The Prime Minister highly appreciated the support and cooperation of the WB for Vietnam in recent times, especially in policy advice, financial provision, implementation of many effective projects, contributing positively to the process of socio-economic development and poverty reduction in Vietnam.

The WB President congratulated Vietnam on its positive economic development results in recent times and highly appreciated the Government's effective management in achieving these results. The WB continues to consider Vietnam an important partner and will continue to accompany and support Vietnam.

To enhance the effectiveness of cooperation in the coming time, the Prime Minister and the WB President agreed to speed up the progress of existing projects, while promoting large-scale strategic projects with spillover effects.

Accordingly, some potential new generation projects within the framework of the WB's 5-7 billion USD loan for Vietnam in the next 3 years include: the Vietnam Renewable Energy Development Promotion Project (REACH), the project to plant 1 million hectares of high-yield, low-emission rice; the Hanoi - Hoa Lac railway project, investment in climate change adaptation infrastructure in the Mekong Delta and digital transformation and green transformation projects.

At the same time, while the WB is restructuring its global presence, the head of the Government also proposed that the WB establish a regional center with an office in Vietnam. The Government will create the best conditions for this office to operate projects in Vietnam and other countries in the region.

Appreciating this idea, the WB President affirmed that he would seriously study the establishment of a regional center, and highly appreciated the efforts and determination of the Vietnamese Government in green transformation, responding to climate change and sustainable development, especially the implementation of the project to plant 1 million hectares of high-yield, low-emission rice.

This is a model project of green agriculture of the World Bank in the world, helping to reduce methane emissions as well as bringing clear financial benefits to people through the carbon credit mechanism.

The WB President also proposed that Vietnam study participating in the global carbon credit market and affirmed his readiness to accompany and support Vietnam in this process, as well as in implementing climate commitments and goals in general.

At a meeting with Swedish Prime Minister Ulf Kristersson, Prime Minister Pham Minh Chinh affirmed that Vietnam always attaches importance to and wishes to strengthen the traditional friendship with Sweden - one of Vietnam's priority partners in Europe.

At the same time, it is recommended that the two sides promote delegation exchanges at all levels, especially high-level delegations, especially in 2024, when the two countries celebrate the 55th anniversary of diplomatic relations, creating a foundation to consolidate and further deepen bilateral cooperation, sharing information and experience in national development.

The Prime Minister emphasized that the two countries still have a lot of potential and room for cooperation that needs to be promoted to complement each other. It is necessary to further promote cooperation in all fields, especially in economics, trade, investment, digital transformation, green transformation, circular economy, education and training, and expanding tourist visas to facilitate people-to-people exchanges.

The Prime Minister also hopes that Sweden will share its successful experiences with Vietnam in the fields of cultural development, human resources, and social security.