International donors at the CG meeting last year pledged to provide US$7.9 billion in aid to support Vietnam’s socio-economic development.
At the CG meeting, representatives from international aid donors, non-governmental organisations (NGOs) and the Vietnamese Government will discuss the state of Vietnam’s macroeconomy in 2011 and priorities for next year.
The Vietnamese Government delegation will be headed by Prime Minister Nguyen Tan Dung and will include senior officials from key ministries and Government agencies.
The majority of the agenda is focused on restructuring public investment and the financial sector to improve the performance of Vietnam’s economy in the coming years.
Delegates will also discuss the new dynamics of poverty in Vietnam including rapid urbanisation, internal migration and poverty reduction policies.
World Bank Country Director for Vietnam Victor Kwakwa said this CG meeting is very important as it is the first one since the new Government took office in August.
The CG meeting will be co-chaired by Minister of Planning and Investment Bui Quang Vinh and World Bank Country Director for Vietnam Victoria Kwakwa.
The Vietnam Business Forum (VBF) will be held on December 2 prior to the CG meeting.
The VBF 2011 is a forum for the Vietnamese Government and the business community to discuss ways to reform the banking sector, build a strong capital market and add more value to Vietnam’s manufacturing sector.
Reports on taxation and the property market from relevant working groups will also be presented at the VBF.
At the CG meeting in 2010, international donors pledged to provide US$7.9 billion in aid to support Vietnam’s socio-economic development.