) – Within the framework of his working visit to Hoa Binh province, Prime Minister Pham Minh Chinh had a meeting with top leaders of the locality. Attending the working session were Minister of Finance Ho Duc Phoc, Secretary of Hoa Binh provincial Party Committee Nguyen Phi Long, Permanent Vice Secretary of the Party Committee and Chairman of the People’s Council Bui Duc Hinh, and Vice Secretary of the Party Committee and Chairman of the People’s Committee Bui Van Khanh, among others.

Prime Minister pays working visit to Hoa Binh

(HBO) – Politburo member and Prime Minister Pham Minh Chinh on February 25 paid a working visit to Hoa Binh. His delegation was joined by member of the Party Central Committee and Finance Minister Ho Duc Phoc and leaders of other ministries and agencies. Welcoming the delegation in Hoa Binh were Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee; Bui Duc Hinh, Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People's Council; and Bui Van Khanh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People's Committee; among others.

Hoa Binh Party Committee gives opinions on investment policy, implementation of local projects

(HBO) – Bui Duc Hinh, Permanent Deputy Secretary of the Hoa Binh Party Committee and Chairman of the provincial People’s Council on February 23 chaired a meeting of the committee for February, during which participants gave ideas on the implementation of many projects in the locality. Chairman of the provincial People’s Committee, and leaders of some departments and agencies.

Hoa Binh leader receives AFD delegation

(HBO) – Vice Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh held a meeting with Resmy Rioux, Director General of the French Development Agency (AFD) and Chairman of the International Development Finance Club and Finance-in-Common Summit, on February 18. Attending the event was Vice Chairman of the provincial People’s Committee Quach Tam Liem and leaders of several departments and agencies.

Mai Chau district’s Party organisation pays attention to Party membership development

(HBO) – Over the past years, Mai Chau district’s Party organisation has paid attention to Party membership development. Last year, it established the first Party cell in a non-State business, marking the locality’s efforts in this regard.