Vietnam and World Bank discuss priorities for APEC 2027
On the sidelines of the 2026 APEC Finance Ministers Meeting in Hong Kong Vietnamese Minister of Finance Ngo Van Tuan held bilateral talks with a World Bank Group delegation led by Paschal Donohoe managing director and chief knowledge officer of the World Bank Group on October 20
The World Bank and Vietnam discussed priorities for APEC 2027, which Vietnam will host. Minister Ngo Van Tuan and WBG Managing Director Paschal Donohoe emphasized the WBG's support for Vietnam's economic reforms, infrastructure modernization, and social welfare development over the years. Tuan stressed the importance of micro, small, and medium-sized enterprises (MSMEs) in Vietnam's economy and the need to address barriers to their development.
Donohoe praised Vietnam's achievements in managing state budget resources efficiently and maintaining macroeconomic stability, calling for MSME financing to be a central priority under APEC 2027. The two sides also discussed the Vietnam-WBG Country Partnership Framework for 2027-2032 and expressed mutual commitment to supporting Vietnam's long-term development goals.
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