Consultative Group meeting set for Dec 3-4 after business forum

The World Bank-chaired annual Consultative Group meeting of Vietnam donors will take place on Dec. 3-4 in Hanoi, the WB announced Friday.

This undated file photo shows a Consultative Group meeting for Vietnam

The overarching theme of the meeting will be regaining rapid and sustainable economic growth, the WB said.

The chairpersons of the meeting are Mr. Vo Hong Phuc, Vietnamese Minister of Planning and Investment, and Ms. Victoria Kwakwa, World Bank Country Director for Vietnam.
The meeting is to provide a forum for discussions of the opportunities and challenges facing the Southeast Asian country. Representatives from the Asian Development Bank and government officials from around 50 countries, including the U.S., Japan, Britain and France, are expected to attend the meeting.
Topics for discussions will include sustaining macroeconomic stability, re-positioning the economy for growth in a post-crisis world, emerging challenges for poverty reduction, strengthening public administration and fighting corruption, ensuring sustainable development, and others.

Ahead of the meeting, a separate Vietnam Business Forum (VBF) with the private sector – domestic and foreign – will be held on December 1 in Hanoi, by the World Bank’s International Finance Corporation (IFC), in cooperation with the Vietnamese Ministry of Planning and Investment.

This year’s forum will be dedicated such topics as investment climate perception presented by local and foreign business associations, a survey on company’s view of Vietnam’s investment potentials, recap of dialogue progress under VBF in 2009, and reports from VBF working groups.

At last year’s CG meeting held in Hanoi last December, partners committed a record amount of over US$5 billion in support of Vietnam’s poverty reduction and development agenda.

By Tuong Thuy

Other news