HCMC & WB sign MoU on comprehensive partnership

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong yesterday received Ousmane Dione, Country Director for the World Bank in Vietnam, and signed a memorandum of understanding (MoU) on comprehensive partnership for the 2018-2020 period. 

MoU on comprehensive partnership between Ho Chi Minh City and World Bank

MoU on comprehensive partnership between Ho Chi Minh City and World Bank

Speaking at the meeting, the city leader stressed that the investment projects and technological supports from the World Bank have significantly contributed in improving the quality of people's life, and developing the city’s infrastructure system.
Thus, Ho Chi Minh City desired to continue sharing experiences as well as receiving more and more supports from foreign partners including WB. 
The WB director said that Ho Chi Minh City received around US$ 1.2 billion of WB projects over the past 20 years which contributed to economic and infrastructure development and brought benefits for million people. 

WB pledged to continue supporting the locality to become a world-class city in coming time. 

BY THUY VU- Translated by Huyen Huong

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