Showing posts with label socio economic. Show all posts
Showing posts with label socio economic. Show all posts

Saturday, December 25, 2010

Vietnam needs more skilled workers

The science and technology sector had made great achievements in the last five years, but it needed to continue developing the country's professional workforce to meet the nation's socio-economic development demands, said Deputy Prime Minister Nguyen Thien Nhan on Nov. 10.

Nhan made the comment at a national conference in Hanoi to review the development of science and technology from 2001 to 2010 and the sector's 2010-20 development plan.

He also said that the integration of science and technology in enterprises had been limited and researchers' salaries were still low.

"National research and technology application centres should focus more on developing science and technology that can be realistically applied," said Nhan.

In the last five years, the Ministry of Science and Technology (MoST) has researched and selected 14 projects that would receive funding and support. The ministry has also implemented projects to address urgent socio-economic issues, including programmes to develop genetically engineered crops, research avian influenza A (H5N1) vaccines, shipbuilding projects, and energy projects.

MoST deputy minister Le Huu Quoc said during the last five years, several projects dealing with digital telecommunications, optical fibre communication, Global System for Mobile Communications (GSM), Code Division Multiple Access (CDMA) and third-generation (3G) technology had been successfully implemented in the country.

"Vietnam has made good use of the VINASAT-1 satellite and is preparing to launch VINASAT-2 in 2012," Quoc added.

In the agricultural sector, scientists had created 142 new plant breeds, 100 of which were productive rice breeds.

Quoc also reported that the highly educated workforce in the science and technology sector had grown in the last five years. There were more than 1,500 science and technology organisations in the country, and about 6,000 employees working in the science and technology sector.

He admitted that there was a lack of qualified engineers in the country. Many national science and technology plans had been carried out slowly because of bureaucratic red tape. The Government's investment in technology was still limited, Quoc said.

In the next five years, the Ministry of Science and Technology aims to improve the quality of national research projects in the natural sciences sector and will concentrate on developing applied technology./.

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10,000 rural communes undergo rejuvenation

A road is being expanded in Tan Thong Hoi Commune of HCM City's suburban district of Cu Chi. As many as 10,000 rural communes of the country are covered in a rejuvenation project. — VNA/VNS Photo Hoang Hai

A road is being expanded in Tan Thong Hoi Commune of HCM City's suburban district of Cu Chi. As many as 10,000 rural communes of the country are covered in a rejuvenation project. — VNA/VNS Photo Hoang Hai

HA NOI — Viet Nam's programme to rejuvenate agriculture had been introduced in 10,000 communes since it was launched in 2009, Agriculture and Rural Development Minister Cao Duc Phat told its international supporters in Ha Noi yesterday.

The estimated cost had been between VND1.2-1.5 trillion (US$60-75 million), he said.

But more financial and technical help would be needed from both domestic and international community to continue the programme and extend it, as planned, to 2020.

A target of the programme was to increase farmer income by 150 to 250 per cent and reduce the poverty stricken from the prevailing 10 per cent to below 8 per cent by 2015 and 3 per cent by 2020.

It has also set socio-economic infrastructure, social security, education and training targets.

Deputy Minister Ho Xuan Hung listed the need for vast capital, especially for infrastructure in the northwest and the Cuu Long (Mekong) Delta as a hindrance to agricultural development.

"The law of development requires that agricultural labour, which accounts for 51.5 per cent, must be reduced but the development of industry and services was so slow that even skilled workers found it difficult to secure jobs," he said.

Therefore, it would not be easy to lower the number to 30 per cent by 2020 unless active and practical measures were defined and implemented.

Understanding rural development

Rural development is described as:

The construction of a modern socio-economic infrastructure;

The application of a proper economic structure and production modalities;

The quick development of agriculture, industry and services are linked;

Rural development is linked to planned urban development;

Rural society is both democratic and rich in ethic cultural identity;

The environment is protected; security is maintained; and material and cultura life is improved. — VNS

The deputy minister said investment in production, farmer training and the application of new technology was needed to overcome the requirement for commodities from fragmented land holdings.

The supporters

Representative of Food and Agriculture Organisation and One-UN Viet Nam Yuriko Shoji said the organisation would continue to support Viet Nam in the building and developing of new urban areas.

One-UN was assessing the results, achievements and experiences of other donors to Viet Nam so as to build concrete actions plans and programmes of rural development, she said.

This would include technical and financial assistance and help to build laws for the use of agricultural land and sustainable agricultural development.

Many FAO-supported trial projects had been undertaken as part of the national agriculture programme.

These included land and forest management, the response to climate change and food security.

Asian Development Bank Viet Nam director Ayumi Konishi told the yearly meeting that any new rural development should focus on capacity building, crop diversification, technology to add value, sector reform and rural infrastructure and maintenance.

Swedish embassy Ha Noi Development Co-operation director Marie Ottosson said it was essential to decentralise so completely that villagers could decide development plans and control the budget.

"Empowerment of local communities requires that the poor gets to influence decision making and control public resources," she said.

This meant significant capacity building among villagers and local officials.

"Sweden will continue to support development activities in Viet Nam," the senior diplomat emph-asised. — VNS

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Tuesday, December 7, 2010

More boys born than girls in ‘alarming' trend

A nurse attends to a newborn in Quang Nam Province Hospital. A rapid increase in the proportion of boy births in Viet Nam is expected to lead to major socio-economic problems in the future. — VNA/VNS Photo Huu Oai

A nurse attends to a newborn in Quang Nam Province Hospital. A rapid increase in the proportion of boy births in Viet Nam is expected to lead to major socio-economic problems in the future. — VNA/VNS Photo Huu Oai

HA NOI — The ratio of boys to girls in Viet Nam has increased rapidly over the past five years and is well above the standard biological level, a UN report stated.

The Sex Ratio at Birth Imbalances in Viet Nam: Evidence from the 2009 Census report released yesterday by the United Nations Population Fund (UNFPA) indicated that the current sex ratio at birth (SRB) is 110.6 males per 100 females, significantly exceeding the standard 105.

A rapid increase in the proportion of boy births over the past five years "has caught world-wide attention and generated concern," said the UNFPA's Bruce Campbell.

While the ratio is at a normal level in the Central Highlands (105.6), it soars to 115.4 in the Hong (Red) River Delta.

According to Campbell, traditional norms and a preference for sons have put pressure on couples to have smaller families. He said identifying the foetus' sex had permitted couples to select a baby's gender.

He said the SRB is a complex issue that impacted on a country's socio-economy. It affects maternal and paternal characteristics, ethnicity, education and employment – even the quality of housing.

The report stated that the SRB increases with levels of education. For instance, the ratio of boys to girls is 107.1 among mothers with primary education and below, whereas it is 113.9 among college and higher-educated mothers.

"Women with more than 10 years of schooling report the highest proportion of male births," Campbell said.

The report also showed a strong relation between the socio-economic status of the household and birth order in the family.

The UNFPA report indicated that the poorest segment of the population recorded an SRB value close to the standard, while the SRB level among richer segments of the population was as high as 112.

"It is the young adult population that will be most affected by 2050. In particular, the opportunity of males to find female partners will be affected," said Dr Christophe Guilmoto, author of the study.

"This, in turn, may contribute to earlier marriages for girls, and possible interruption of women's education. Furthermore, there may be an increase in commercial sex work, trafficking and other negative impacts as well," he said.

The report indicated that other countries including China and India had experienced a rise in the number of male births – 120 and 112 respectively – but that the increase had occurred over a much longer period.

The situation is particularly worrying because neighbouring Southeast Asian countries such as Cambodia, Indonesia and Thailand, which are demographically and socio-economically similar to Viet Nam, have not experienced any significant rise in sex ratios at birth in recent decades, the report stated.

The report predicted that the SRB could rise to 115 by 2015 and that it would remain at this level if no actions were taken.

Campbell said improved gender equality could help to reduce the SRB imbalance in Viet Nam.

"However, the geographical and socio-economic complexitymeans that there is no ‘quick fix' to the rapidly emerging issue, and that a number of different interventions may be needed. — VNS

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Monday, November 8, 2010

Need to address development issues

by Nguyen Khanh Chi

Thong Nhat is popular with Hanoians who enjoy the park's greenery and fresh air. However, Ha Noi's rapid urbanisation has raised fears about pollution, traffic chaos and over-development. — VNA/VNS Photo Trong Duc

Thong Nhat is popular with Hanoians who enjoy the park's greenery and fresh air. However, Ha Noi's rapid urbanisation has raised fears about pollution, traffic chaos and over-development. — VNA/VNS Photo Trong Duc

HA NOI — Ha Noi is facing newly emerging challenges that must be addressed, Pham Quang Nghi, Secretary of the Ha Noi Party Committee, said yesterday.

"As a result of its achievements, Ha Noi is confronting a number of novel challenges such as rapid growth of its urban population, traffic jams, and environmental pollution," Nghi told participants at an international conference in Ha Noi.

The conference "Sustainable development of Ha Noi: civilised and heroic city for peace," has attracted more than 500 participants, both local and international.

Over the past decades Ha Noi has recorded significant socio-economic development, Nghi said.

The city has seen average annual GDP growth of almost 11.5 per cent since 2000, while annual GDP per capita is now US$1,760 – up from $990 in 2000. The capital has contributed 18 per cent to the national GDP and 20 per cent to the national budget.

A recent study by PriceWaterHouseCoopers projected that Ha Noi would be one of the top two cities in the world in terms of average real GDP growth between 2008-25.

Nghi added that Ha Noi would take the lead in luring foreign investment and that there had been more than 8,000 projects worth a total committed capital of $18 billion in the last few years. The city has also expanded rapidly, he said. The number of urban areas has risen from just 1 in 1999 to more than 50 this year.

"Under these circumstances, we are clearly aware of the ample opportunities presented, as well as fierce challenges," he said. "Viet Nam in general and Ha Noi in particularly are looking for ways to achieve sustainable development."

Vu Minh Giang, head of the conference's organising committee, said a comprehensive and thorough study of Ha Noi's construction and development needs was required.

Giang said the conference was an opportunity to obtain valuable ideas from development experts.

The three-day conference focused on a wide range of areas including cultural and historic values, socio-economic issues, natural resources and environment, and urban planning and management.

"These studies provide a deeper understanding of the city and will be a scientific foundation for local authorities when they make policies," Giang said.

Giang said further studies would be conducted on city planning, the efficient settlement of social problems such as traffic jams and waste treatment, and harmonious economic development.

Cultural preservation

"Sustainable development is not just about socio-economic development and urban planning but also cultural and historical values," said Giang, who is also vice president of Ha Noi National University.

Most people think preservation of cultural values is antithetical to urban development, but that is not the case.

"Economic development and management planning can be integrated to evolve into a new model wherein heritage becomes the core of the city's development process," said Katherine Muller-Marin from UNESCO Viet Nam.

She said that community-led activities such as the Giong Festivals in Phu Dong and the Soc Temples are good examples of how local populations can contribute to their economy and social cohesion.

Addressing the event, the UNESCO representative said the development process had four components – awareness, appreciation, protection and utilisation.

"It is important to develop cities and heritage sites by reinvesting part of the revenue produced from tourism into conservation."

Muller-Marin stressed that encouraging stakeholder participation, especially in the private sector, was crucial to preserving cultural heritage.

"Increasing more effective opportunities for public-private investment in urban heritage areas is another essential aspect of upgrading long-term preservation."

Ha Noi should be aware of the challenges that fast-paced urbanisation poses, especially when it is about preserving cultural heritage, Muller-Marin said.

Experts said Ha Noi must pay due attention to monitoring tourism growth, which is expected to be both significant and rapid.

Proper conservation measures and a strict management system are needed to prevent the royal citadel from being removed from the World Heritage List, warned William Logan, a professor at Deakin University, Australia. — VNS

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Tuesday, October 26, 2010

Government focuses on prices, power shortage

The government will focus on implementing measures to control prices and deal with power shortage in the remaining months of this year, according to Prime Minister Nguyen Tan Dung.

The PM made the statement at the cabinet’s September meeting on Thursday, which discussed the nation’s socio-economic performance in the past nine months and socio-economic tasks in the fourth quarter.

Dung said he will soon issue Instructions on solutions to control prices and stabilize the market from now to the year-end and early 2011.

Putting the emphasis on the close connection between prices and monetary and credit policies, the PM underscored the need to continue keeping stable the prime interest rate.

He asked relevant ministries and agencies to be proactive and flexible in executing monetary policies in service of economic growth, not letting any price fever of essential goods, especially medicine and milk, occur.

To tackle power shortage, Dung asked the electricity sector, especially the Electricity of Vietnam to take drastic measures to ensure sufficient power in both short and long terms.

He requested the sector to quickly speed up construction and commissioning of power plants along with buying power from neighboring countries and regulating power resources appropriately.

At this meeting, the cabinet members discussed reports on the country’s socio-economic performance over September and the past nine months presented by ministries of planning and investment, finance, and industry and trade, and forecast the future national and global economic situation.

They agreed that the country’s national economy moved positively over the past nine months with GDP reaching 6.52 percent.

Exports in nine months were estimated to rake in US$51.5 billion, rising 23.2 percent over the same period in 2009 and nearly quadrupling the yearly goal of over 6 percent set by the National Assembly.

Trade deficit continued to be narrowed to stand at $8.58 billion, which accounted for 16.7 percent of export value, or the lowest level in the past years.

The cabinet members were concerned about an increase of 1.31 percent in consumer price index (CPI) in September, which made CPI grow 6.46 percent compared to December, 2009 and 8.64 percent year on year.

Also at this meeting, the cabinet members listened and gave opinions to reports on Vinashin’s business and production performance, land use plans for the 2011-2015 period and to 2020, and a summary of government members’ opinions on a draft decree to replace the existing decree on sanctions against administrative violations in the maritime sector.

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Government focuses on prices, power shortage

The government will focus on implementing measures to control prices and deal with power shortage in the remaining months of this year, according to Prime Minister Nguyen Tan Dung.

The PM made the statement at the cabinet’s September meeting on Thursday, which discussed the nation’s socio-economic performance in the past nine months and socio-economic tasks in the fourth quarter.

Dung said he will soon issue Instructions on solutions to control prices and stabilize the market from now to the year-end and early 2011.

Putting the emphasis on the close connection between prices and monetary and credit policies, the PM underscored the need to continue keeping stable the prime interest rate.

He asked relevant ministries and agencies to be proactive and flexible in executing monetary policies in service of economic growth, not letting any price fever of essential goods, especially medicine and milk, occur.

To tackle power shortage, Dung asked the electricity sector, especially the Electricity of Vietnam to take drastic measures to ensure sufficient power in both short and long terms.

He requested the sector to quickly speed up construction and commissioning of power plants along with buying power from neighboring countries and regulating power resources appropriately.

At this meeting, the cabinet members discussed reports on the country’s socio-economic performance over September and the past nine months presented by ministries of planning and investment, finance, and industry and trade, and forecast the future national and global economic situation.

They agreed that the country’s national economy moved positively over the past nine months with GDP reaching 6.52 percent.

Exports in nine months were estimated to rake in US$51.5 billion, rising 23.2 percent over the same period in 2009 and nearly quadrupling the yearly goal of over 6 percent set by the National Assembly.

Trade deficit continued to be narrowed to stand at $8.58 billion, which accounted for 16.7 percent of export value, or the lowest level in the past years.

The cabinet members were concerned about an increase of 1.31 percent in consumer price index (CPI) in September, which made CPI grow 6.46 percent compared to December, 2009 and 8.64 percent year on year.

Also at this meeting, the cabinet members listened and gave opinions to reports on Vinashin’s business and production performance, land use plans for the 2011-2015 period and to 2020, and a summary of government members’ opinions on a draft decree to replace the existing decree on sanctions against administrative violations in the maritime sector.

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Monday, October 25, 2010

Agriculture, fisheries census

HA NOI — The Vietnamese Government will conduct a nationwide agriculture and fisheries census next July.

The survey is being conducted to serve the country's socio-economic development policies.

In accordance with Prime Minister Nguyen Tan Dung's instructions, the month-long census, which will start on July 1, 2011, aims to collect basic information about the country's rural and agricultural sector.

The census's results are expected to serve as a basis for assessing the implementation of national programmes in rural areas.

Accordingly, the number of production units, labourers and labour structures along with how technology is affecting production and the environment will be surveyed.

In addition, the census will provide an overview of the transformation of the country's rural economy and socio-economic infrastructure.

Information concerning living conditions and individual's ability to access loans and vocational training standards will also be surveyed.

The census's findings will be announced next December and the official results published during the third quarter in 2012.

The steering board at the central level will take responsibility for building plans that will be submitted to the Planning and Investment Minister. Municipal governments will be responsible for carrying out their own surveys.

The census is conducted every five years by the General Statistics Office.

According to the 2006 census, Viet Nam has 10.47 million housing units participating in the agriculture and fishing sector, which is 770,000 units less than in 2001. — VNS

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Saturday, October 23, 2010

WB President: Vietnam uses WB capital effectively

World Bank President Robert Zoellick has said Vietnam was one of the countries using WB capital most effectively and the bank will continue to assist the nation in the coming time.

The WB leader made the statement while working with Vietnamese Planning and Investment Minister Vo Hong Phuc, who is on a five-day working visit to the US from Monday.

Zoellick praised Vietnam for its achievements in socio-economic development, implementation of Millennium Development Goals and poverty reduction.

Minister Phuc expressed thanks to the WB’s assistance to Vietnam over the past time and wished to continue to receive more helps from the world’s biggest development bank to implement its socio-economic development strategy and plan in the 2011-2015 period.

The two sides agreed to boost cooperation in the future, focusing on developing economic infrastructure and human resource, along with in raising institutional capacity, poverty reduction and healthcare and education support.

They also agreed to expand cooperation in cooping with climate change and boost Public Private Partnership (PPP) in the areas of energy and infrastructure.

The two sides discussed a plan to celebrate the 35th anniversary of ties between Vietnam and the WB in 2011.

During the current visit, the Vietnamese Minister also met with officials of the International Monetary Fund (IMF). During the meeting, they exchanged views on prospects of global economic development and Vietnam’s economy.

They also mentioned challenges to Vietnam’s economy in the future, especially when the country emerges as a nation with an average income.

Meeting with officials of the US Agency for International Development (USAID), Minister Phuc spoke highly of USAID’s assistance to Vietnam over the past time, especially in HIV/AIDs control, implementing WTO commitments, raising competitive capacity and developing education and training.

Phuc asked the USAID to continue its assistance in those areas in parallel with expanding cooperation to other fields and facilitating US investors to take part in PPP projects in Vietnam.

He also had discussions with US enterprises under the Prime Minister’s Advisory Council and joined in investment promotion activities in Nevada and California states.

The Vietnamese Minister visited and had working sessions with Boeing and Microsoft.

During those working sessions, Minister Phuc introduced Vietnam’s investment climate, answered questions by US enterprises and discussed measure to solve difficulties facing US businesses operating in Vietnam.

Those meetings and discussions were aimed at boosting understanding and attracting investment into Vietnam.

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Survey planned next year of agriculture

A general survey will be conducted of rural areas, agriculture and fisheries on July 1 next year under a new decision by the Prime Minister.

The month-long investigation aims to assess the conditions and development of the agricultural sector in the country. The results will serve as a basis to set up plans and policies to develop agriculture and rural areas in the next stage as well as targets for the national socio-economic development strategy.

Under the decision No 1785/QD-TTg signed on September 27, the survey will collect such information as the number of production units, their size and production capacity as well as the labour structure in the agro-forestry-fishery sector.

The current situation of rural economy and changes in socio-economic infrastructure structure, along with information relating to rural population will also be the subjects of the investigation.

Initial results will be announced in December 2011 while the full outcomes will be made available in the third quarter of 2012./.

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Friday, October 22, 2010

VN and Indian professionals celebrate countries relations

HCM CITY — "I am half Indian, half Vietnamese," said Nguyen Minh Chau, director of the Southern Food Research Institute, as he waxed nostalgic about his five-and-a-half year stay in India, pursuing post-graduate and doctorate courses with scholarships from the Indian government.

Chau was among many recipients of the Indian Technical and Economic Cooperation (ITEC) scholarships who gathered at the General Sciences Library in HCM City last weekend to mark the ITEC Day 2010.

Chau said that many Vietnamese professionals trained in India were heading agricultural, horticultural and other scientific research institutes in the country.

Chief guest Dang Cong Luan, Director of the Department of Interior of the People's Committee of HCM City, said "the ITEC Programme is an earnest attempt by India to share the fruits of its socio-economic development and technological achievement with other developing countries, including Viet Nam."

"Thanks to the ITEC programme, many researchers, cadres, officials, students have been engrossed in scientific research and are applying the technical breakthroughs in production as well as in life, bringing high socio-economic efficiency," Luan said.

Abay Thakur, Indian consul-general, said that the most popular courses for the Vietnamese students going to India have been IT, English proficiency, financial management, agricultural practices (including soil management, farming systems and agronomy), environmental technology and biotechnology. — VNS

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Tuesday, October 12, 2010

VNGOs praised for contributions to society

Vietnam’s non-government organisations (VNGOs) have confirmed their role and contributions to ridding the nation of hunger and reducing poverty while promoting socio-economic development, said a former official of the Ministry of Home Affairs.

Ex-Deputy Minister of Home Affairs Thang Van Phuc stated this at the annual VNGOs seminar held by the Vietnam Union of Science and Technology Association in Hanoi on September 20.

A representative from the Consultation Institute Pham Quang Tu praised the VNGOs projects which, he said, have contributed to raising the awareness, skills and the capabilities of poor and ethnic people, as well as people affected by natural disasters and epidemics, and women, children, and people with HIV or disabilities.

However, he went on to say the effectiveness of VNGOs’ activities have not met their full expectations due an inadequate legal framework and strict regulations on VNGOs.

Apart from enhancing the present legislation, Deputy Head of the Vietnamese National Assembly’s Committee for Social Affairs Nguyen Van Tien, suggested that the State introduces policies so VNGOs can become more involved in government programmes and consult on a number of the State’s policies.

The State should also permit the VNGOs to provide public services in healthcare, education and culture, he said.

According to statistics released by the People’s Aid Coordinating Committee (PACCOM), in 2009, domestic and foreign NGOs disbursed more than 271 million USD as aid in health care, socio-economic development, education and training and settling social issues.

The country now has around 1,700 NGOs./.

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Saturday, October 2, 2010

Netherlands helps to improve life in Lao Cai

A meeting was held in the northern province of Lao Cai on September 13 to review cooperation outcomes with the Netherlands Development Organisation (SNV) for the 2008-2010 period and to discuss a plan for the 2011-2015 period.

In the review period, Lao Cai province and SNV jointly carried out socio-economic development projects, helping to improve local people’s living conditions, and increase access to advanced farming technology. About 85 percent of households also gained access to clean water.

Tourism development assistance activities helped the local people raise their income by 15-20 percent, combining community-based tourism development and sustainable poverty reduction.

Apart from continuing cooperation projects on socio-economic development for the 2011-2015 period, the two sides agreed to engage in a consultancy on clean water supply management and tea development, including a trademark and connectivity model between farmers and the processing and business units.

They also agreed to conduct market surveys for travel agencies, in order to meet the demand for community-based tourism.

At the meeting, Pham Van Cuong, Vice Chairman of the Lao Cai Province People’s Committee, praised SNV’s cooperation and help over past years and expressed his wish for the organisation’s further cooperation in tourism, sustainable agriculture and rural development./.

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Tuesday, August 24, 2010

ADB notes Vietnam’s poverty reduction experience

ethnic

Vietnam has reaped worthy experiences in the fight against poverty that other countries can learn from, said a senior official from the Asian Development Bank (ADB).

ADB Vice President Lawrence Green Wood made the remark at his meeting with Deputy Prime Minister and Foreign Minister Pham Gia Khiem in Hanoi on Thursday.

Wood is here for the Greater Mekong Sub-region (GMS) Ministerial Conference.

Describing Vietnam’s socio-economic development successes as very impressive, the ADB official also expressed his delight that the ADB has contributed its part to these successes.

The ADB executive said his institution wants to boost cooperation with Vietnam in projects covering power generation and transmission and construction of subways in the capital city of Hanoi and the country’s economic hub of Ho Chi Minh City.

He noted that ADB is always a partner to ASEAN during the latter’s development and integration process and supports the group’s plan of shaping up the ASEAN Community by 2015.

Calling for Vietnam’s contribution to the infrastructure construction fund for ASEAN, the ADB thanked Vietnam for early preparations for the ADB’s annual meeting in the country in 2011.

For his part, Khiem said he was pleased with the close and effective cooperation between Vietnam and the regional financial institution.

He took the opportunity to thank the institution for assisting Vietnam practically and efficiently in poverty reduction, infrastructure construction and policy-making projects.

“That valuable assistance has contributed productively to Vietnam’s socio-economic development,” Khiem stressed.

He briefed his guest on the country’s efforts to reform administrative procedures and raise the efficiency of the use of ADB’s loans.

Vietnam is proud of what it has achieved in the fight against poverty and ensuring social welfare for its people and is willing to share experiences in the fields with other countries, Khiem told the ADB official.

He said he believed that with experiences drawn from the organization of numerous international events, Vietnam will work to make ADB’s annual meeting in 2011 successful.

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Monday, August 23, 2010

ADB notes Vietnam’s poverty reduction experience

Vietnam has reaped worthy experiences in the fight against poverty that other countries can learn from, said a senior official from the Asian Development Bank (ADB).

ADB Vice President Lawrence Green Wood made the remark at his meeting with Deputy Prime Minister and Foreign Minister Pham Gia Khiem in Hanoi on August 19.

Wood is here for the Greater Mekong Sub-region (GMS) Ministerial Conference.

Describing Vietnam ’s socio-economic development successes as very impressive, the ADB official also expressed his delight that the ADB has contributed its part to these successes.

The ADB executive said his institution wants to boost cooperation with Vietnam in projects covering power generation and transmission and construction of subways in the capital city of Hanoi and the country’s economic hub of Ho Chi Minh City .

He noted that ADB is always a partner to ASEAN during the latter’s development and integration process and supports the group’s plan of shaping up the ASEAN Community by 2015.

Calling for Vietnam ’s contribution to the infrastructure construction fund for ASEAN, the ADB thanked Vietnam for early preparations for the ADB’s annual meeting in the country in 2011.

For his part, Deputy PM Khiem said he was pleased with the close and effective cooperation between Vietnam and the regional financial institution.

He took the opportunity to thank the institution for assisting Vietnam practically and efficiently in poverty reduction, infrastructure construction and policy-making projects.

“That valuable assistance has contributed productively to Vietnam ’s socio-economic development,” Deputy PM Khiem stressed.

He briefed his guest on the country’s efforts to reform administrative procedures and raise the efficiency of the use of ADB’s loans.

Vietnam is proud of what it has achieved in the fight against poverty and ensuring social welfare for its people and is willing to share experiences in the fields with other countries, Khiem told the ADB official.

He said he believed that with experiences drawn from the organisation of numerous international events, Vietnam will work to make ADB’s annual meeting in 2011 successful./.

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