PM hosts CEO of International Finance Corporation

Update: 09:49 | 16/08/2019
Prime Minister Nguyen Xuan Phuc received Philippe Le Houerou, CEO of the International Finance Corporation (IFC) – a member of the World Bank (WB) Group, in Ha Noi on August 15.
TIN LIÊN QUAN
pm hosts ceo of international finance corporation Vietnam wants to further boost relations with EU: PM
pm hosts ceo of international finance corporation PM hopes for stronger cooperation with Sweden
pm hosts ceo of international finance corporation
Prime Minister Nguyen Xuan Phuc shakes hands with Philippe Le Houerou, CEO of the International Finance Corporation.

At the reception, PM Phuc praised the cooperation between Vietnam and the IFC in terms of financial funding and advice on macroeconomic and financial policies.

He briefed his guest on the country’s current economic affairs with stable growth, good macroeconomic indexes, and increasing foreign investment, adding that collaboration and support from the IFC and WB have contributes to such achievements.

For his part, Houerou said Vietnam is a suitable partner for the IFC to expand its cooperation with, highlighting an increase in IFC activities in Vietnam recently as well as the significant potential for bilateral collaboration in infrastructure.

The IFC can help Vietnam switch to clean energy, build power lines, and boost the use of liquefied gas, the CEO said, adding that the corporation wants to continue supporting the development of Vietnam’s small- and medium-sized enterprises. He hoped for assistance from the Vietnamese Government and the PM during such process.

Agreeing with Houerou, Phuc stressed the potential of the private sector in Vietnam. He said the sector can enjoy even stronger development with proactive support from the WB and IFC.

Pointing to the risk of energy shortage, particularly electricity, in the country, the Government leader asked the IFC to assist Vietnam in developing renewable energy and upgrading overloaded power lines in key areas.

He also called for help from the IFC for Vietnam in environmental development, energy, clean water, finance, and poverty alleviation.

The PM also took the occasion to invite the IFC manager to attend activities hosted by Vietnam as the Chair of ASEAN next year.

Concurring with his host, Le Houerou said that the IFC is strengthening its financial and securities consultation for Vietnam and the corporation is committed to working closely with Vietnamese ministries and sectors to tap the country’s growth potential.

IFC is the largest global development institution focused on the private sector in developing countries. It has operated in Vietnam since 1992.

pm hosts ceo of international finance corporation PM receives Governor of Japan’s Nagano prefecture

Prime Minister Nguyen Xuan Phuc on August 14 expressed his delight at the development of the Vietnam–Japan extensive strategic partnership in diverse areas, not only ...

pm hosts ceo of international finance corporation PM Nguyen Xuan Phuc receives Techtronic Industries chairman

Prime Minister Nguyen Xuan Phuc received Horst Julius Pudwill, Chairman of Techtronic Industries (TTI) – a world-leading Hong Kong-based manufacturer of cordless power equipment, in ...

pm hosts ceo of international finance corporation Prime Minister receives Governor of the Bank of Thailand

Prime Minister Nguyen Xuan Phuc expressed his hope for stronger ties between the Vietnamese and Thai banking systems while receiving Governor of the Bank of ...

(Source: VNA)